Rest Super has appointed David Duncan as head of transformation, operational risk and governance on the investments team.
Duncan’s appointment follows the appointment of Andrew Lill as Rest Super’s first chief investment officer in August 2020.
Duncan joined from his previous role as director of financial services consulting at PwC and had over a decade of management experience in risk consulting and investment advice at KPMG and Macquarie Group. Duncan started his career at Ord Minnett as an advisor assistant.
For about the last 13 years, Duncan had worked part time as a captain in the Australian Army.
A spokesperson from Rest said the super fund would utilise his extensive experience working with Australia’s largest superannuation funds and financial services institutions.
The spokesperson said his appointment would “support Rest’s continued transformation of its investment operating model and technology platforms”.
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.