UniSuper is yet to announce who will take over as chief investment officer following the departure of David St. John.
In the meantime, UniSuper chief executive Terry McCredden will step into the role until a new chief investment officer is appointed.
“Whilst regretting David’s departure, I am confident that UniSuper remains extremely well equipped to handle the challenging investment environment we are now facing with a sense of confidence and opportunity,” McCredden said.
St John will be leaving the fund on March 31, 2009, after eight years in the role.
Together with the investment committee, St John has led the fund’s investment arrangements and has introduced a number of industry initiatives, including the establishment of an in-house investment team, pioneering work in diversifying members’ funds into alternative asset sectors such as infrastructure, private equity and direct property, and industry leadership in socially responsible investment.
