Health industry super fund HESTA has appointed Kim Farrant as general manager responsible investment, commencing 12 July.
Farrant would report to Mary Delahunty, head of impact, and work within the investment management team to progress the fund’s responsible investment strategy and broader impact ambitions.
She was previously head of environmental, social and governance (ESG) and hospitality industry fund Hostplus, where she led its approach to responsible investment across all asset classes and was responsible for its Socially Responsible Investment Balanced Option.
She also previously worked at VicSuper as portfolio manager for responsible investments.
Before moving into the superannuation industry, she was a director in EY’s climate and sustainability team.
Farrant said she was excited to join HESTA’s leading responsible investment team and pleased to have the opportunity to collaborate with the broader HESTA team on innovative solutions that further embed impact within the investment approach.
“Rio Tinto’s destruction of the Juukan Gorge caves and the AMP sexual harassment scandal highlight the need for investors to manage environmental, social and governance issues appropriately to protect and enhance long-term value for super fund members,” Farrant said.
“HESTA has been a leader in responsible investing for many years and I’m looking forward to continuing this work, which will make a real difference to members’ financial futures.”
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.