Cbus Super has promoted Ros McKay as head of responsible investment.
She joined Cbus four years ago as head of stewardship and policy in the responsible investment team.
Her role would be to lead the evolution of the fund’s ‘total portfolio’ approach to managing environmental, social and governance (ESG) investment risks and opportunities, including embedding the ongoing goals in Cbus’ Climate Roadmap aimed at safeguarding members’ savings from climate-related risks.
McKay had 20 years of responsible investment experience and was a member of the Australian Sustainable Finance Institute (ASFI) Taxonomy Steering Committee and the AICD’s 30% Club Investor working group.
Cbus chief investment officer, Kristian Fok, said: “Ros will bring her extensive experience and collaborative style to oversee the advancement of our responsible investing strategy and priorities.
“The strength of Cbus’ internal responsible investment team reiterates the importance of building internal capability and expertise so that ESG remains an integrated part of the investment decision-making process, with our members benefiting from new opportunities and innovations. Our commitment to managing these opportunities and risks has never been more important.”
The super fund has appointed Queensland director and super fund executive Brendan O’Farrell to its board as part of its ongoing governance renewal.
The $205 billion super fund has appointed Simon Warner as chief investment officer (CIO) following a global search to replace outgoing Damian Graham.
Industry super fund Rest has appointed an interim head of private markets following the exit of Simon Esposito.
Two former Statewide Super executives have been acquitted of dishonesty charges following a trial in the District Court of South Australia.