Chief Investment Officer to retire from CSF

Catholic Super (CSF) has announced the retirement of its chief investment officer, Garrie Lette.

According to the fund, Lette oversees all aspects of the investment arrangements of CSF's $9 billion MyLife MyMoney Superannuation Master Trust which operates both Catholic Super and MyLife MySuper "as well as a financial planning company and a bank dedicated to the Master Trust's super members."

Commenting on Lette's retirement, CSF chief executive officer, Frank Pegan, said: "We're proud of what we have achieved at CSF with Garrie in his role; proving that consistently strong performance can be achieved while at the same time benefitting people, the planet and profits. Garrie will help to make it a smooth transition for our new CIO and be available into the future as a trusted adviser."

CSF chair, Danny Casey, added: "Garrie foreshadowed his departure some time ago and we have been planning the transition. We know we will attract a strong field of candidates."

CSF has begun the recruiting process for a new chief investment officer and expects to fill the position prior to Lette's departure later in the year.