ASB looks for a CIO

The Australian-owned bank’s investment business in New Zealand has launched a search for fresh top level talent to fill the role of Chief Investment Officer.

Tuesday, October 22nd 2024, 10:38AM

The advertised position is a re-labelling of an existing role according to the bank, but signals ASB’s desire to attract a highly-experienced candidate to lead its team responsible for $20 billion worth of funds.

ASB executive general manager for personal banking, Adam Boyd said the appointment of a CIO will build on the bank’s market position as one of New Zealand’s largest investment management providers.

“We’ve had interest from some incredibly high calibre applicants, and we’re excited to get someone into this role as soon as we can.”

The job of hiring the new leader has been outsourced to specialists HunterCampbell, with the recruiter looking for applications from “seasoned investment professionals with public markets portfolio management experience,” someone who has conviction in their ideas with obvious leadership credentials.

The job description sets out what will be expected of the new CIO, with responsibilities including being a driver of leading investment performance across all managed funds, collaborating with partners including BlackRock and maintaining a public profile.

Tags: ASB