25 November 2019
Media statement re: HESTA Director David Smith
HESTA extends its deepest condolences to the family and friends of HESTA Director David Smith, who passed away suddenly on Friday 22 November 2019.
HESTA CEO Debby Blakey said everyone at HESTA was shocked and saddened by the news and were thinking of those close to David and his colleagues at the Australian Services Union (ASU), where he was General Secretary.
“The HESTA team was profoundly saddened to learn of David’s sudden passing and we want to extend our deepest sympathies to his family and friends at this incredibly difficult time,” Ms Blakey said.
“David was an inspirational leader and advocate for both HESTA and ASU members and we feel incredibly privileged to have had the opportunity to work together to help deliver better outcomes for our members.”
“David brought to the HESTA Board a deep knowledge of the community services sector and experience drawn from more than 25 years passionately defending and advancing the rights of working Australians. He also had a broad knowledge and understanding of the superannuation industry. He will be deeply missed by all of us at HESTA.”
David was a passionate and committed HESTA Director who also served on the Fund’s Investment Committee.
HESTA Chair Nicola Roxon said that, since joining the HESTA Board, David had made a very strong contribution. He served as the Fund’s nominee to the board of infrastructure fund, Utilities of Australia Pty Ltd and as a director at the Australian Institute of Superannuation Trustees (AIST).
At AIST he was also a member of the Finance, Risk and Audit Committee and Chair of the Remuneration Committee. His contribution to the profit-to-member industry funds sector dates back to 2007, where he also served as a Fund Director of Energy Super.
“David’s passing is deeply saddening to all of his colleagues on the HESTA Board who greatly valued his wise and insightful counsel and guidance, which will be truly missed,” Ms Roxon said.
“David was widely recognised both in the superannuation industry and in the union movement as a passionate representative of working people. David shared a deep sense of social justice and commitment to working towards a fairer and more equitable Australia.”