Lisa Gray, CEO of Victorian Funds Management Corporation (VFMC), today announced the appointment of Russell Clarke as Chief Investment Officer (CIO) and Sally Collins as Chief Operating Officer (COO) for VFMC.
Russell is currently the Global CIO (Mainstream Assets) and CIO (Pacific) for Mercer. He has overall responsibility for investing $185B across diversified asset classes for over 200 funds. He has a strong track record in delivering consistent outperformance through thoughtful strategic portfolio management. He is Chair of Mercer’s Global Strategic Research Committee and has extensive experience leading investment teams, working with client boards and is a highly sought after industry commentator. In addition to his current CIO roles at Mercer, Russell has held prior investment roles with Mercer as well as UniSuper and County Investment Management.
Sally brings broad financial services experience across investment operations, business performance, risk management and transformation. Her more recent roles have been as Chief Operating Officer for MLC’s Wealth business and NAB’s Business Bank where Sally led multiple functions to deliver improvements across customer experience, investment processes, data and analytics, and technology-enabled transformation. Prior to NAB, Sally was at CBA, Colonial First State and AXA in senior leadership roles in distribution, investment operations, business improvement and HR.
Lisa said “One of VFMC’s great strengths is the depth and breadth of its team. Our clients have been delighted with the continued strong investment returns and Russell and Sally will only add to that momentum.”
Sally and Russell will commence in their new roles at VFMC on 15 May 2017. Andrew Elliott will continue as Acting CIO until that time. “The Board and management team have enjoyed working with Andrew in this broader capacity and thank him for his leadership during the transition,” said Lisa.
For more information contact:
Victorian Funds Management Corporation
Ms Lisa Gray
Chief Executive Officer
(03) 9207 2900