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.”
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.
Bravura CEO Andrew Russell has announced he will be stepping down from the company, just under two years after his appointment.
The $16 billion fund has teamed up with a retirement income product specialist to give its members more confidence to spend in retirement.
The super fund-owned institutional investment manager has appointed an internal candidate as its next head of operations.