TWUSUPER team



TWUSUPER is a not-for-profit Industry Super Fund 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.
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Executive Management team
Position
Name
Chief Executive Officer
Francis Sandy
Chief Financial Officer
John Arnott
Chief Investment Officer
Edward Smith
Chief Governance Officer
Thomas Jarosz
Chief Operating Officer
Matthew Licheri
Manager, Trustee Services
Luigi Coia
Chief Human Resources Officer
Susan Lowe
Chief Information Security Officer
Christopher Claessen
Chief Communications and Engagement Officer
Tamsin Beale
Chief Growth and Advocacy Officer
Matthew Rocks
The Trustee has a documented process for evaluating the performance of the executive team. These evaluations are carried out annually by the Chief Executive Officer or, in the case of the Chief Executive Officer, the Board.
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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 Super Members Council of Australia (SMC) as providing the best governance model for Australian Industry Super Funds.
- 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.
Independent Chairman
Nick Sherry
Employee Directors
Employer Directors
Richard Olsen
Peter Anderson
Michael Kaine
Michelle Harwood
Timothy Dawson
Gary Mahon
Sam McIntosh
Laurie D’Apice
Nick McIntosh (Alternate)
Campbell Dumesny (Alternate)
Emily McMillan (Alternate) Board attendance records for the last 7 years and details of former Directors are included in the Board attendance records section below.
Performance evaluation
The Board has procedures for annually assessing the Board’s performance relative to its objectives and the performance of its Directors. Annual assessment of performance includes:
- review of performance against the Trustee’s strategic objectives
- assessment of the Board and Directors in line with the Fit and Proper Policy and the Appointment and Renewal Policy
- adherence to the Trustee’s governance framework.
Summary of procedures
The Board may conduct the annual performance review with the assistance of an external consultant. Its overall aim is to identify any issues relating to the Board’s operation that might prevent or hinder it from carrying out its functions. It involves Director surveys and/or interviews and a review of records relating to Directors’ adherence to Fund policies. The results of these are analysed to assess perceived strengths and development areas for the Board as a whole. A report of the assessment is considered by the Board and action plans are developed and implemented, as necessary, and monitored by the Board at each meeting.
Assessment of the competency of the Board and its individual Directors is conducted annually by the Trustee Secretariat under the Fit and Proper Policy. The fitness of a Director to continue in office is also reviewed at the end of each term, having regard to time already served on the Board, fitness and propriety and other factors.
Where a Director is found not to be fit and proper or other grounds for removal apply under the company constitution, the Trustee will take all reasonable steps to ensure that the person does not continue as a Director. In the case of a Director failing only to meet training requirements, the Board through its Audit, Risk and Compliance Committee will first attempt to assist the Director to meet those requirements.
Related documents
- Conflicts management policy
- Directors Code of Conduct
- Director remuneration
- Director qualifications and experience
- Rules of appointment
- Relevant duties register
- Relevant interests register
- Board collective skills, experience and diversity
Committees
- Audit, Risk and Compliance
- Communications and Marketing
- Complaints and Appeals
- Investment
- Operations and Remuneration
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Board attendance records
The table below shows the board meetings attended by TWUSUPER Directors in the last 7 years.
Financial year 2017/18 2018/19 2019/20 2020/21 2021/22 2022/23 2023/24 No. of board meetings 6 6 7 7 7 6 6 Director Attendance Current Directors Peter Anderson 6 6 6 7 7 6 6 Laurie D'Apice9 N/A N/A N/A 1 5 5 5 Tim Dawson19 5 6 7 7 6 6 5 Michelle Harwood10 4 6 7 7 7 6 6 Michael Kaine14 3 5 4 4 6 5 5 Gary Mahon11 4 4 6 5 6 4 3 Richard Olsen12 5 4 6 6 7 6 5 Nicholas Sherry13 N/A N/A N/A N/A 1 6 6 Campbell Dumesny (Alternate)15 N/A N/A N/A 3 7 6 6 Nick McIntosh (Alternate)16 N/A N/A 6 6 5 5 5 Michael McNess (Alternate)17 N/A N/A N/A N/A 1 5 4 Ian Smith (Alternate)18 6 4 4 5 6 4 2 Mem Suleyman20 N/A N/A N/A N/A N/A N/A 1 Former Directors David Galbally AM QC8 4 5 6 6 4 N/A N/A John Berger1 5 6 7 6 7 2 N/A Paul Ryan (Alternate)2 3 5 6 7 6 3 N/A Peter Biagini3 6 5 7 6 N/A N/A N/A Hugh McMaster4 5 6 7 2 N/A N/A N/A Tony Sheldon5 5 3 N/A N/A N/A N/A N/A Dennis Sutton6 5 N/A N/A N/A N/A N/A N/A Robin Phillips (Alternate)7 1 N/A N/A N/A N/A N/A N/A Notes
1 John Berger Resigned as a Director on 30/09/2022.
2 Paul Ryan Resigned as Alternate Director on 02/12/2022.
3 Peter Biagini Resigned as Director on 24/05/2021.
4 Hugh McMaster Resigned as a Director on 31/03/2021.
5 Tony Sheldon Resigned as a Director on 11/04/2019.
6 Dennis Sutton Resigned as Director on 23/07/2018.
7 Robin Phillips Resigned as a Director on 10/08/2017.
8 David Galbally Ceased as an Independent Director and Chairman of the Board on 01/05/2022.
9 Laurie D’Apice Commenced as Director on 03/06/2021.
10 Michelle Harwood Alternate Director 07/12/2017 to 02/08/2018. Director since 02/08/2018.
11 Gary Mahon Director since 01/12/2016.
12 Richard Olsen Commenced as Director on 22/09/2016.
13 Nicholas Sherry Commenced as an Independent Director and Chairman of the Board on 01/05/2022.
14 Michael Kaine Alternate Director 19/04/2007 to 06/06/2019. Director since 06/06/2019.
15 Campbell Dumesny Commenced as Alternate Director on 03/06/2021.
16 Nick McIntosh Commenced as Alternate Director on 06/06/2019.
17 Michael McNess Resigned as a Director on 11/04/2024.
18 Ian Smith Resigned as an Alternate Director on 03/05/2024.
19 Tim Dawson Alternate Director on 26/06/2014 to 03/06/2021. Director since 03/06/2021.
20 Mem Suleyman Resigned as a Director 03/09/2024. -
Trustee service providers
The Trustee engages the following third-party providers in the management of TWUSUPER.
Material providers
Function
Provider
ABN
Administrator
Mercer Outsourcing (Australia) Pty Ltd
32 005 315 917
Custodian and investment
administrator servicesBNP Paribas Securities Services
87 149 440 291
Internal auditor
PricewaterhouseCoopers 52 780 433 757 Key providers
Function
Provider
External auditor and tax adviser
Ernst & Young
Actuary
Mercer (Australia) Pty Ltd
Financial advice provider
Industry Fund Services Ltd
Investment adviser
JANA Investment Advisers
Investment managers
See investment managers below
IT managed services
Armada Solutions
Legal adviser
Sparke Helmore Lawyers
Group life and income protection insurer
TAL Life Limited (was CommInsure until 27 May 2017)
Trustee liability insurer
Aon Risk Services Australia Limited
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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.