IFM Investors has appointed Lournarda David to the newly created position, chief operations officer (COO).
David joins IFM Investors from Sunsuper, where she was the chief investment operations officer.
Prior to Sunsuper, David was a worldwide partner at Mercer Investment Consulting and a vice president at State Street.
IFM Investors Chief Executive, Brett Himbury, said David had amassed significant experience in over 30 years in financial services with an emphasis on placing clients at the centre of operations.
“Her knowledge and depth of experience embracing all facets of operations including investment reporting and analytics, operational due diligence, risk management and governance will be a significant asset to our growing global business,” he said.
Himbury said the role of COO was created to further support the development of the business and incorporate middle office, performance and attribution, IT, data management, and program management.
“We aspire to be the world’s most trusted institutional fund manager, with a differentiated investor-owned model and culture, which allows us to focus on maximising investor returns. In order to do so, we need to continue to invest in our people as our greatest asset,” he said.
David would commence her role in April.
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.
Allianz Retire+ has announced major leadership changes with the appointment of a new CEO and distribution heads to help expand its presence across the institutional channel.