A message from Kristian Fok, Chief Executive Officer
I am pleased to be leading Cbus Super as we move into 2024 and the 40th anniversary year of the Fund’s creation – a cause for celebration as we mark the beginning of something special that has transformed our members’ approach to saving for and standard of living in retirement.
The support of employers has been a key to this success. Diligence in making sure that contributions are deposited into accounts regularly gives members the best chance to maximise the benefit that compound interest will bring them in retirement.
Renewed leadership
In September important executive roles were announced with the creation of Chief Strategy, Transformation, Operating and People Officer roles. Cbus Super has also appointed a new Deputy Chief Investment Officer.
The appointments are crucial steps to support the renewed strategy for our Fund and supports the Fund’s future development, so Cbus is always the organisation we want and need to be for our members and employers.
MBA NSW 150th anniversary dinner
I was pleased to attend the Master Builders Association of NSW 150th Anniversary celebration in October at the Sydney Town Hall, around the corner from where its first meeting with just 25 builders was held 150 years to the day in 1873.
A true highlight of the evening was the screening of a series of short films which showed the rich history of the association through its 150 years.
David Atkin visits
Recently, we were delighted to welcome a former Fund CEO, David Atkin, who led Cbus for over 12 years and is now based in London as CEO of the Principles for Responsible Investment.
David reminded us that "from small things, big things grow" as he recollected with staff on the growth and performance of the Fund during his tenure.
Season's greetings
As we close out the year and reflect on what’s been, a highlight to acknowledge is the growth in the number of employers choosing Cbus Super for their staff. Last financial year we saw a 9.5% increase in the number of employers making contributions to the Fund, as highlighted in our Annual Integrated Report.
I thank you for your support of the Fund and hope that you and your employees have had a rewarding 2023, and wish you a prosperous new year.
Kristian Fok
CEO