UniSuper has appointed Peter Warne as chair of its investment committee.
Warne was previously chair of Macquarie Bank for six years and director for 15 and and would join the board as an independent non-executive director.
His appointment followed the announcement that current chair, Ian Martin, would retire at the end of the year and be replaced by Mark Armour, who was the current investment committee chair.
Warne said: “I have always been impressed by UniSuper’s market-leading investment capabilities and value proposition it offers its members, and I am looking forward to contributing to the fund as an independent board member and Investment Committee chair.”
Martin said: “Peter is highly respected both in Australia and globally for his stellar business career, commercial acumen and values, and his personal touch. The UniSuper board is both delighted and honoured to welcome him as a director and chair of the Investment Committee.”
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.