4 August 2025
HESTA has today announced the appointment of Natalie Alford as its new Chief Risk Officer, commencing on Monday 3 November.
Ms Alford joins from Equip Super, where she has served as Chief Risk Officer since 2017, and brings extensive experience in risk management and regulatory compliance.
HESTA CEO Debby Blakey said Ms Alford’s appointment would support the group’s ongoing focus on risk ownership and management during a period of significant industry transformation.
"Natalie brings deep industry knowledge and extensive experience leading risk functions that will be invaluable as we continue to implement our risk management framework to support members," Ms Blakey said.
"Her proven track record in delivering complex transformation projects and extensive regulatory experience make her a fantastic addition to the executive team as we navigate an increasingly complex environment."
The appointment follows former Chief Risk Officer Andrew Major taking on a newly created advisory role in June, where he’s working closely with HESTA’s Investments leaders and advising on the fund’s investment strategy.
Ms Alford joins HESTA with over 17 years of superannuation experience, having overseen risk management, compliance, legal and governance functions, and has deep regulatory experience from previous roles at APRA. "I'm excited to join HESTA and contribute to its mission of helping members face the future with confidence," Ms Alford said.
"Robust risk management is crucial to ensuring the Fund continues to deliver sustainable long-term results for its members and I look forward to driving this ongoing work."
Ruvimbo Tagwira will continue to lead the risk function in the interim until Ms Alford commences in November.
Ends.
About HESTA
HESTA is one of the largest superannuation funds dedicated to Australia’s health and community services sector. An industry fund that's run only to benefit members, HESTA now has more than one million members (around 80% of whom are women) and currently manages approximately $96 billion* in assets invested around the world.
*Information is current as at the date of issue.
