HESTA CEO Blakey to Step Down From Australian Pension Fund

The chief executive officer of A$101 billion ($71 billion) Australian pension fund HESTA, Debby Blakey, said she will leave her role in the second half of this year after more than a decade in the top job.

Blakey has worked at the fund for more than 17 years and was appointed CEO in 2015. She now plans to focus on board roles, according to a statement Monday. A new CEO is expected to be announced by July, ahead of Blakey’s departure.