QIC, an Australia-based institutional fund manager, has appointed Hazel McNeilage to the new position of head of funds management. Ms McNeilage will be responsible for developing and implementing its strategy for investment solutions and asset management services.
She has more than 25 years experience in global investment management, asset consulting, pensions/superannuation and life insurance. She joined principal global investors in 2001 as head of business development in Australia before being promoted to senior management positions in the firm’s Singapore and New York offices.
She will drive QIC’s investment boutiques to achieve client investment objectives and will report directly to Doug McTaggart, chief executive of QIC. However, she will commence her position on 4th January 2010.
Mr McTaggart said: “Ms. McNeilage has one of the most impressive CVs in global funds management and she will be a great asset for the QIC management team. She has strong experience in managing a multi-boutique investment structure and a proven track record in growing institutional asset management businesses.
“After working for many years in the UK, South Africa, Singapore and the US, she saw this as an opportunity to return to Australia in a challenging role. QIC is extremely pleased to have attracted a person of Hazel’s reputation and expertise.”
Ms McNeilage said: “I am delighted to be joining QIC. QIC has a strong fiduciary culture and range of high quality investment capabilities which are very relevant to long term investors. I am looking forward to working with Doug McTaggart and the rest of the QIC team to continue to deliver strong investment performance and service to QIC’s clients and to continue to grow QIC’s business.”
