IOOF yesterday announced the future retirement of Steve Merlicek, after eight years as IOOF’s Chief Investment Officer, and the appointment of Dan Farmer, currently Portfolio Manager –Australian Equities, to succeed him.
Steve will continue his association with IOOF following his retirement on 30 June 2017, by remaining as a member of the Investment Management Committee. IOOF Managing Director, Christopher Kelaher commented, “I am delighted that it is Steve’s wish to maintain a close association with our business and continue contributing to its ongoing
success.
Steve has made an outstanding contribution to IOOF and has been instrumental in delivering impressive investment outperformance over the long-term. Steve has also built a strong and capable investment team, testament to which is the elevation of Dan Farmer to the Chief Investment Officer role.”
Dan has been with IOOF for seven years and during this time has played an integral part in the award winning team’s delivery of quality multi-manager investment solutions and strong
performance.
Mr Kelaher added “I am very pleased that we have the talent and bench-strength to appoint an internal successor. The company has supported Steve in building a high calibre investment management team. I am confident that Dan and the investment team will continue the strong track record of investment outperformance following the planned transition.”