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Cbus’ executives turn over but CFMEU directors are eternal

The rumours were true: acting chief risk officer Belinda Langdon did leave $90 billion fund in May. Hers follows a string of departures.

Nick BonyhadyTechnology writer

Aug 12, 2024 – 5.00am

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The CFMEU’s preferred superannuation fund, Cbus, has no trouble retaining its directors.

CFMEU representative Dave Noonan notched up a 15-year stretch from 2006 until December 2021, only to rejoin the board in April last year, with chairman Wayne Swan saying he was “one of the nation’s most accomplished super fund trustees”.

Nick Bonyhady is a technology writer for the Australian Financial Review, based in Sydney. He is a former technology editor, industrial relations and politics reporter at the Sydney Morning Herald and Age.