Rest CEO Vicki Doyle expressed confidence in Clancy's ability to lead the robust investment team of over 140 members, highlighting his extensive expertise and passion for strengthening members' financial futures. Clancy's leadership style is noted for nurturing high-performance teams and fostering a culture characterized by trust and accountability.
Clancy's previous role saw him at the helm of Qantas Super for over nine years, where he managed a $9 billion fund with 25,000 members before its merger with the Australian Retirement Trust earlier this year. Under his leadership, Qantas Super’s default growth option achieved notable returns of 10.1% over a 12-month period as of June 2024, further showcasing his effective stewardship.
His career before Qantas Super includes more than 14 years at National Australia Bank (NAB), with his concluding position as Executive General Manager of Investment Platforms in NAB's Wealth division. Clancy also leads as chair of the CFA Society Australia, underscoring his commitment to the financial sector.
Preparing to commence his new role on August 11, Clancy expressed enthusiasm for joining Rest, committing to guiding the fund through its growth phase while maintaining a focus on delivering member value. Until Clancy takes over, Singh and Esposito will continue to handle interim co-CIO duties.
Rest, a prominent entity in the superannuation industry, manages over $93 billion in assets and serves more than two million members, as reported on March 31, 2025. The organization anticipates Clancy’s strategic input to bolster its investment efforts and reinforce confidence in members' financial growth.
