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Investment Moves

Rest appoints interim co-CIOs

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The news: Superannuation fund Rest has appointed Simon Esposito and Kiran Singh as interim co-chief investment officers, following the departure of Andrew Lill.

The context: Esposito is the super fund’s head of private markets and deputy CIO while Singh is head of listed assets. The pair will share the responsibilities in addition to their current roles.

Esposito joined Rest in 2014 while Singh joined in 2021. The super fund said a search process to appoint a permanent CIO is underway.

Lill will depart the $86 billion fund in November to move on to a new opportunity.

What they said: Rest CEO Vicki Doyle said: “Simon and Kiran are highly skilled investment professionals and leaders with the experience to carry on the strong foundations Andrew has built within the team in service of our two million members".

“As well as their deep knowledge of investing across private and public markets, Simon and Kiran both have an in-depth understanding of Rest’s whole-of-fund investment approach and our member-centric investment portfolios," she said.

The source: Rest media release


By Jassmyn Goh