Former BlackRock exec to head Cbus

Former BlackRock senior executive, Justin Arter has been appointed as the new chief executive of building industry fund, Cbus.

Arter’s appointment was confirmed by Cbus chair, Steve Bracks today.

He succeeds David Atkin in the role.

“Justin Arter is an executive with a global reputation. Given the growing sophistication of Cbus’ investments and leading position in providing products and services to improve the retirement outcomes of our members, Mr Arter is well placed to build on our strong foundations to guide the next period of Cbus’ journey,” Bracks said in a statement.

Arter previously held senior roles at BlackRock including country head Australia and head of institutional client business for the UK, Middle East and Africa. Before that he led the Victorian Funds Management Corporation. Arter also spent nearly 20 years in a range of senior positions at Goldman Sachs JB Were. Most recently Mr Arter has consulted for major financial institutions.

Arter will take up his role in August.

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