Mercer appoints ex-Telstra Super CIO as CIO of Mercer Super
Mercer has appointed Graeme Miller to the newly created role of Chief Investment Officer (CIO) for Mercer Super.
In this role, Miller will be focused on Mercer Super’s investment options, including investment strategy design and the delivery of strong investment performance.
Miller joins Mercer Super from TelstraSuper, where he has held the role of CIO since 2016. He started his career at Mercer as an actuarial graduate.
“Graeme is an investments leader of the highest quality with decades of experience in managing and advising on retirement assets,” Kylie Willment, Pacific CIO of Mercer, said.
“With Graeme as part of the team, harnessing the deep expertise of Mercer’s 3,000-strong global team of investment professionals, we believe Mercer Super is well placed to deliver the best possible retirement outcomes for members,” Willment, who has responsibility for the investment of the firm’s assets under management in the region, said.
Miller is expected to start in the second quarter of 2025 and will be based in Melbourne.
Departure Follow TelstraSuper Merger Plans
The departure of Miller comes after TelstraSuper announced plans to merge with Equip Super to create a $60 billion fund. The two funds signed a binding Heads of Agreement to merger in December last year.
Kate Misic, Head of Alternative Investments at TelstraSuper, will take over from Miller as interim CIO.
Misic has been with the fund for almost 15 years, serving in a variety of senior roles across the investment management team including leading the property, infrastructure, opportunities, hedge fund and private markets asset classes.
Chris Davies, Chief Executive Officer at TelstraSuper thanked Miller for his leadership and significant contribution to the fund.
“Graeme has played a pivotal role in shaping our investment strategy, delivering strong outcomes for members and driving the fund’s approach to sustainable investing,” Davies said. “On behalf of everyone at TelstraSuper and our members, I want to sincerely thank Graeme for his dedication, commitment and expertise. We wish him the very best in his next chapter.”
_________
[i3] Insights is the official educational bulletin of the Investment Innovation Institute [i3]. It covers major trends and innovations in institutional investing, providing independent and thought-provoking content about pension funds, insurance companies and sovereign wealth funds across the globe.