NEWS

Australia’s Cbus Super Appoints Responsible Investment Head

Cbus Super, which manages AU$73.5 billion (US$49 billion) in assets, has appointed Ros McKay as head of responsible investment and a member of the investment leadership team.

“Ros will lead the evolution of the fund’s ‘total portfolio’ approach to managing environmental, social and governance (ESG) investment risks and opportunities,” Cbus said in a statement. “This includes embedding the ongoing goals in Cbus’ climate roadmap aimed at safeguarding members’ savings from climate-related risks and ongoing uplift in integration, stewardship and communication of our approach.”

McKay, who joined Cbus’s responsible investment team four years ago as head of stewardship and policy, has held similar roles in corporate Australia and at pensions regulators in the country and in the U.K.

Cbus’ chief investment officer, Kristian Fok, said: “Ros will bring her extensive experience and collaborative style to oversee the advancement of our responsible investing strategy and priorities.

“The strength of Cbus’ internal responsible investment team reiterates the importance of building internal capability and expertise so that ESG remains an integrated part of the investment decision-making process, with our members benefiting from new opportunities and innovations.”

Cbus recently announced the appointment of Anne Moal as its first head of direct debt and illiquid credit.