LAME Mechanical Luke Murray has been elected by Group D members to the Qantas Superannuation Limited Board.
Almost 320 Group D members voted in the election, with Luke winning ahead of fellow candidate, Andrew Svoboda.
The position became available after long-standing incumbent director, Kash Gillies, decided against standing for re-election when his term expired in October.
Board Chair, Anne Ward, congratulated Luke on his election win. “I look forward to working with Luke and welcome his experience and knowledge to further develop Qantas Super for the benefit of its 32,000 members.”
Luke will attend the next Board meeting, scheduled for 4 December 2017. He holds a Master of Commerce – Financial Planning from Griffith University and a Bachelor of Business (Accountancy) with Distinction from Queensland University of Technology. He also serves as the Assistant Federal Secretary of the Australian Licensed Aircraft Engineers Association (ALAEA).
The election was held between 2 October to 20 October 2017, with 318 votes cast.
Anne thanked Kash for his long and active commitment to the members of Qantas Super. “Kash has been our longest serving director, and he has helped Qantas Super evolve significantly during his time as a director,” she said. “Kash was a keen advocate of change to help strengthen Qantas Super’s products and services for members, and his deep knowledge of super made him a valuable contributor to all discussions. On behalf of the Board, I wish Kash well with all his future endeavours, and we will miss him at our meetings.”
Group D consists of Licensed Aircraft Maintenance Engineers, Transport Workers, Technical Salaried Employees, Airline Officers’ Award Levels 1 to 4 and Nurses.
There are 10 Directors on the QSL Board – five are elected by members, and five are appointed by Qantas Airways Ltd.
Qantas Super is one of the largest corporate superannuation funds in Australia. It was set up in 1939 for the benefit of members, and over time has evolved to accommodate their distinct needs as aviation employees. Qantas Super manages about $7 billion and is run entirely for the benefit of its 32,000 members. The Trustee Board is made up of both member-elected and company-appointed directors, and all directors act in the collective interests of all Qantas Super members.
CEO Michael Clancy said, “We strongly believe in the value of this governance structure, and it has enabled Qantas Super to provide members with competitive investment returns, valuable insurance benefits, and financial advice options, as current and former employees of the Qantas Group.”