Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement
News
12 September 2025 by Maja Garaca Djurdjevic

When perception holds the power

Money, markets, even central banks – what really gives them power isn’t substance, it’s belief. Op-Ed That lesson plays out vividly in the Spanish ...
icon

Royalties deliver on diversification but scalability remains uncertain

As royalties investing reaches record highs overseas, market experts in Australia are divided on its potential

icon

Brighter Super scales membership through mergers and successor fund transfers

Brighter Super has expanded its footprint in the superannuation sector through a combination of mergers and successor ...

icon

Rising costs and data centres cast doubt on AI returns

Artificial intelligence continues to reshape global markets, driving significant investment flows while leaving tangible ...

icon

ART, UniSuper and Aware Super secure gold amid sector challenges

A ratings firm has placed more prominence on governance in its fund ratings, highlighting that it’s not just about how ...

icon

APAC family offices lean defensively in portfolio construction with higher cash allocations

Family offices in the Asia-Pacific have maintained higher cash levels than regional contemporaries, while global ...

VIEW ALL

HESTA achieves board gender balance

  •  
By Alice Uribe
  •  
3 minute read

HESTA has added three new board members and achieved gender balance on the board. 

HESTA Super Fund., the health and community services industry fund, has added three new directors to its board and achieved a board gender balance in the process.

New appointee Maree O'Halloran, who is the director of the Welfare Rights Centre in NSW and practices as a solicitor at the centre, was previously a director of the NSW State Super SAS Trustee Corporation from 2002 to 2009.

The second appointee is Australian Council of Trade Unions assistant secretary Tim Lyons. He was previously a trustee director on LUCRF Super's board and is a current director of the Union Education Foundation.

Australian Healthcare and Hospitals Association executive director Prue Power has also been appointed to the HESTA board.

 
 

Prior to taking up this position, Power was Australian Medical Association general heath and e-health director. She has served on several boards, including five years on the ACT Health Community Service Board.

"With the new appointees we now have very broad representation from across health and community services . I am pleased that we have also achieved gender balance on the board," HESTA chief executive Anne-Marie Corboy said.

Angela Emslie, a board member since 1994, has been appointed as the new chair. Australian Nursing Federation federal secretary Ged Kearney will take over the role of secretary.

HESTA has $15 billion in funds under management and 84 per cent of its members are women.