Damien Webb, deputy chief investment officer at Aware Super, has been formally tasked with leading the super fund’s expansion into Europe and other offshore markets.
He was named head of international at the $150 billion fund in a major push for the fund’s investments functions.
As part of the role, he would be an ambassador for the fund’s ‘values and leadership capabilities’.
"Damien's appointment is a testament to his technical expertise, commitment to our Aware Super values, and demonstrated leadership qualities,” said Aware Super CIO Damian Graham.
He added that he was “delighted” to announce this “exciting growth opportunity” in a further move to deliver strong returns and competitive fees for the fund’s over 1.1 million members.
During the transition, Webb would continue in his current role as deputy CIO, one he has held since October 2021 to support Aware Super’s $250 billion five-year investment strategy.
From 2014 to 2021, he had served as head of income and real assets at the fund.
The fund has hired a former ART executive as its new head of group strategy.
The sovereign wealth fund has revealed six internal hires to support the execution of key strategies.
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.