The Australian Council of Superannuation Investors’ key governance advisor has abruptly left on the eve of annual shareholder meeting season, leading to disquiet among major retirement savings funds as the group’s chief executive refuses to explain the reason for his departure.
Known as ACSI, the organisation helps the country’s major superannuation funds – including AustralianSuper, HESTA, Hostplus, Aware Super and Cbus – decide how to vote on resolutions put to shareholders in ASX-listed companies. The body is chaired by IFM Investors’ head of external relations David Whiteley, while its long-time chief executive is Louise Davidson.
Gift articles to anyone you choose each month when you subscribe.
