Matt Cameron has joined the fund as its new general manager of investment. Previously he has worked with Morgan Stanley and Bank of America Merrill Lynch in client and market-facing risk management roles.
Mr Cameron will join the fund’s risk and compliance team and will be held responsible for oversight of the risk management and governance framework related to the fund’s investment functions.
HESTA chief risk and compliance officer Andrew Major commented: “We are really excited to have an experienced risk professional with extensive global expertise join our risk team.
“Matt’s experience will really help us sharpen our focus on investment risk, and he will work closely with the investments team to enhance our approach to managing this critical risk area of the business.”
Meanwhile digital platform manager Katrina Waghorne has been promoted to general manager, digital. She will report to chief operating officer Stephen Reilly and will be responsible for leading the digital team.
Prior to joining HESTA, Ms Waghorn spent 17 years with the fund’s administrator, Link Group.
“Digital innovation and the seamless integration of technology platforms [are] key to ensuring we are continually enhancing the experience of our members and employers,” Mr Reilly said.
“Katrina brings deep superannuation knowledge and an intrinsic understanding of the technology that drives personalised experiences that are so vital to how we support HESTA members to achieve a better financial future.”
Callum Tod will be HESTA’s general manager of brand and acquisition, having previously been the general manager, digital, where he oversaw the fund’s launch of its new members’ online portal.
Mr Tod will report to chief experience officer Lisa Samuels, leading the strategy and planning for member acquisition and working to drive growth.
“Callum brings a proven track record of digital innovation and execution that will help [us accelerate] the ongoing development of our direct acquisition capability,” Ms Samuels said.
“This will underpin the continued strong growth of the fund, which delivers benefits of scale for all members.”
HESTA reported the appointments have continued its focus on digital innovation and building its data insights to deliver a seamless, personalised experience for members.
The fund is in the process of rolling out its multiyear, investment strategy to drive cost efficiencies and build capability to support long-term performance.
As part of the program, HESTA launched a new leadership structure for its investments team, with it aiming to internalise its Australian equities investment by next year, as well as cash and fixed interest asset classes later on.
Reflecting on his appointment, Mr Cameron commented: “Rigorous risk management, oversight and strong governance [are] crucial to navigating an increasingly complex investment landscape and supporting HESTA to achieve its ambitious plans for the investments team.”
Sarah Simpkins
Sarah Simpkins is a journalist at Momentum Media, reporting primarily on banking, financial services and wealth.
Prior to joining the team in 2018, Sarah worked in trade media and produced stories for a current affairs program on community radio.
You can contact her on [email protected].
