Equip Super and Catholic Super name joint CIO

Equip Super and Catholic Super have jointly announced the appointment of Anna Shelley as chief investment officer of both funds. The two organisations are joining forces to create one of Australia's largest not-for-profit superannuation funds.

Shelley's appointment follows last week's announcement that Scott Cameron, the former chief executive of Computershare in Australia and New Zealand, would head both funds as CEO of the joint venture when it begins operating in October. The opportunity to appoint a CIO was brought forward following the resignation of Equip's current CIO, Troy Rieck, the funds' said.

In welcoming Shelly, who is already the CIO of Catholic Super, Equip Super chair Andrew Fairley said: "This CIO appointment is an opportunity to align the two funds from an investment perspective and strongly position us for further growth. It brings greater business continuity and enhances our capacity to continue to deliver for members, with scope for additional expansion."

Peter Haysey, acting chair of Catholic Super, said: "I'm delighted that Anna Shelley has been appointed as the joint CIO of both Catholic Super and Equip Super. Anna is an experienced leader with an extensive investment management and business strategy background and has been impressive during her time at Catholic Super."

He added: "Both investment teams have begun working extensively to bring together the two existing investment portfolios. We look forward to Anna leading the teams through the joint venture operating model as we prepare for a full merger".

Shelley was appointed CIO of the $10 billion Catholic Super fund in April 2018. Before that, she was general manager, product and strategy at Perpetual and was previously the head of investment product at MLC Investment Management, where she was responsible for developing NAB's MySuper strategy.