Rest, one of Australia's largest profit-to-member superannuation funds, has appointed 2 of its senior investment leaders to share the responsibilities of Chief Investment Officer on an interim basis following the resignation of Andrew Lill.
Simon Esposito, Rest’s Head of Private Markets and Deputy CIO, and Kiran Singh, Rest’s Head of Listed Assets, have both been appointed interim co-Chief Investment Officers, subject to regulatory requirements, and will share the responsibilities in addition to their current duties.
Rest Chief Executive Officer Vicki Doyle said the high calibre of the 2 interim appointees was a testament to the strength of the leadership and expertise within Rest’s Investments team.
“Simon and Kiran are highly skilled investment professionals and leaders with the experience to carry on the strong foundations Andrew has built within the team in service of our 2 million members,” said Ms Doyle.
“As well as their deep knowledge of investing across private and public markets, Simon and Kiran both have an in-depth understanding of Rest’s whole-of-fund investment approach and our member-centric investment portfolios.”
Mr Esposito and Mr Singh will commence in their new interim roles once Mr Lill departs Rest in November. A comprehensive search process to appoint a permanent Chief Investment Officer is underway.
Mr Esposito joined Rest in 2014 and has served in a variety of roles with a primary focus on Rest’s fund and direct investments across unlisted property, infrastructure, agriculture and private equity assets. He was a senior member of the Super Investment Management team, Rest’s wholly owned investment management company, which was integrated into Rest’s Investment team in 2020.
Mr Singh joined Rest in May 2021 with responsibility for Rest’s listed equities, fixed income and credit asset classes, encompassing both internally and externally managed strategies. He has overseen the establishment and development of Rest’s first internal global equities function.
About Rest
Established in 1988, Rest is one of Australia’s largest profit-to-member superannuation funds, with around two million members and around $86 billion in funds under management as at 30 June 2024.
For more information, please visit our media centre or contact:
Michael Mills
Senior Manager, Communications – Media Relations
michael.mills@rest.com.au
m: 0428 499 722
Emma Kerswell
Senior Manager, Communications – Consumer and Content
emma.kerswell@rest.com.au
m: 0411 794 206
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