Hill promoted to CIO at QIC

QIC has promoted deputy state chief investment officer Allison Hill to the position of chief investment officer (CIO), where she will be responsible for managing the State Investments team and approximately $58 billion on behalf of Queensland.

Hill will replace Jim Christensen who is retiring after nearly five years with the fund.

"QIC State Investments is fortunate to have Allison, an investment professional of high calibre and experience, to manage the investments of the State," QIC chief executive officer, Damien Frawley, said.

"QIC's State Investments team continues to deliver numerous significant achievements, with the most recent being the establishment of the Queensland Future Fund. Queensland is looking forward to an era rich with opportunity, and under Allison's stewardship, will be guided towards a sustainable and secure future."

Hill joined QIC in 2018 as director of investments.