Third board reshuffle in six months sees Puli join Australian Ethical

Binaya Dahal

Editorial Intern, Financial Newswire

17 February 2026

Australian Ethical’s third board shake-up within six months will see veteran superannuation executive Mark Puli join the board of its superannuation business, as the fund seeks to tap on Puli’s experience in digital member services.

The leading investment manager has stated the appointment was a part of a broader board transition, following Fiona Reynolds’ elevation to chair in August 2025 and the retirement of Kate Greenhill from the board in November 2025.

Puli, who joined the board effective February 11, previously served as Chief Executive of emergency services industry fund ESSSuper from 2011 to 2022, where he was promoted to the top role two years after joining as Chief Financial Officer.

Following ESSSuper, he joined MLC Life Insurance, now operating as Ascenda, as its Chief Group Life Insurance Officer, and left the job in December 2025. 

Chair of the Board at Australian Ethical, Fiona Reynolds said the team was delighted to welcome Mark as his experience will be valuable to the board.

“Mark brings with him significant leadership experience in the superannuation and life insurance sectors, and he will be a real asset to the Board as we continue to improve our digital member services and lay further foundations for future growth,” Reynolds said.

“It is an exciting time to join our Board, and I know the management experience Mark brings with him from his roles at ESSSuper and MLC will further enhance the Board’s oversight of Australian Ethical Superannuation.” 

Upon appointment, Puli said he was excited to become Ethical’s superannuation board member, as the sector is of great importance for all. 

“Superannuation is critical for all Australians, helping them to live the life they want in retirement, and I’m excited to join the Board of the Australian Ethical Superannuation, enabling its members to feel good about how their money’s growing as well as how it is being invested,” he said.

Australian Ethical, which manages over $14 billion in funds across managed funds and superannuation, have been guided by the same Ethical Charter since 1986 which has shaped its investment approach.