ART appoints new risk heads

Australian Retirement Trust has promoted two risk specialists to more senior roles.

The $240 billion super fund has promoted Nick Horn to head of investment risk and Bridget Piggott to head of risk.

Horn will report to Anne Browne as the chief risk officer while Piggott reports to Dianna Orbell, general manager for risk and assurance.

Browne said the new roles are part of changes in the risk and compliance team structure.

"These are internal appointments and the changes are designed to make it simpler for the risk and compliance team to deliver outcomes across ART," she added.

Horn was promoted from senior manager of investment risk and compliance - a position he has held for just one year at ART crossing from Sunsuper after two funds merged.

Earlier, he worked at Suncorp for four years, most recently as the executive manager of market and financial risk analytics.

Horn joined Suncorp from QIC where he spent six years in risk & compliance.

He started his career on the dealing desk as a derivatives trader in London.

Bridget Piggott will report to Dianna Orbell as the general manager of risk and assurance.

She was promoted from senior risk manager a role she had at both ART and QSuper for eleven years before the merger of the two super funds.

Last month, Kate Griffin ART's divisional risk manager of investments left the risk team to join Rest.

The fund recently made a major leadership change.

Damian Lillicrap, ART's head of strategy for the QSuper portfolios, has left the fund following the appointment of Andrew Fisher as head of the investment strategy for both the super savings and QSuper portfolios.

Moreover, ART is currently searching for a new chief of retirement and a chief member officer.