IFM Investors names new board chair
Global institutional funds manager, IFM Investors has announced the appointment of Greg Combet of its board.
The appointment followed the retirement of current chair of IFM investors Garry Weaven as well as Linda Ruben stein and Murray Bleach and would be effective from the start of the new year.
Additionally, IFM Investors also announced the appointments of other new board member which included Alison Larsson, Grant Dempsey, Cath Bowtell and John Denton.
After all these changes the board would comprise eight member who, according to the firm, would command a broad range of skills and acumen.
“IFM Investors is a unique fund manager owned by all profit-to-members Australian superannuation funds. Its core purpose is to deliver superior net investment returns to members of superannuation and pension funds and like-minded institutional investors around the world,” Combet said.
“My aim as Chair is to continue the journey that Garry started and to build IFM Investors’ standing as a long-term investor, aligned to investor objectives, while respecting labour rights and its environmental and social responsibilities.”
IFM Investors currently manages assets of A$113 billion, across multiple asset classes, and has continued its global expansion by engaging with pension funds and like-minded institutional investors in North America, the UK, Europe, Asia and Middle East.
Recommended for you
The UK-based global asset manager has formed a new group executive committee to accelerate its growth strategy following the commencement of its new CEO this month.
Momentum Media has announced 26 winners across 10 individual and 15 group categories for its brand-new Australian AI Awards.
The financial services industry is currently “overwhelmed with quality and quantity of candidates”, Kaizen Recruitment explains, leading executives to face 12-month long recruitment processes.
Zenith Investment Partners has appointed an experienced research executive as its new group head of research following the departure of Bronwen Moncrieff.