LGIAsuper appoints new CEO

Queensland based super fund, LGIAsuper, has announced the appointment of Kate Farrar as its new chief executive officer, effective 16 April 2018.

Farrar has 25 years' experience in senior leadership roles, most recently as senior implementation leader at McKinsey & Company. Prior to this, she was managing director of QEnergy and also held senior positions at Barclays and Suncorp.

Former LGIAsuper CEO, David Todd, will continue in his role as chief investment officer, a position he has held alongside the CEO role since 2006.

Commenting on Farrar's appointment, chair of the $11 billion fund, John Smith, said: "Kate joins us at an exciting time in our fund's history. With Kate leading the next stage of our growth, we expect to see a continued focus on innovation, while maintaining our commitment to improving the lives of our members in retirement."

Smith thanked Todd for his contribution as CEO, stating that Todd "steered the fund through the GFC, oversaw the successful merger with City Super and was instrumental to [the] transition to a public offer fund in 2017."