Legalsuper has appointed Norman Zhang as its chief investment officer, who will commence the role on 2 March, 2020.
The fund’s chief executive, Andrew Proebstl, said Zhang had a strong affinity with the fund’s strategic positioning and organisational values.
“Norman’s proven capability and capacity were evident from his written application. However, it was the genuine passion he showed in our discussions for taking advantage of the unique opportunities available to smaller funds to identify and capitalise on innovative and niche investment approaches in ways larger funds can’t that set him apart,” Proebstl said.
Zhang had over 11 years of experience in financial services and was most recently CIO at Media Super. Prior to this he had experience across consulting with EY and investment consulting at Frontier Advisors.
The Association of Superannuation Funds of Australia (ASFA) has announced changes to its structure, marking an “exciting phase of growth” for the organisation.
The $74 billion fund has welcomed an experienced CIO to lead its investment strategy.
With the merger between Mine Super and TWUSuper in its late stages, the head of the soon-to-be combined fund is the latest to join ASFA’s board.
The fund has announced new additions to its trustee board.