The Board of the Australian Catholic Superannuation and Retirement Fund announced today that it has elected David Hutton, OAM, as its new Chairman, effective July 1.
Mr Hutton has been a member of the Board for the past five and a half years and chairs the Remuneration and Nominations Committee. He will take over from Richard Haddock, AO, who has been Chairman of the Board since July 2010 and a Director since July 2007. Mr Haddock completes his 12 year maximum term on the board in June.
Commenting on his appointment, Mr Hutton said:
“It is a great honour and privilege to be elected to lead Australian Catholic Superannuation, a fund with a proud 38-year track record of delivering strong returns to our members.
“Since its inception three decades ago, Australian Catholic Superannuation has grown significantly, to the point where we now have more than 90,000 members across Catholic schools, hospitals, human services and other organisations nationally.
“The next few years will be challenging, not just for our organisation but for the superannuation sector generally, given likely changes to the governance of funds as a result of the Hayne Royal Commission and other industry and government initiatives.
“With its ethical and professional approach to serving members and employers, I am confident Australian Catholic Superannuation is well placed to address these challenges.”
The retiring Chairman, Mr Haddock, said he was delighted that the work undertaken by the Board during his tenure would continue under Mr Hutton’s leadership.
“I would like to thank the Board, management and members of the fund for their support over the past 12 years. During this time we have helped many thousands of people to plan and save for their retirement,” he added.
Mr Hutton has extensive management experience having spent 28 years in senior roles at the Brisbane Catholic Education Office. He was Executive Director of Catholic Education in the Archdiocese of Brisbane for 14 years, until his resignation in 2013.
During his tenure, the Catholic education system in Brisbane grew to become the second largest in the country. At the time of his resignation, Mr Hutton’s responsibilities involved oversight of 137 schools, 11,000 staff, 70,000 students and a budget of approximately $700 million.
He has since been chair of several bodies including the Mary Aikenhead Education Advisory Council, the Australian Catholic University Queensland Chapter, the Jesuit Communications Board and the Toowoomba Catholic Schools Council.
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Brief Biography – David Hutton
David Hutton is experienced as an educator, education officer and senior administrator in state, religious institute and diocesan Catholic schools in Queensland and NSW.
He holds a Bachelor of Commerce, University of Queensland (accounting, economics, law), a Diploma in Education, University of Queensland (accounting and economics), a Bachelor of Education Studies (Postgraduate), University of Queensland and a Bachelor of Theology, Melbourne College of Divinity (philosophy, scripture, theology). He completed a Master of Educational Administration, University of New England, Armidale and is a Graduate, Australian Institute of Company Directors Course.
David is a Fellow of both the Australian Council for Educational Leaders and the Australian College of Educators. In June 2012, he was awarded the Order of Australia Medal for his services to Education in Queensland.