The Victorian Funds Management Corporation (VFMC) has hired Peter Osborne to the newly created job as head of strategy.
Osborne previously worked at Merrill Lynch as chief economist and senior director. He has also worked for Invesco Australia as head of economics and investment research.
Osborne will report to VFMC chief investment officer and acting chief executive Justin Pascoe.
"Peter brings a wealth of experience to this role and his economic and strategic insights will enable us to continually improve the investment outcomes for our clients," Pascoe said.
The firm has undergone a number of recent staff changes.
In March chief executive Syd Bone announced his resignation after five years with the company. In the same month, UBS Global Asset Management chief John Fraser was appointed to the board following the departure of Mike Fitzpatrick.
