Sunsuper’s CIO retires

Sunsuper's long-serving chief investment officer, David Hartley, is stepping down after a 34-year career in the investment industry, and 10 years at the fund.

Chief executive, Scott Hartley, said David expanded the fund's focus to new asset classes and new ways of investing, always with a dedicated focus on performance, strong control over risks, and clear commitment to its members.

"His experience, enquiring mind, lateral thinking, and attention to detail has helped Sunsuper to meet challenging investment objectives across a variety of different investment environments," Scott said.

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David said Sunsuper has seen impressive growth over the last 10 years and is well positioned to be a powerhouse in the Australian superannuation and retirement industry.

"Although I am retiring from Sunsuper, I am not retiring from the investment industry, in fact I am not sure that I will ever be fully retired," David said.

"Following a short break and some holiday travel, I expect I will look for opportunities in which I can make use of the investment expertise that I have built up over my career."

A recruitment process for David's replacement has commenced and includes consideration of a number of internal candidates.

Over the last 10 years assets managed on behalf of Sunsuper's members has grown from $6 billion to $34 billion, and the investment team operating under David's leadership has expanded from two to 21.

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