HESTA appoints head of investment execution

HESTA bnp paribas

23 July 2019
| By Chris Dastoor |
image
image
expand image

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.”

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

1 month 3 weeks ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

2 months ago

Interesting. Would be good to know the details of the StrategyOne deal....

2 months ago

SuperRatings has shared the median estimated return for balanced superannuation funds for the calendar year 2024, finding the year achieved “strong and consistent positiv...

2 weeks 2 days ago

Original bidder Bain Capital, which saw its first offer rejected in December, has returned with a revised bid for Insignia Financial....

1 week 2 days ago

The FAAA has secured CSLR-related documents under the FOI process, after an extended four-month wait, which show little analysis was done on how the scheme’s cost would a...

1 week ago

TOP PERFORMING FUNDS