MELBOURNE, AUSTRALIA, 28 September, 2021 - Catholic Super has appointed Matthew Cassin as a member of its Trustee Board.
With 25 years of experience within the banking and finance industry, including executive level roles at the Catholic Development Fund and Commonwealth Bank of Australia, Mr Cassin will bring a unique blend of financial services expertise and long-standing affinity with the Catholic sector to the role.
As the current CEO of the Catholic Development Fund, Mr Cassin has worked since 2015 to pool the savings of the Catholic community to help build and grow Catholic schools, parishes, hospitals, aged care and welfare facilities.
Catholic Super Chair Danny Casey said, “I am pleased to announce Matthew Cassin’s appointment to the Trustee Board. His decades of experience in the financial services sector will support Catholic Super’s plans to achieve scalable growth”.
Catholic Super is part of Equip, a profit to member fund which has a 2025 target of growing funds under management (FUM) to $50B and its membership base to 300,000. At time of writing, Equip’s FUM sits at $30B, with a member base of approximately 140,000 members including over 68,000 members of Catholic Super.
"Matthew’s insights and longevity of working within the finance sector will be pivotal as we explore continued joint venture opportunities, mergers and acquisitions,” said Mr Casey.
Mr Cassin’s appointment to the board closely follows Catholic Super’s recent “pass” result in the Australian Prudential Regulation Authority (APRA) superannuation Performance Test. The strong result is partly attributable to Catholic Super’s investment fee decreases of up to 20% for members which came into effect in July 2021.
The investment fee decrease coincided with Catholic Super’s brand refresh, which went live in July this year, celebrating the fund’s 50-year lifespan and ability to maintain among the highest member satisfaction rates across industry super funds.
The APRA performance result is the latest in a string of positive announcements recognising Catholic Super’s commitment and performance, which this year secured an ‘Outstanding Value’ award for a superannuation fund by Canstar for the third year in a row.
Speaking on his appointment, Mr Cassin said, “I look forward to joining the members of Catholic Super’s Trustee Board to drive continuous improvement throughout the organisation in response to member and community needs.”
“My focus will be helping support the fund’s growth trajectory, and working closely with my colleagues and board members to exceed key performance indicators while supporting the executive team.”
Throughout his professional career, Mr Cassin has developed strong expertise in fund administration, investment management, strategic development and risk management. He holds a Master of Business Administration and a Bachelor of Commerce.
Alongside formal qualifications in business and financial services, Mr Cassin’s current studies underpin his strong connection to the Catholic community of Australia. He is currently enrolled at the Australian Catholic University where he is undertaking a Graduate Certificate in Catholic Leadership and Culture.
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