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Highlights
- Aware Super begins search for new CIO as Damian Graham plans retirement
- Graham to lead global operations from London
- Move aligns with Aware Super’s long-term international investment strategy
Aware Super, one of Australia’s largest superannuation funds, is preparing for a significant leadership change as its long-serving Chief Investment Officer (CIO), Damian Graham, prepares to step down. Managing nearly $190 billion in assets, the fund is now actively seeking a new CIO to continue its mission of delivering strong outcomes for its members.
After serving close to 12 years as CIO, Graham announced his decision to eventually retire, prompting the fund to initiate a structured succession plan. Rather than stepping away immediately, Graham will take on a new strategic role to bolster the fund’s global presence. He is set to relocate to London where he will head Aware Super’s international investments, succeeding Damien Webb, who will return to Australia later this year.
The move is seen as part of a broader strategy to amplify the fund’s international footprint and enhance performance in overseas markets. “We are absolutely delighted that Damian will stay with the fund and has accepted this role as head of international to lead our global activities based out of London,” said Deanne Stewart, the fund’s chief executive. She highlighted that this transition is in line with Aware Super’s global asset owner ambitions.
Graham expressed both pride in his contributions to the fund and enthusiasm about his upcoming responsibilities. “I am excited and invigorated by the opportunity to continue with the fund and lead our global operations,” he shared, emphasizing his commitment to supporting the fund’s long-term growth strategy.
Aware Super’s evolution comes amid a dynamic investment landscape where superannuation funds are increasingly looking offshore for growth and diversification opportunities. As one of the significant institutional players, the fund’s strategic realignment could have ripple effects across the broader market.
Investors keeping an eye on the broader market landscape may also be interested in current trends among ASX dividend stocks, which continue to attract attention amid volatility. Additionally, Aware Super’s international pivot arrives during a time when the ASX200 is facing its own set of macroeconomic pressures, making global diversification a more compelling path.
As the fund continues its transformation, the appointment of a new CIO will be closely watched for its impact on future investment direction. With Graham’s expertise still guiding its international strategy, Aware Super appears well-positioned for its next phase of growth.
