State Super appoints CIO

21 January 2021
| By Chris Dastoor |
image
image
expand image

State Super has appointed Charles Wu as its new chief investment officer (CIO), where he will be part of the executive leadership team and the management investment committee.

Previously the deputy CIO and general manager defined contribution investments, he joined State Super in 2015.

He had also recently been appointed president of CFA Societies, Sydney, late last year.

Reporting to him will be Keri Pratt, newly-appointed to the role of general manager defined benefits assets and liabilities; Sarah Gallard, senior manager responsible investment; and Jonathan Chung, senior manager portfolio risk and general manager defined contribution investments.

John Livanas, State Super chief executive, said: “During his time with State Super, Charles has made a significant contribution to our investment performance in an extremely challenging environment, resulting in State Super's growth and balanced funds consistently being in the top quartile on a risk adjusted basis.

“Charles’ approach to risk management has allowed State Super to successfully navigate the impact of the COVID-19 pandemic on capital markets.

“With Gary Gabriel’s departure, Charles is now ready to step up to the ultimate investment leadership role as CIO.”

Charles moved to State Super in 2015 in the role of head of asset allocation and risk; In 2017, he was appointed deputy CIO and general manager of asset allocation.

Prior to that, he was investment manager at Media Super.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

1 year ago
Kevin Gorman

Super director remuneration ...

1 year ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

1 year ago

Super funds had a “tremendous month” in November, according to new data....

3 days 11 hours ago

Australia faces a decade of deficits, with the sum of deficits over the next four years expected to overshoot forecasts by $21.8 billion....

3 days 17 hours ago

It seems the government is still determined to push through its controversial super tax legislation, according to its Tax Expenditures and Insights Statement released tod...

4 days 7 hours ago