VicSuper CIO to invest in life after work
Former State Super Financial Services and current VicSuper chief investment officer, Oscar Fabian, has announced he will retire after a finance career that has spanned more than 30 years. Fabian, a senior fellow of FINSIA and board director with Regnan, oversaw and evolved VicSuper's investment philosophy and strategy, and implemented a major restructure of its investment portfolio to a core and satellite model.
VicSuper chief executive, Michael Dundon, said that Fabian's commitment to the organisation, including the establishment of an investment committee, had left the company in good stead.
"He has been instrumental in enhancing the fund's investment model and performance," Dundon said.
"I would like to thank Oscar for all he's achieved... [we are] now better placed to deliver consistent, long-term returns for our members.'
VicSuper will now commence the recruitment process to replace Fabien, who will be seeking non-executive directorships and will spend his retirement enjoying farming work and caring for his grandchild.
AUTHOR
Hope William-Smith
Recommended for you
The financial services technology firm has officially launched its digital advice and education solution for superannuation funds and other industry players.
The ETF provider has flagged a number of developments as it formally enters the superannuation space through a major acquisition.
While all MySuper products successfully passed the latest performance test, trustee-directed products encountered difficulties.
Iress has appointed Insignia Financial’s former general manager of master trust and insurance products as its newest CEO of superannuation, who will take over from Paul Giles.
