Commonwealth Bank (CBA) Group Super has announced acting chief investment officer (CIO) of the group’s employee superannuation fund, Ruwanie Dias, would remain in the role permanently, effective July 2018.
Dias, who succeeded long-standing CIO Gerard Parlevliet, joined CBA Group Super in 2014 as head of investment operations, and has previously worked at WorkCover NSW and Mercer.
In her role, Dias would work with the fund’s investment advisers and the board to produce sustainable, long-term returns and deliver outcomes for members.
CBA Group Super chief executive officer, Doug Carmichael, said Dias had effectively led the team and earned the respect of the board since taking over from Parlevliet.
“She is a seasoned investment professional with expertise across strategy and operations and over 12 years of experience operating at leadership level,” he said.
The super fund has appointed Queensland director and super fund executive Brendan O’Farrell to its board as part of its ongoing governance renewal.
The $205 billion super fund has appointed Simon Warner as chief investment officer (CIO) following a global search to replace outgoing Damian Graham.
Industry super fund Rest has appointed an interim head of private markets following the exit of Simon Esposito.
Two former Statewide Super executives have been acquitted of dishonesty charges following a trial in the District Court of South Australia.