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The Australian Institute of Superannuation Trustees (AIST) mourns the sudden loss of David Smith, a former AIST president for two years and a board director since 2014.
AIST President Catherine Bolger said David – who was also a HESTA board member, a previous board member of Energy Super and national secretary of the Australian Services Union - was a great contributor, not just to AIST, but the superannuation industry more broadly.
“The AIST board and management will always be grateful for his sage advice, his considered suggestions and his commitment to delivering the best outcomes for super fund members,” Ms Bolger said.
“He was always thinking about ways to improve super for low income workers, women, and other vulnerable groups and to steer AIST’s advocacy in that direction.”
AIST CEO Eva Scheerlinck said David was forward-thinking and helped champion AIST’s Governance Code and shape the boards of profit-to-member super funds as they are today.
“David was a staunch supporter of profit-to-member superannuation and the equal representation governance model. Everything decision he made was made through the lens of putting members’ interests first.”
David also played a key role in AIST’s Super Springboard program in 2013, nominating a number of talented ASU women for the program.
“He was a champion of gender equity on boards and proactively promoted and developed women into key roles,” Ms Scheerlinck said. “He was a true leader, a mentor and a friend and he will be missed dearly. Our thoughts are with his family, friends and colleagues.”
12 December 2019