Gary Gabriel joined Victorian Funds Management Corp. on Oct. 26 as head of the Melbourne-based public authority's portfolio management group.
Mr. Gabriel "will lead the group responsible for determining portfolio strategy and asset allocation, measuring and calibrating investment risk and implementing VFMC client portfolios," a VFMC statement said.
VFMC is a public authority which manages A$64 billion ($45 billion) on behalf of 31 public authorities and related organizations in the state of Victoria.
Mr. Gabriel replaces Paul Murray, who left VFMC earlier in the year, a VFMC spokeswoman said.
Mr. Gabriel joined from State Super, Sydney, where he was the A$43 billion superannuation fund's chief investment officer.
Charles Wu, State Super's deputy chief investment officer and general manager, defined contribution investments, said State Super is in the process of naming a replacement for the CIO role. Mr. Wu said he will serve as acting CIO in the interim.
