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 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.