Legalsuper welcomes new CIO

Paul Murray has been named chief investment officer at legalsuper, succeeding Norman Zhang who departed the fund in September last year.

He was previously at the Future Fund for two years, where he served as portfolio strategy director and then interim head of alternatives.

Murray spent over 16 years at the Victorian Funds Management Corporation, including three years as head of portfolio management.

His experience also spans six years as division director at Macquarie Group and two years as a senior analyst at the Reserve Bank of Australia.

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Murray joins legalsuper alongside Colin Adamson as new chief commercial officer and Alissa Knight in office of the chief executive and strategy.

Adamson makes the move from fintech Elula where he served as chief customer officer for the last year. His previous roles include head of group strategy at NAB and senior executive roles at AMP Australia, Commonwealth Bank, and Bank of Scotland.

Meanwhile, Knight comes with a strong background in legal and financial services. She was at AIA Australia for over 16 years, most recently leading the strategy, CEO office, and company secretarial teams. She has also practised within the insurance litigation group at MinterEllison, firstly as an articled clerk and then as a solicitor.

The three appointments complete legalsuper’s executive team that includes CEO Luke Symons; chief financial officer Michael Gogorosis; company secretary and executive manager, legal, risk, and compliance Kaye Wheatley-Brown; and executive manager, business enablement & risk John Robinson.

Symons said he was personally “very excited” about the next phase of growth for the fund.

“Paul, Colin and Alissa each represent best-in-market talent in their respective fields – all with exceptional professional credentials from organisations including the Future Fund, Macquarie Bank, the Reserve Bank, NAB, AIA, MinterEllison and VFMC – and are perfectly placed to help drive our strategic direction,” he said. 

“Importantly, in addition to their outstanding professional competencies, each of our new executive team members brings with them strong academic qualifications and personal values aligned with legalsuper’s innovation and growth agenda as the only super fund specialising in Australia’s legal sector.”

Additionally, he highlighted that the fund is in the process of actively developing its enhanced member proposition. 

“As the super sector continues to experience increased regulation, consolidation and competition, being able to effectively provide meaningful member services and benefits through a genuine, differentiated offer will deliver legalsuper true competitive advantage as Australia’s specialist fund for the legal profession,” Symons said.