NAB Asset Management announced Jim Lamborn as the new chief executive of JANA Investment Advisers yesterday.
Mr Lamborn, who joined JANA in 2002, has been promoted in to the position following the departure of former JANA boss Ian Patrick.
Mr Patrick has been appointed as the new chief investment officer of Sunsuper after a 20-year career at JANA.
NAB Asset Management executive general manager Garry Mulcahy said Mr Lamborn's business experience would allow JANA to "continue to deliver outstanding outcomes for [its] clients".
Mr Mulcahy also thanked Mr Patrick for his time at JANA, having led the business since 2008.
"[Mr Patrick] is very well respected throughout the industry for his deep intellect, critical thinking and sense of equity and fair play. His relentless client focus has been the key to his success and I’d like to thank him and wish him the best with his next endeavour," he said.
Mr Patrick will be based in Sunsuper's Sydney office, where he will be joined by portfolio manager for asset allocation Andrew Fisher who will rejoin Sunsuper after a short stint at NZ Super Fund.
AMP names incoming chief risk officer
Antares Equities hires new director
Former AFA CEO appointed to boutique board
Busting common passive investing myths
The long-term case for real estate
Shining a light on investment options