Wednesday 14 June 2023
Industry Super Australia (ISA) Chair Greg Combet will resign from the Board of ISA, following his appointment by the Prime Minister as full-time Chair of the new Net Zero Economy Agency.
His resignation will take effect from 30 June, 2023.
Mr Combet joined the ISA Board as Deputy Chair in 2017, becoming Chair in December 2018.
A strong advocate for members, Mr Combet led the ISA Board during a time of considerable change in the superannuation sector including the Royal Commission, Covid-19 pandemic and new legislative and regulatory requirements.
Despite these significant pressures, ISA has continued to be a leading voice for Industry SuperFunds and their members, working to deliver a fair, world-class and financially secure retirement for working Australians.
During Mr Combet’s time as Chair, ISA has successfully advocated for:
- Protecting the legislated increase to the super guarantee, delivering tens of thousands of dollars more to hardworking Australians in retirement
- Making super payable on payday to address the $5 billion a year super underpayment
- Strengthening the Your Future, Your Super reforms to protect members from underperforming funds
- Improving outcomes for women, including the abolition of the $450 threshold
The ISA Board will meet before June 30 to determine arrangements moving forward.
Comments attributable to Industry Super Australia Chief Executive Bernie Dean
“It’s hard to overstate the impact Greg has had. He leaves the super system and the nation fairer, wealthier, and better prepared for the future. Millions of members can be confident they’ll be more financially secure thanks to the reforms Greg has helped ISA drive.”
“Greg brought a laser-like focus to bettering the retirement outcomes of Australian workers, epitomising the member-first ethos our directors bring when they step into the boardroom.”
“During a time of significant change and evolution in the super sector, Greg was a trusted, calm and strong Chair, charting a pathway to deliver the best outcomes for our funds and their members.”
“I would like to personally thank Greg for the support, leadership and trust he has placed in me as CEO. I am proud of what we have achieved for our funds and their members together.”
Comments attributable to Industry Super Australia Chair Greg Combet
“ISA is a highly effective peak organisation, relentless in promoting the best financial interests of fund members and ways to improve the operation of the superannuation system.”
“It has been a privilege to serve as Chair and work with the talented team at ISA led by the Chief Executive Bernie Dean, and previously, David Whiteley.”
James Dowling: 0429 437 851, firstname.lastname@example.org