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Australia’s Local Government Super names Claudia Bels as independent director

By Asia Asset Management  
January 16, 2020

Australia’s Local Government Super (LGS), which manages superannuation assets for current and former local government employees in the state of New South Wales, has named Claudia Bels as independent director.

Her appointment will “broaden the diversity, and strengthen specific skills” on the board, LGS says in a statement on January 14.

Ms. Bels holds positions in several private and public organisations, including chairman of the audit and risk committee of private health insurer CBHS Corporate Health, and independent director of Australia and New Zealand Recycling Platform.

According to LGS Chairman Kyle Loades, she brings “an impressive track record in law, finance and risk management as well as broad international commercial expertise”.

“She also has extensive experience in strategic leadership across a range of diverse issues including corporate turnarounds, cultural change and engagement with regulators,” Mr. Loades says in the statement.

Sydney-based LGS currently has A$12 billion (US$8.2 billion) of assets under management.