Top performing industry super fund Cbus Super’s new Chief Executive will be Justin Arter, who brings extensive experience as a CEO and senior executive in Government and investment sectors.
Announcing the appointment, Cbus Super Chair Steve Bracks said Mr Arter had a wealth of international executive leadership experience to bring to the task of protecting and growing the retirement savings of Cbus members.
“Justin Arter is an executive with a global reputation. Given the growing sophistication of Cbus’ investments and leading position in providing products and services to improve the retirement outcomes of our members, Mr Arter is well placed to build on our strong foundations to guide the next period of Cbus’ journey.”
“I am absolutely confident Mr Arter will continue our 35-year-old tradition of outperformance based on our unshakeable determination to keep members at the centre of everything that we do.”
Justin Arter previously held senior roles at BlackRock including country head Australia and Head of Institutional Client Business for the UK, Middle East and Africa. Before that he led the Victorian Funds Management Corporation. Mr Arter also spent nearly 20 years in a range of senior positions at Goldman Sachs JB Were. Most recently Mr Arter has consulted for major financial institutions.
Justin Arter said today that he was looking forward to starting work at Cbus.
“Cbus has a proud history and strong member focus as a leading industry super fund. I am incredibly excited about leading the Fund into the next stage of its journey and to continue its success in maximising the retirement futures of its 750,000 hard-working fund members.”
Cbus Chair Steve Bracks also paid tribute to outgoing Cbus CEO David Atkin.
“David’s stewardship of Cbus has been a remarkable achievement. Everyone at the fund wishes him the very best and congratulates him on his highly successful leadership over a sustained period of time.”
Justin Arter is expected to commence at Cbus in late August.
JUSTIN ARTER
Justin Arter is an independent consultant currently assisting the institutional arm of ANZ bank in its efforts with industry superannuation funds.
Prior to consulting to ANZ, he spent 2 ½ years on London with BlackRock as Head of the Institutional Business for the UK, Middle East and Africa. He joined BlackRock in 2012 as country head for Australia.
Prior to his service at BlackRock, Justin was CEO of Victorian Funds Management Corporation (VFMC) from 2009 to 2012. VFMC is the funds management arm of the Victorian Government and manages approximately $64 billion for 29 public authorities and related organisations.
Prior to VMFC, Justin had an 18 year career with Goldman Sachs JBWere, and its predecessor organisation JBWere, where he was an equity analyst and market strategist, and served on the board, management and risk committees.
Justin is a graduate of the University of Melbourne with degrees in Law and Commerce and attended the Advanced Management Program at the Wharton School at the University of Pennsylvania in 2005.
