Sunsuper has continued to fit out its executive team, appointing Justine Hickey to its investment committee.
Hickey brings 20 years industry experience to the fund as a non-executive director of Australian Ethical Investment and a director on the trustee board of Rio Tinto Staff Superannuation. She is also a member of Dalton Nicol Reid’s investment committee.
Sunsuper chief executive Tony Lally said Hickey’s broad experience across investment, financial markets, superannuation and corporate governance would be a welcome addition to the team.
“The purpose of the Sunsuper Investment Committee is to review, monitor and advise the board on the fund’s investment activities, with particular responsibility for investment management and performance, policy-setting, administration and compliance,” Lally said.
“Continued strong growth in Sunsuper’s assets gives us greater capacity to meet the dynamic challenges presented by the markets, and Hickey’s extensive career in investment management will prove invaluable as we move forward with plans to expand the fund’s portfolio.”
Lally said Hickey’s experience would complement the pool of talent Sunsuper already had.
Earlier this month, Sunsuper appointed three new senior product managers to its team, while the month before it hired two new business development managers.
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.