Allison Hill, deputy CIO of the A$58 billion ($41.4 billion) Queensland Investment Corp. manages on behalf of the State of Queensland, has been promoted to CIO, according to a QIC news release Tuesday.
Ms. Hill replaces Jim Christensen, who is retiring as CIO of QIC's state investments team.
Ms. Hill reports to CEO Damien Frawley, who plans on stepping down from the role next year.
Brisbane-based QIC Ltd. oversees A$93 billion in assets under management on behalf of 115 clients.
