Executive appointments

Clime chair assumes investment role Clime

- John Abernethy, Tim Anderson, Adam Quaife & Adam Smith

Investment Management's John Abernethyº¹ will assume an operational role to lead the investment team.

Abernethy will become director of investments and remain chair of the company. Meanwhile, Leo Economides carries on as chief investment officer, a role he was appointed to last August to replace Will Rigall.

What has been clear, Clime managing director Michael Baragwanath said in a quarterly release, is that following Abernethy's decision in 2018 to step back from an operational role "a disconnect emerged between the company's investment philosophy and John's vision."

"To execute the next phase of Clime's strategy, we need our strongest investment thinking embedded directly into portfolio construction, asset allocation, and direct client engagement," he said.

Founding Clime Group in 1995, Abernethy was appointed chair in April 2021 after the exit of Neil Schafer.

Mercer Super hires from TelstraSuper

Mercer Super has hired Tim Andersonº2 as chief product and customer engagement officer, reporting to chief executive Claire Ross.

Anderson joins TelstraSuper, where he led the customer experience unit covering personal, corporate and retirement services.

The new appointment sees him reunite with TelstraSuper's investment chief Graeme Miller, who was appointed chief investment officer at Mercer Super just under a year ago.

Anderson previously spent nearly three years at AustralianSuper managing accumulation product strategy, and eight years at UniSuper in a similar capacity.

The Mercer Super chief executive said: "I'm delighted Tim has joined the team; he has enormous experience that will drive our work in delivering better retirement experiences and outcomes for our members, especially in the moments that matter."

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