HESTA has appointed Dianne Sandoval as Head of Portfolio Design.
Sandoval joins from the Public Investment Fund in Saudi Arabia, where she was leading the Markets, Asset Classes, and Portfolio Strategy Team.
At HESTA, she will be responsible for leading the research and asset allocation processes to enhance the probability of achieving investment objectives, oversee the rebalancing and currency overlays, portfolio risk management, and evaluating portfolio performance.
Before joining PIF, Ms Sandoval spent more than 12 years in a range of senior positions across asset allocation and strategy, private equity, and high yield/investment grade credit at America’s largest public pension fund, CalPERS.
During her career, Ms Sandoval has also held positions at investment teams at Morgan Stanley, JP Morgan, and GE Capital.
Her appointment is effective from October 2, 2023.
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