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flag HESTA CEO Debby Blakey is retiring after a decade leading the fund, amid criticism over a major system outage during a transition.

flag HESTA CEO Debby Blakey is retiring after over a decade leading the superannuation fund, stepping down to pursue broader board roles. flag Her departure follows a major system outage during a transition to a new provider, which disrupted member access to funds for months and drew criticism from regulators over risk management. flag Under her leadership, HESTA grew to over $100 billion in assets and expanded its focus on sustainable investing, gender equality, and member engagement. flag The board is now searching for a successor, with an announcement expected by July 2026.

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