LGIASuper appoints CIO from Equip

LGIAsuper has announced the appointment of Troy Rieck as the $13 billion, Brisbane-based fund's new chief investment officer (CIO), effective September 2019.

Rieck previously worked for the Queensland Investment Corporation (QIC) and Suncorp Investments and, most recently, served as the executive manager of investments at $15 billion super fund Equip.

Commenting on his experience, LGIAsuper CEO Kate Farrar said: "Mr Rieck is a highly skilled and innovative CIO, with considerable experience running investments for a large super fund. In his previous role at Equip Super his key achievements included lowering risk, producing significant cost savings and increasing returns for members."

Of his new role, Rieck said: "I know LGIAsuper's members well. My father was a member, my brother is a member and Queensland is my home. I am keen to get back to my roots and explain our investment strategy to members."

Rieck replaces retiring CIO David Todd, who is departing the fund after 15 years' service.