Colonial First State has appointed Adrian Fortescue as its head of insurance, which commenced on 1 March.
Fortescue joined from Munich Re Australia and had over 20 years of financial services and health management experience.
CFS head of superannuation, Kylie Turner said: “CFS plays an important role for members who hold insurance through their superannuation accounts.
“Last year we supported over 1,400 members paying out $179 million in insurance benefits to support individuals and families in their time of need.”
Australian Ethical has named its new head of equities, who previously spent 12 years at Perpetual.
The country’s sovereign wealth fund has unveiled a flurry of changes to its leadership team, including the appointment of a key executive role.
With Damian Graham stepping into a new capacity within the $190 billion super fund ahead of his retirement, a global search is set to commence for his replacement.
Cbus has swiftly promoted Leigh Gavin to chief investment officer only months after naming him deputy, as the fund works towards growing in size and bringing its investment expertise in-house.