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05 November 2025 by Adrian Suljanovic

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Corporate watchdog uncovers inconsistent practices in private credit funds

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Futureplus loses GM

  •  
By Christine St Anne
  •  
4 minute read

With no CEO or CIO the $13 billion Futureplus also loses its GM.

Futureplus general manager John Livanas has left Futureplus to head an industry superannuation fund.

Livanas has worked with Futureplus for over five years and has focused on product and marketing strategies for the group.

In February 2008, he will head industry superannuation fund, Australian Meat Industry Superannuation Trust. 

Futureplus has experienced staff reshuffles and resignations over the past two months.

 
 

In October chief executive Jim Thomas stepped down but remained with the group as general manager of the firm's $1 billion financial planning business.

In the same month, chief investment officer (CIO) Terry Newson resigned after nearly two years in the job.

Brad Storey was appointed as acting CIO for the organisation.

Futureplus chair Leo Kelly said an announcement of a new chief executive is expected shortly.

"The staff changes are just a minor hiccup. It's been a very tight labour market but we are already working to put the jigsaw back together," Kelly said.

The board is considering a range of internal and external candidates to fill the role left by Livanas.