Christian Super has appointed Mark Rider as its new chief investment officer (CIO), succeeding Tom Macready.
Rider had over 30 years’ experience, starting with the Reserve Bank of Australia where he spent 10 years in various roles, including as an economist, and as head of economic activity and forecasting.
He later joined UBS Investment Bank and UBS Global Asset Management, where he spent 16 years in roles that included Australian chief economist, institutional account manager, equity strategist and head of investment strategy.
He had spent the previous seven years with ANZ wealth and private banking, where he had been head of investment strategy and CIO.
Macready would be moving to specialist impact investment firm Brightlight, located in Sydney.
Ross Piper, Christian Super chief executive, said Rider’s appointment as Christian Super’s new CIO was a significant milestone for the fund.
“Mark is a highly qualified and experienced investment leader, and his appointment will underpin Christian Super’s strong continued focus on maximizing outcomes for our members, and ensuring their money is invested in line with their values and beliefs,” Piper said.
The Albanese government has appointed Jim Craig as a member of the Future Fund Board of Guardians for a five‑year term.
The $100 billion fund has appointed a new deputy CIO from within.
The $149 billion fund has named new directors following the departure of three outgoing board members.
The Association of Superannuation Funds of Australia (ASFA) has announced changes to its structure, marking an “exciting phase of growth” for the organisation.