HESTA appoints head of investment execution
Industry superannuation fund HESTA has announced the appointment of Gerard Brown as the fund’s head of investment execution, commencing 29 July.
In the newly created role, he would take over leading the investment execution function from Rob Fowler who was moving into semi-retirement.
Brown had over 30 years’ experience in the industry having led large scale cross-functional global operating teams.
He had been responsible for transformational projects including redesigning investment operating models and executing complex technology solutions.
Before joining HESTA, he had worked at BNP Paribas as programme director and had held executive positions in the investment industry and funds management sector.
Sonya Sawtell-Rickson, HESTA chief investment officer (CIO), said Brown would be reporting directly to her as a member of the HESTA senior leadership team.
“Gerard will be responsible for designing and implementing a fit-for-purpose investment operating platform and framework, with a strong focus on building our internal asset management capability,” Sawtell-Rickson said.
“We’re looking at significant system implementations in the coming years. This role focuses on supporting effective investment execution of the Fund’s current and future multi-asset class investment management activities.”
AUTHOR
Chris Dastoor
Recommended for you
Zenith Investment Partners has welcomed a BDM focusing on adviser solutions in a series of appointments, while two asset managers have also confirmed new hires.
AMP non-executive director Kathleen Bailey-Lord and Iress non-executive director Susan Forrester have been appointed to the national board of the Australian Institute of Company Directors.
Wealth manager JBWere has announced the launch of two fixed income strategies for wholesale clients, backed by UBS Asset Management.
Firetrail Investments has confirmed the departure of four executives over the last quarter, including head of investment strategy Anthony Doyle.
