The board of one of Australia’s largest industry funds has appointed a trio of new members to its investment committee, including the former Australia CEO of Pendal Group.
Michael Bargholz CFA, Professor Deep Kapur, and Anne Anderson will all join Rest’s investment committee.
“The appointment of three eminent investment experts to the Board Investment Committee is part of the overall redesign of the investment governance structure, which complements the recent appointment of Mr Andrew Lill as Rest’s Chief Investment Officer,” said chair Ken Marshman.
Mr Bargholz was CEO of Pendal Group from 2016 to 2018. He has also held the role of Fidelity’s managing director for Australia, and CEO and managing director for global investment firm Alliance Bernstein.
Professor Kapur is a professor of practice with the Monash Business School, and has more than 28 years’ experience in the investment industry in senior roles, including Asia-based managing director positions with Salomon Smith Barney, Citigroup Global Markets, and Daiwa Capital Markets.
Ms Anderson was most recently managing director and head of fixed income and investment solutions Australia at UBS. She joined UBS in 1993 and has held several leadership positions, including as a fixed income and multi-asset investor, and running the investment businesses in Australia and the APAC region.
The appointments follow the departure of John Nolan after 30 years’ service as a member of Rest’s investment committee.
“I wish to thank Mr Nolan for his enormous contribution over many years as a key member of the Investment Committee,” Mr Marshman said.