Graus departs Energy Super, maybe more Qld moves to come

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Bill Graus, a contracted CIO at Queensland’s Energy Super, has left the industry fund, suddenly this month, and is already to be replaced by a fund manager at VicSuper, Kevin Wan Lum.

Graus, a well-regarded consulting investment professional who had been with Energy Super for about five years, had previously been at ESS Super and before that at VFMC. He is active within the CFA Society.

Graus’s replacement, Kevin Wan Lum, was most recently a senior investment professional – head of equities and alternatives – at VicSuper, the Victorian Government fund. He is expected to move to Queensland for the new role.

Prior to that, Wan Lum was a portfolio manager at Ibbotson Associates, now a subsidiary of Morningstar Investments, and before that a portfolio manager at QIC in Queensland.

There has been a bit of movement among the Queensland industry funds of late. David O’Sullivan left BUSSQ last month, where he was CIO and a former CEO, although he is technically still employed there and on a ‘sabbatical’ leave. And rumours are swirling about likely departures at other Queensland funds in coming weeks.

– G.B.

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