AustralianSuper expands European footprint with new hire

AustralianSuper has appointed a head of treasury, Europe, which it said will bolster its capability in managing liquidity and delivering value for members.

Barbara Ginet will take on the role, joining from Citi where she was most recently managing director and markets treasurer leading the global markers business treasury build-out.

Ginet brings extensive experience across treasury, funding, liquidity, balance sheet management and markets, having held senior treasury roles at Citi, UBS, Nomura and Lehman Brothers, as well as fixed income front-office positions at Deutsche Bank, JPMorgan and Merrill Lynch.

Prior to Citi, Barbara spent eight years at UBS as managing director in a range of treasury roles, including global head of funding, EMEA, and investment bank treasurer.

During this time, Ginet reshaped the treasury operating model and delivered major liquidity, funding and capital optimisation initiatives, AustralianSuper said.

AustralianSuper acting head of investments, Europe, Joris Hillman said: "We are delighted to welcome Barbara to AustralianSuper and look forward to drawing on her depth of knowledge and experience as we continue to grow our global footprint."

This comes after AustralianSuper also appointed a new chief investment officer in May, with Shaun Mannuell set to take on the role effective July 1.

Manuell has led the fund's Australian equities team for 13 years, overseeing growth in internally managed equities from $1 billion to $100 billion for members.

AustralianSuper chief executive Paul Schroder said Manuell was the ideal candidate to lead the fund's global investment team.

"Following an extensive global search, I am pleased to announce Shaun as our next chief investment officer," Schroder said.

"Shaun has proven himself as an outstanding investor at scale over the long term and a great leader. He has a deep commitment to delivering for members who put their trust in us to grow and protect their retirement savings.

"Having worked closely with the directors of Australia's largest companies over many years, Shaun is known for his considered approach to representing the interests of members in Australia and globally."