Suncorp/Tyndall Investment Management has promoted Roger Bridges to head of fixed income following the departure of Peter Scobie to QIC.
Bridges was head of bonds at Tyndall before the company merged with Suncorp in March 2007.
The firm has also hired an additional two people to the fixed income business.
Darren Langer has been appointed to the newly created job as head of portfolio management. Langer worked previously at Perpetual as a senior portfolio manager.
Ileria Chan has also returned to the group as a senior credit analyst following a one-year stint with BT Investment Management as a credit analyst.
Suncorp/Tyndall managing director Brett Himbury signalled there will be more hires in the pipeline as the group plans to add products to its fixed income business.
"We are interested in re-energising our fixed income business. We are looking to develop the team and that includes more appointments," Himbury said.
The firm is still looking to set up an Australian equities team following the departure of the Suncorp equities team in November 2007.
"At this stage we have had encouraging conversations with some groups," he said.
Suncorp/Tyndall now manages $12 billion in fixed income assets.
