Former Goldman Sachs JB Were CEO joins Challenger

22 April 2013
| By Staff |
image
image
expand image

Challenger has appointed Michael Clarke as its general manager, institutional business development and strategic alliances.

Clarke — who was most recently Russell Investments' managing director, institutional — will be tasked with driving Challenger's domestic and international institutional growth strategy across the annuities business, as well as the Fidante Partners boutique funds management business.

Challenger currently has institutional relationships and alliances with QSuper, Bendigo and Adelaide Bank, Mercer, Australian Super and HESTA.

Before his role at Russell, Clark was director, international for AMP Capital Investors and, before that, was chief executive of Goldman Sachs JB Were Asset Management.

"We're absolutely delighted to have secured someone with Michael's deep industry knowledge and investment experience," Challenger chief executive of distribution, product and marketing Paul Rogan said.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

1 year 4 months ago
Kevin Gorman

Super director remuneration ...

1 year 4 months ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

1 year 4 months ago

A major super fund has defended its use of private markets in a submission to ASIC, asserting that appropriate governance and information-sharing practices are present in...

2 days 14 hours ago

A member body representing some prominent wealth managers is concerned super funds’ dominance is sidelining small companies in capital markets....

3 days 12 hours ago

While the latest quarterly CPI print exceeded expectations, most economists still anticipate a rate cut, especially amid growing downside risks to global growth stemming ...

3 days 12 hours ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND