AustralianSuper has named Damian Moloney as the fund's deputy CIO.
Moloney, based in AustralianSuper's London office, has for the past five years had direct responsibility for the build out of the European and U.S. offices, a key part of its global growth strategy. Moloney will continue to have responsibility for the fund's international offices as part of his new deputy CIO role, which also includes global responsibility for strategy and oversight for the investment group.
Mark Delaney, AustralianSuper CIO, said the appointment will ensure a focus on delivering the best possible returns for members in retirement by building a simpler and more agile investment team.
"With the fund forecast to grow from its current almost A$300 billion to more than A$500 billion [$200 billion to $330 billion] in member assets under management over the next four to five years, Damian's appointment as deputy CIO is an important step that positions us to deliver simplicity and quali
