The $5 billion Auscoal industry fund has hired Zurich’s former manager of trustee services to the newly created role of governance and trustee manager.

Nicole Killen started at Auscoal yesterday, filling some of the responsibilities previously handled by the now-defunct post of head of corporate services, which was filled by Louise Small until her retirement from the fund after 15 years earlier this year. The marketing and commmunications dimensions of Small’s role were assumed by former REST media relations head, Jennifer McSpadden, earlier this year. Killen, a former general manager of Accountants Super, had been responsible for Zurich’s Finium and i.super corporate master trusts, and oversaw their transition to Australian Wealth Management from April. Auscoal also recently changed its investment advisory arrangements. A long-running relationship with Watson Wyatt was ended, with Mercer Investment Consulting drafted in to provide manager research to an internal investment team head by Terry Newson.

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