IAG Asset Management Limited has appointed John Stratton to the position of chief investment officer, replacing David Dixon, who recently took over as general manager of investments at Colonial First State.
Mr Stratton's previous role was as Director of Fixed Income at Alliance Capital where he spent four years. In addition, he headed up Alliance's operations in Melbourne, being responsible for overall investment management and operations.
At Alliance, Mr Stratton was responsible for a team of approximately 45 people and assets under management of some $14 billion. Prior to Alliance, he worked for both Mercury Asset Management and the National Australia Bank.
"John will bring an effective and positive leadership style to the role of chief investment officer of IAG Asset Management," IAG said in a statement.
Mr Stratton will take up his new position from Monday 25 August.