TWUSUPER team

TWUSUPER is a not-for-profit Industry SuperFund for the transport and logistics industry.

Our Board ensures TWUSUPER looks after the best interests of all members, and we have a skilled and experienced management team looking after the day-to-day operations of the Fund.

The Trustee executive team

Position	Name
Chief Executive Officer	Frank Sandy
Acting Chief Financial Officer	Wayne Jones
Chief Investment Officer	Andrew Killen
Chief Governance Officer	Lachlan McBain
Executive Manager Strategy and Customer Experience	Matt Licheri
Executive Manager Stakeholders and Marketing	Tony Buckley
Manager, Operations	Lou Coia

Trustee Directors

The TWUSUPER Board is a representative board that includes both employer and employee representatives.

This board structure is recognised by peak super bodies such as the Australian Institute of Super Trustees (AIST) and the Industry Funds’ Forum as providing the best governance model for Australian Industry SuperFunds.

an Independent Chairman
four employee representatives, nominated by the Transport Workers’ Union of Australia (TWU)
four employer representatives, nominated by the Australian Road Transport Industrial Organisation (ARTIO)
up to six alternate directors, nominated by their respective representatives.

Employee Directors*	Employer Directors*
Independent Chairman	David Galbally AM QC
Tony Sheldon	Hugh McMaster
Peter Biagini	Peter Anderson
John Berger	Dennis Sutton
Richard Olsen	Gary Mahon
Timothy Dawson (Alternate)	Paul Ryan (Alternate)
Michael Kaine (Alternate)	Michelle Harwood (Alternate)
Ian Smith (Alternate)

* Robin Phillips ceased as an Alternate Employer Director from 10 August 2017

Related documents

Committees

Audit, Risk and Compliance
Claims
Communications and Marketing
Complaints and Appeals
Investment
Operations and Remuneration

Board Attendance Records

The table below shows the board meetings attended by TWUSUPER Directors in the last 7 years.

Financial year	2010/11	2011/12	2012/13	2013/14	2014/15	2015/16	2016/17
No. of board meetings	6	6	6	6	6	7	6
Director Attendance
Current Directors
David Galbally AM QC	6	6	5	6	6	6	5
Tony Sheldon	3	2	3	4	5	6	4
Hugh McMaster1	6	6	6	6	6	7	5
Peter Biagini2	3	5	6	5	5	7	6
Peter Anderson3	N/A	N/A	N/A	N/A	N/A	3	6
John Berger4	N/A	N/A	N/A	N/A	N/A	1	6
Richard Olsen5	N/A	N/A	N/A	N/A	N/A	N/A	4
Dennis Sutton6	N/A	N/A	N/A	N/A	N/A	N/A	5
Gary Mahon7	N/A	N/A	N/A	N/A	N/A	N/A	4
Tim Dawson (Alternate)8	N/A	N/A	N/A	1	6	6	5
Michael Kaine (Alternate)	3	6	5	3	5	6	4
Paul Ryan (Alternate)9	6	6	5	6	6	7	5
Ian Smith (Alternate)10	N/A	N/A	N/A	N/A	N/A	N/A	2
Former Directors
Robin Phillips (Alternate)18	6	6	6	6	5	7	6
Rick Burton				4
Wayne Forno11	6	6	5	5
Jim McGivern	3	2	4
Alex Gallacher	5
Bill Noonan	4
Hughie Williams	2
Phil Lovel AM12	5	6	6	5	6	3
Wayne Mader13	2	5	5	6	4	5
Ian King14	6	5	6	6	6	5
Peter Garske15	6	6	5	6	6	6	3
Ray Wyatt16	1	5	5	5	6	5	3
Michael Aird17	N/A	N/A	N/A	N/A	5	4	0

Notes

1 Alternate Director 07/08/2008 too 08/04/2011. Director since 08/04/2011.
2 Alternate Director 10/01/2011 to 26/06/2014. Director since 26/04/2014.
3 Commenced as Director on 03/12/2015.
4 Commenced as Director on 02/06/2016.
5 Commenced as Director on 22/09/2016.
6 Commenced as Director on 22/09/2016.
7 Attended 22/09/2016 Board meeting as an observer. Director since 01/12/2016.
8 Commenced as Alternate Director on 26/06/2014.
9 Alternate Director since 08/04/2011. Director 07/06/2007 to 08/04/2011.
10 Commenced as Alternate Director on 06/04/2017.
11 Alternate Director 11/06/2009 to 08/04/2011. Director from 08/04/2011 to 08/10/2014.
12 Resigned as Director on 23/11/2015.
13 Resigned as Director on 29/04/2016.
14 Resigned as Director on 24/06/2016.
15 Resigned as Director on 30/11/2016.
16 Resigned as Director on 14/02/2017.
17 Commenced as Director on 09/10/2014. Resigned as director on 09/08/2016.
18 Resigned as Director on 10/08/2017.

Trustee service providers

The Trustee engages the following third-party providers in the management of TWUSUPER.

Material providers

Function	Provider	ABN
Administrator	Australian Administrative Services	62 003 429 114
Custodian and investment administrator services	BNP Paribas Securities Services	87 149 440 291

Key providers

Function	Provider
External auditor and tax adviser	Ernst & Young
Internal auditor	PricewaterhouseCoopers
Actuary	Mercer (Australia) Pty Ltd
Financial advice provider	Industry Fund Services Ltd
Investment adviser	JANA Investment Advisers
Investment managers	See investment managers below
Legal adviser	Sparke Helmore Lawyers
Group life and income protection insurer	TAL Life Limited (was CommInsure until 27 May 2017)
Trustee liability insurer	IFS Insurance Solutions Pty Ltd

Investment managers
TWUSUPER engages investment managers to invest members’ money across the different asset classes.
We closely monitor the investment performance of each investment manager and from time to time new investment managers are appointed and others terminated.
TWUSUPER uses JANA Investment Advisers to help set the investment strategy, select investment managers and monitor performance.
Investment managers at 4 April 2018:
- Adam Smith Asset Management
- AIF Capital
- AMP Capital Investors
- AQR Capital Management
- Aurum Funds Management
- Barings
- Charter Hall
- Colonial First State Global Asset Management
- Cooper Investors
- Discovery Asset Management
- DNR Capital
- Eureka Funds Management
- Franklin Templeton Investments
- HarbourVest Partners LLC
- IFM Investors
- Industry Super Property Trust
- Infrastructure Capital Group
- Insight Investment
- Intermede Investment Partners
- Janus Henderson Investors
- Lexington Partners
- LGT Capital Partners
- Loomis Sayles
- ME Bank Pty Ltd
- MFS Investment Management
- Neuberger Berman
- Nikko Asset Management
- Northcape Capital
- Orbis Investment Management
- Pantheon Ventures Ltd
- Perpetual Investment Management
- Siguler Guff & Company
- Tactical Global Management
- Wellington Management Company