Sunsuper has appointed the former chief investment officer at Vanguard to its investment team.
George U. Sauter led Vanguard's investment business from 2003 to 2012, when he announced his retirement. He joined the now-US$3 trillion asset manager in 1987 as head of the equity investment group, developed its trading systems and later oversaw Vanguard introducing its exchange-traded funds.
Sunsuper has further bolstered its investment team by appointing the former managing director of Treasury Group, Rodney Green, who was also chief investment officer at Perpetual Investments at Citicorp Global Asset Management.
Commenting on the new appointments, Sunsuper chief executive Scott Hartley said, "Both Mr Sauter and Mr Green's appointments represent a major coup for Sunsuper and are a step forward in our bid to make our investment committee one of the most experienced in the country.
"Our aim is to be industry-leading in terms of our investment capability and Mr Sauter and Mr Green's extensive experience across the global investment industry will be instrumental in terms of helping us to maximise opportunities to grow the portfolio on behalf of members.
"Their insight and judgement will prove invaluable as we continue to execute our strategy of investing in a broad range of asset classes, dynamic asset allocation, and pursuing innovative investment opportunities - all while maintaining a strong emphasis on governance and maximising members' returns."