After a 30-year career in property investment and management, it is the last day in the office for retiring Local Government Super property portfolio manager Brian Churchill.
He will be replaced by Andrew Kim, who has been property asset manager at LGS for the past three years.
Churchill is known as a sustainable property leader and joined LGS in 2001. While there, he made the LGS property portfolio an industry leader in environmental performance – with 100% green power – say his employers.
During Churchill’s time at LGS, the environmental performance of the fund’s property investments won a number of awards and positive rankings, including from the Australian Property Institute and the Property Council of Australia.
In 2003, he also oversaw the restructuring of the LGS portfolio into an unlisted property trust in order to deliver more flexibility and returns for members and a greater ability to capitalise on opportunities with more appropriate levels of leverage.
LGS chief executive Peter Lambert thanked Churchill on behalf of the Board, executive, staff and members for building a strong property portfolio team.
“Brian has played an integral role in bringing our property portfolio to meet and exceed some of the highest ESG standards inside and outside the superannuation industry. The benefit of the years of service and expertise he has given to the fund will be realised by members for many years to come.
“We wish Brian and his wife all the very best for a secure and fulfilling retirement, a concept that’s very, very close to our hearts here at LGS.”
LGS manages more than $7b in superannuation assets for around 90,000 members. It has approximately $4b invested in responsible investment strategies across Australian shares, international shares, property, and the absolute return and private equity asset classes.