APRA hires from AustralianSuper

A portfolio manager in the nation's largest superannuation fund has taken a leadership role at the prudential regulator.

APRA confirmed to Financial Standard the appointment of AustralianSuper senior portfolio manager Mark Ferguson as head of investment risk.

Ferguson joins the prudential regulator after more than five years at AustralianSuper, where he oversaw currency as a senior portfolio manager.

Before joining the $169 billion industry fund, the new APRA head of investment risk enjoyed a two-year stint at QBE Insurance in investment risk optimisation, after spending more than a year at Qantas Super as a manager in its investments operations.

Previously, Ferguson was associate director of QIC's global tactical asset allocation strategy during a five-year spell at the investment manager which also saw him head up its passive currency and exposure management trading desk.

He joined QIC after more than seven years at Perpetual Investments, where he was head of asset allocation and currency.

Ferguson's appointment comes after long-time APRA head of investment risk Craig Roodt left the regulator in December last year to head up Deloitte's investment and wealth advisory arm.

His departure from AustralianSuper is less than a fortnight after the fund hired former Victorian Funds Management Corporation chief investment officer Justin Pascoe as a senior portfolio manager, equities strategy and portfolio construction. Pascoe's new role sees him report to the fund's head of equities Innes McKeand.

Read more: APRAAustralianSuperQICCraig RoodtDeloitteInnes McKeandJustin PascoeMark FergusonQantas SuperVFMC
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