Queensland-based LGIAsuper has announced the appointment of Kate Farrar as its new chief executive, the fund said.
She would replace in this role David Todd who would continue as the company’s chief investment officer, a position he held since 2006.
Farrar, who has 25 years of experience in senior leadership roles to the fund, joined from McKinsey & Company where she served as an implementation leader.
The fund’s chair, John Smith, said that this appointment followed an extensive executive search.
“Kate joins us at an exciting time in our fund’s history,” he said.
“With Kate leading the next stage of our growth, we expect to see a continued focus on innovation, while maintaining our commitment to improving the lives of our members in retirement.”
Two former Statewide Super executives have been acquitted of dishonesty charges following a trial in the District Court of South Australia.
Allianz Retire+ has announced major leadership changes with the appointment of a new CEO and distribution heads to help expand its presence across the institutional channel.
Australian Ethical has named its new head of equities, who previously spent 12 years at Perpetual.
The country’s sovereign wealth fund has unveiled a flurry of changes to its leadership team, including the appointment of a key executive role.