HESTA has appointed former Queensland Investment Corporation (QIC) investment director Sonya Satwell-Rickson as its new chief investment officer.
Satwell-Rickson would oversee the super fund’s investment program which managed a global portfolio of assets just under $40 billion and would draw on past experience in both the funds management and superannuation sectors.
HESTA chief executive, Debby Blakey said: “Sonya brings outstanding investment experience and leadership across all aspects of portfolio management”.
“Her insights will help drive innovation and continuing excellence across the spectrum of our investment activities,” she said.
Satwell-Rickson has held various leadership positions at QIC since 2007, and formerly worked in investment and corporate finance at QSuper.
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.