IFM Investors has appointed Nicholas Hyde as director, business development for the Australian and Asian markets.
IFM Investors chief executive, Brett Himbury, said Hyde's role would include developing the industry superannuation fund investment services provider's business in these markets and managing relationships for IFM Investors.
Global head of investor relations, Brian Clarke, said Hyde would cover all IFM asset classes of infrastructure, debt investments, listed equities, and private capital.
"We are delighted to have Nicholas on board as he brings well-developed leadership skills and deep and extensive experience gained in Australia, New York and London," Clarke said.
Hyde has previously worked at Deutsche Bank in Sydney and London, HSBC Markets in Sydney, Citigroup Global Markets in New York and London, and J.P. Morgan Securities in New York.
His most recent role was at Wellington Market in Sydney.
Hyde would be based in Sydney for his role at IFM Investors and would report to Clarke.
The two funds have announced the signing of a non-binding MOU to explore a potential merger.
The board must shift its focus from managing inflation to stimulating the economy with the trimmed mean inflation figure edging closer to the 2.5 per cent target, economists have said.
ASIC chair Joe Longo says superannuation trustees must do more to protect members from misconduct and high-risk schemes.
Super fund mergers are rising, but poor planning during successor fund transfers has left members and employers exposed to serious risks.