Spirit Super has hired Philip Naylor as general manager for investment strategy and deputy chief investment officer.
He was previously head of capital markets and asset allocation at Frontier Investments where he had worked since 2018.
Prior to this, he had an economic background including eight years at the Reserve Bank of Australia in Sydney and New York.
In his role at Spirit, he would provide thought leadership for the investment team and oversight of Spirit’s investment design including strategic asset allocation and portfolio risk.
Ross Barry, chief investment officer, said: “Spirit Super is committed to delivering great returns to our hard-working members and so we are delighted to have someone of Philip’s intellect and experience join our investment team.”
He would begin the role from 11 April 2023.
Meanwhile, Frontier had hired Alice Berriman from super fund HESTA to work as senior consultant within the firm’s capital markets and asset allocation team.
She previously spent four years at HESTA in the fund’s portfolio and risk team.
However, a spokesperson for Frontier noted Berriman was not a direct replacement for Naylor and that the firm was working to fill the vacancy.
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.