Rest is set to welcome a new chief investment officer (CIO) to succeed Andrew Lill.
Having joined in 2020 as the fund’s inaugural CIO, Lill is stepping down to explore other opportunities, Rest said.
“I want to recognise and thank Andrew for the work he has done to create a strong foundation for the investments team in alignment with Rest’s unique member profile,” said Rest CEO Vicki Doyle.
“His accomplishments include improved performance, strong team diversity and industry leadership in responsible investing.
“The impact of Andrew’s efforts will continue to serve Rest’s 2 million members as we move forward towards our strategic goals.”
Lill has over three decades of investment experience, having held leadership roles in the UK, Australia, and the US.
Prior to Rest, he was at Morningstar for over six and a half years, most recently as CIO for the Americas.
His résumé also includes four and a half years at AMP Capital and seven and a half years at Russell Investments.
Lill is expected to step down from Rest in November.
Announcing his departure, he said he is looking forward to spending time with family before commencing his next role.
“I am very grateful for this opportunity to be Rest’s first CIO, which has stretched me and challenged me in very positive ways,” Lill said.
“I am very proud of our team’s achievements in this time.”
The $86 billion fund will now begin a comprehensive search process for a new chief investment officer.
