Former Goldman Sachs JB Were CEO joins Challenger

22 April 2013
| By Staff |
image
image
expand image

Challenger has appointed Michael Clarke as its general manager, institutional business development and strategic alliances.

Clarke — who was most recently Russell Investments' managing director, institutional — will be tasked with driving Challenger's domestic and international institutional growth strategy across the annuities business, as well as the Fidante Partners boutique funds management business.

Challenger currently has institutional relationships and alliances with QSuper, Bendigo and Adelaide Bank, Mercer, Australian Super and HESTA.

Before his role at Russell, Clark was director, international for AMP Capital Investors and, before that, was chief executive of Goldman Sachs JB Were Asset Management.

"We're absolutely delighted to have secured someone with Michael's deep industry knowledge and investment experience," Challenger chief executive of distribution, product and marketing Paul Rogan said.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

11 months ago
Kevin Gorman

Super director remuneration ...

11 months 1 week ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

11 months 1 week ago

Jim Chalmers has defended changes to the Future Fund’s mandate, referring to himself as a “big supporter” of the sovereign wealth fund, amid fierce opposition from the Co...

1 day 17 hours ago

Demand from institutional investors was the main driver of growth in Australia’s responsible investment (RI) market in 2023, as the industry continued to gain momentum....

1 day 17 hours ago

In a new review of the country’s largest fund, a research house says it’s well placed to deliver attractive returns despite challenges....

1 day 18 hours ago