Peter Savage joined the A$6 billion (US$4.9 billion) Qantas Super as head of investment operations.
Mr. Savage will oversee a “wide agenda of investment operations” — including overseeing the fund's custody and administration arrangements — allowing CIO Andrew Spence to focus primarily on investing, said Jane Torney, CEO of Qantas Super, Sydney.
Mr. Savage formerly was vice president of business analytics within the local arm of J.P. Morgan Worldwide Securities Services. He is being replaced internally.
Simon Mumme is a reporter with Investment & Technology in Sydney.