State Super welcomes back investment professional to board

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News 27 April 2020

SYDNEY, 24 April 2020

Ms Lisbeth Rasmussen has been announced as the newest director on the SAS Trustee Corporation Board (State Super).

State Supers Chair Mr Nicholas Johnson said:

“Lisbeth Rasmussen is an outstanding investment industry professional. She has been appointed after an extensive search and competitive selection process in which I was closely involved. I am confident that her proven skills will help State Super maintain its superior investment performance and leading Member service standards even in today’s highly challenging Superannuation environment.”

Ms Rasmussen is a senior investment professional who brings to the board more than 30 years’ experience in managing large, complex funds. During this period Ms Rasmussen has held numerous senior roles including as: CIO, Deputy CIO, Head of Strategy, Investment Manager, and Group Economist in Europe and Australia.

For much of her career, Ms Rasmussen worked with State Super or its predecessors, before retiring as CIO in 2016, and was instrumental in establishing the principles that underpin the portfolios. State Super’s CEO John Livanas said “Having worked with Lisbeth for over 5 years at State Super, I have the utmost respect for her investments talent, her wonderful humanity and am grateful she has now chosen State Super to pursue her career as a Trustee Director. Her depth of skills, knowledge and curiosity will help guide State Super in this complex environment. Lisbeth’s exemplary ethos in philosophy of investments and in supporting people will further reinforce our strong culture from the top”.

Lisbeth sits as CIO for the Coal Mining Industry (Long Service Leave Funding) Corporation. She is also a former Director of Equipsuper and Togethr Trustees, which was formed following the joint venture between Equipsuper and Catholic Super.

Ms Rasmussen has an economics degree from the University of Copenhagen and a M.Sc. from the University of Bath in Development Studies and is a graduate of the Australian Institute of Company Directors.

On her new role, Ms Rasmussen said:

I feel very privileged to join the Board of State Super. My new role gives me an opportunity to use my experience of investment markets and knowledge of State Super to serve our members and stakeholders to the best of my ability. “

SAS Trustee Corporation

Ms Rasmussen commenced her four-year term in March 2020.

For more information, please contact:

Nada Siratkov, General Manager, Member Engagement
M: 0408 922 800 P: 02 9238 5928 E: nada_siratkov@statesuper.nsw.gov.au