NSW-based electricity industry fund, Energy Industry Super Scheme (EISS) has appointed a new chief investment officer.
The fund announced this week that former Suncorp Group executive manager, investments, Ross Etherington had been appointed to the CIO role.
Confirming the appointment, EISS chief executive, Alex Hutchison said Etherington brought with him extensive investment and superannuation industry expertise and would lead the fund's investment team to ensure that members were well placed for the future.
EISS had been recruiting for a new CIO following the departure of Matt Olsen earlier this year. Olsen has subsequently been appointed as a chief executive at Lonsec Research.
The $340 billion fund has welcomed three senior investment executives to its London office as it continues to internalise the management of international equities, its single largest asset allocation.
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.