SYDNEY, 20 January 2021
State Super (SAS Trustee Corporation) recently announced the appointment of Charles Wu as their new Chief Investment Officer, effective 21 December 2020. Mr Wu was previously the Deputy CIO and GM Defined Contribution Investments and joined State Super in 2015.
On the appointment of Mr Wu, CEO of State Super John Livanas said:
“During his time with State Super, Charles has made a significant contribution to our investment performance in an extremely challenging environment, resulting in State Super's growth and balanced funds consistently being in the top quartile on a risk adjusted basis. Charles’ approach to risk management has allowed State Super to successfully navigate the impact of the COVID-19 pandemic on capital markets. With Gary Gabriel’s departure, Charles is now ready to step up to the ultimate investment leadership role as CIO.”
Charles will be part of State Super’s Executive Leadership team and the Management Investment Committee. Reporting to him will be Keri Pratt, newly appointed in the role of General Manager - Defined Benefits, Assets and Liabilities, Sarah Gallard as Senior Manager Responsible Investment, Jonathan Chung as Senior Manager Portfolio Risk and the General Manager Defined Contributions, a role that is now vacant with Charles’ appointment to CIO.
On his appointment to the CIO role, Charles commented:
“I look forward to continuing to deliver value for our members. It is exciting to take on these responsibilities in the midst of ongoing market challenges”.
Charles moved to State Super in 2015 in the role of Head of Asset Allocation and Risk. In 2017, he was appointed Deputy CIO and General Manager of Asset Allocation. Prior to that, Charles was Investment Manager at Media Super. He has also recently been appointed President of CFA Societies, Sydney.
For more information, please contact:
Nada Siratkov, General Manager, Member Engagement
P: +61 (0) 2 9238 5928
E: statesupermedia@statesuper.nsw.gov.au
State Super (SAS Trustee Corporation) manages superannuation and pension schemes for past and present NSW government and public sector employees. There are 96,180 members in the schemes (known as the Pooled Fund) which have assets totalling $42 Billion AUD as at 30 June 2020. State Super is located at 83 Clarence Street, Sydney, NSW, 2000. https://www.statesuper.nsw.gov.au/