The resignation adds to a string of senior departures from the industry superannuation fund and comes ahead of an extraordinary attack by the CFMEU on the financial regulator.
BUSSQ’s chief investment officer and acting CEO has quit, adding to a string of senior departures from the $6 billion superannuation fund and coming ahead of an extraordinary attack by the CFMEU on the financial regulator.
Mr Mather had been with BUSSQ for three years and had a decade of experience as a super fund executive.However, BUSSQ board director and Construction, Forestry, Maritime, Mining and Energy Union Queensland secretary Michael Ravbar, who joined the board in November, denied the fund was dysfunctional.
He called for an urgent investigation into APRA’s alleged mismanagement of the recent mass resignation of Master Builder Queensland’s appointed board directors in January, which he described as “board-level sabotage”.