Cbus Super has internally promoted Nancy Day as its chief operating officer, investments, to drive the internationalisation of the fund’s investment model.
Day had been the superannuation fund’s head of investment operations since August 2018 and had 20 years of experience in the funds management and super industries in operations, finance, risk management, and compliance.
“My focus will be on the ambitious investment model including the internalisation of a number of direct investment strategies to continue to drive down investment costs and maximise the retirement outcomes of our 770,000 members,” Day said.
“I’m delighted to be appointed to a strategic leadership role, working with our experienced team as we continue on our internalisation journey.”
Cbus recently announced a commitment of over $950 million to Australian businesses through equity raising, debt finance, and project financing to support the country’s economic recovery.
Prior to Cbus, Day led the operations, compliance, risk management and governance functions at JCP Investment Partners, an Australian equities fund manager.