Nik Kemp has been appointed to the newly created role of executive general manager of growth markets at Dexus.
He has been tasked with supporting the sectors in which Dexus is actively building scale and capability, including infrastructure, alternative investments, and healthcare.
The fund manager’s Australasian portfolio of real estate and infrastructure assets is currently valued at some $57.1 billion.
Kemp makes the move from AustralianSuper, which he first joined in 2013, and spent over six years as head of infrastructure.
He went on to be global head of real assets following the fund’s decision to combine its infrastructure and property portfolios under the banner of real assets in October 2023.
At the time, the fund said the decision came in recognition of the increasingly close relationship of infrastructure and property, alongside the need to drive global economies of scale and an aim to capitalise on complementary expertise across the real assets value chain.
He was also one of the co-founders of Melbourne-based Capella Capital, serving as director for almost four years.
Kemp is currently a non-executive director on the boards of WestConnex and Sydney Airport.
Alongside Kemp’s appointment, Dexus welcomed Marjan van der Burg as its latest chief people officer, who joined from Macquarie Group.
“Nik and Marjam will join the Dexus Executive Committee, supporting our focus on leadership in real assets and driving investment performance,” said Ross Du Vernet, Dexus Group CEO and managing director.
The executive also confirmed the departure of Dexus’ funds management CEO Deborah Coakley.
“Deborah has had a successful career at Dexus, most recently playing an important role in the growth of Dexus’ funds management business, and the diversification of the investor base,” Du Vernet said.
“I would like to thank Deborah for her significant contribution and wish her all the best for the future.”
The fund has announced the departure of a second senior executive in as many months, with its chief member officer to finish up mid-December.
The $89 billion fund has announced a new leadership role within its private markets team.
The industry fund has added a new executive to its team.
The fund’s inaugural chief retirement officer is looking to establish a new venture.