At its meeting on Monday, the Board of United Super Pty Ltd (“Cbus”) approved the appointment of Wayne Swan as an Independent Director and Chair of the Cbus Board for a term of three years, effective 1 January 2022.
Mr Swan, who served as treasurer and deputy prime minister under Labor prime ministers Kevin Rudd and Julia Gillard between 2007 and 2013, takes over from former Victorian premier Steve Bracks.
Mr Bracks and Mr Swan will work together over coming months to transition Mr Swan into the Chair role.
It is important to note that, in accordance with the Articles of Association, the decision was for Cbus directors not shareholders.
Click here to see a full list of current Cbus directors.
Master Builders Victoria congratulates Mr Swan on his appointment to the Cbus Board.