Colonial First State has appointed Adrian Fortescue as its head of insurance, which commenced on 1 March.
Fortescue joined from Munich Re Australia and had over 20 years of financial services and health management experience.
CFS head of superannuation, Kylie Turner said: “CFS plays an important role for members who hold insurance through their superannuation accounts.
“Last year we supported over 1,400 members paying out $179 million in insurance benefits to support individuals and families in their time of need.”
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.