Having announced a new CEO, HESTA has also promoted internally for a deputy chief investment officer.
The fund has promoted Jeff Brunton to the position, which is a newly-created position for the fund, as well as his existing role as head of portfolio management which he has held at the $100 billion fund since July 2021.
Prior to joining HESTA, Brunton worked as deputy chief investment officer at AMP Life.
Brunton will work alongside HESTA’s chief investment officer, Sonya Sawtell-Rickson, who joined in 2017 from Queensland Investment Corporation.
His promotion comes as it announces ESSSuper chief executive, Robbie Campo, will take over from Debby Blakey as chief executive.
Blakey announced earlier this year that she will be stepping down as CEO after a decade with the $100 billion fund and Campo will take over from August.
Chair Nicola Roxon said: “Robbie brings extensive experience across executive and CEO roles, leading organisations, big and small, through complex regulatory, operational and investment environments to deliver better outcomes for members.
“Alongside our shared commitment to improving the financial futures of working people, particularly women, Robbie’s an inspiring leader who will bring fresh eyes and new energy to amplifying the positive impact HESTA has for generations of our members.”
As well as Blakey, Stephen Reilly will also step down in the first half of this year from his position as chief operating officer, a role he has held since 2015. This saw him assume responsibility for managing a broad portfolio spanning insurance, investment operations, digital technology, information security and strategy.
