Industry superannuation fund Equip has appointed Andrew Howard as chief investment officer (CIO) of the fund and Catholic Super, commencing in November.
Howard had over 25 years of experience in the investment industry and was currently deputy CIO of Hostplus and prior to that was CIO at VicSuper.
Equip chief executive, Scott Cameron, said Howard’s experience would help deliver long-term value for members while it continued to execute its growth strategy.
“Andrew brings considerable knowledge and skills, and his strong understanding of responsible investment will be a great asset to our fund and our Equip and Catholic Super members,” Cameron said.
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.
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.