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Patricia Lindenboim

Cbus grows investment team

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Construction and building industry superannuation fund Cbus has announced three new hires to the investment team across its Sydney and Melbourne offices.

NAB head of portfolio management credit cards and personal loans Patricia Lindenboim has been appointed to the Sydney-based position of head of strategy and investment innovation, and will work with the investment team in strategy development, according to a statement.

Ms Lindenboim has gathered both domestic and international experience in strategy development and financial services from her roles at NAB, where she has worked for over nine years, and also has experience at Macquarie Group, AT Kearney and McKinsey & Co.

Joining Ms Lindenboim is Elizabeth Weston and Sanjay Magotra, who have been appointed to the roles of head of legal and governance, and portfolio manager, equities, respectively.

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Until recently, Ms Weston, whose experience in asset management spans the UK and Australia, was general counsel at River and Mercantile Group, and will be based in Melbourne for the newly created role.

Mr Magotra joins Cbus from his role of portfolio manager at Integrity Investment Management with experience as an equities analyst and portfolio manager in the US and Australia, reporting to head of equities Kiran Singh on his responsibilities in company and sector research.

Cbus chief investment officer Kristian Fok said the fund was pleased to have the three new appointees join the team.

“They’re three high calibre individuals who bring an extensive range of experience to Cbus across their individual areas and will add significant value to our existing team,” Mr Fok said.

All three commenced in their respective roles at different points of November.