Former Media Super CIO joins Foresters Financial

18 May 2023
| By Rhea Nath |
image
image image
expand image

Foresters Financial has announced the appointment of Michael McQueen as chief investment officer.

He had previously been with Media Super as CIO for over two years, and oversaw the transfer of members’ retirement savings through a successful merger with Cbus in April 2022. 

Prior to this, he was head of investment strategy at LUCRF Super (now a part of AustralianSuper) and acting CIO at Kinetic Super during its merger with Sunsuper (now known as Australian Retirement Trust).

His résumé would also include experience as an equities dealer and analyst for companies like Goldman Sachs, ANZ Banking, and ANZ Trustees.

“We are simply delighted that Michael has joined our business as we continue to deepen and strengthen our relationships with our referral partners, investors and their families, over multiple generations,” said Foresters Financial chief executive Emma Sakellaris.

“As a firm we are heading into a period of substantial growth, with several exciting announcements in the coming months, so the addition of Michael comes at a pivotal and opportune time.”

Commenting on his appointment, McQueen said: “Foresters Financial has an incredible story and legacy as one of the oldest and purest investment bond managers in the market, so the decision to join and play a role in its future success was easy to make.

“I am excited by what the next stage holds for Foresters Financial as the market and regulatory changes allow for further growth and expansion.”

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. ...

1 year 3 months ago
Kevin Gorman

Super director remuneration ...

1 year 3 months 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 ...

1 year 3 months ago

Trump’s tariff blitz has shaken global markets, fuelling uncertainty over trade retaliation, recession and economic fallout – while Australia, though bruised, escapes rel...

25 minutes 44 seconds ago

Shadow treasurer Angus Taylor has vowed to slash red tape and introduce a suite of financial services reforms aimed at transforming Australia into a leading financial hub...

1 day ago

Deglobalisation is emerging as a major driver of infrastructure debt opportunities as regions onshore vital industries, a superannuation fund-owned manager has said....

1 day ago

TOP PERFORMING FUNDS