Australia’s VicSuper Names CIO

Andrew Howard will assume leadership of the $13 billion fund later this month.

vicsuper cio andrew howardVicSuper has appointed Andrew Howard as CIO following the retirement of Oscar Fabian earlier this year.

Howard, who will be responsible for leading investment strategy and portfolio management at the A$17 billion (US$13 billion) super fund, had previously served as CIO at boutique manager Pacific Current Group (formerly Treasury Group). His background includes roles at Mercer, where he led the Asia Pacific asset management business, and Frontier Advisors.

“I am really excited to be joining such a highly regarded fund and look forward to working closely with the executive and the board in continuing to deliver positive outcomes for members,” Howard said.

His predecessor, Fabian, departed the fund in August after six years as investment chief. At the time of his retirement, CEO Michael Dundon said Fabian had been “instrumental in enhancing the fund’s investment model and performance.”

“This appointment allows us to continue to execute on our growth strategy and deliver long-term value for our members,” Dundon said. “Andrew brings a unique set of skills allowing us to continue to grow the portfolio and develop investment strategies to enhance the fund’s retirement income solutions.”

Howard will take over as CIO on November 23.

Related: Australia’s VicSuper CIO to Retire