Victor Rodriguez has been appointed to the role of chief executive, funds management, at investment management firm, Challenger.
Mr Rodriguez has served as Challenger’s head of fixed income since joining the firm in 2017. He will continue to lead its fixed income business to ensure business continuity until a new team structure has been finalised.
“Vic is a highly respected leader with considerable experience in funds management across both Australia and Asia,” commented Challenger MD and CEO Nick Hamilton.
“Since joining Challenger in 2017, he has led strong growth in our fixed income business, including the launch of a range of credit funds targeting the high-net wealth market, and growing Challenger’s third-party institutional client business.”
Prior to Challenger, Mr Rodriguez was the head of the Asia-Pacific fixed income at Aberdeen Asset Management based in Singapore between 2014 and 2017, where he led a team of more than 30 investment professionals.
He also previously led Aberdeen’s Australian fixed income business and held a variety of roles at Credit Suisse Asset Management over 13 years, including deputy head of fixed income.
Mr Rodriguez’s qualifications include a bachelor of economics from Sydney University and a graduate diploma in applied finance and investment from FINSIA.
“Our funds management business is one of the largest active asset managers in the country and I am delighted to have Vic join our leadership team, and help us pursue our strategy to broaden our customer and product reach,” said Mr Hamilton.
“I’d like to thank Michael Clarke for his leadership and value contribution as acting chief executive of the funds management business while a recruitment process was undertaken.”
In May, Challenger announced changes to its leadership team to coincide with plans to form a new customer-centric business.
Also in May, Challenger confirmed that it had entered into a strategic partnership with SimCorp to launch Australia’s first cloud-based front-to-back investment operations platform.
The platform will provide fully integrated investment administration services to Challenger, Fidante Partners and third-party clients.
Jon Bragg is a journalist for Momentum Media's Investor Daily, nestegg and ifa. He enjoys writing about a wide variety of financial topics and issues and exploring the many implications they have on all aspects of life.