Prime Super's investment lead departs

Prime Super general manager of investments Jane Kang has left the profit-to-member fund.

Kang had been with the fund for seven years, starting as its investment operations manager.

She exited earlier this week.

Speaking with Industry Moves' sister publication Financial Standard, Prime Super chief executive Lachlan Baird said Kang is taking time off to travel and explore other opportunities.

Meanwhile, Prime Super will be evaluating its long-term investment and operational needs.

The fund's focus is currently on outsourcing and having a close relationship with its investment advisor Patrizia, he said.

Before joining Prime Super, Kang was head of investment operations at Hostplus, spending 11 years at the industry fund.

She's also served as a director of fixed interest at Rest's fund management subsidiary and as manager of internal portfolios and investment operations at UniSuper.

Last year, speaking to Financial Standard, Kang said she enjoyed working with her team.

"Some people wake up to go to work so that they can earn a living, but I wake up because I enjoy working with these people," she said.

Kang added that her greatest achievement at Prime Super was bolstering the processes and procedures, making the fund's security and compliance procedures watertight.

Meanwhile, Kang's exit from Prime Super follows the recent appointment of two non-executive board directors, effective 1 January 2023.

As previously reported by Financial Standard, Prime Super added former Club Plus Super chief investment officer Gemma Dooley and Edgehaven managing director Bev Durston.

This article first appeared in the Financial Standard

By Andrew McKean.

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