Sovereign wealth fund Future Fund has appointed two members to its Board of Guardians for five-year terms.
Fiona Trafford-Walker and Adam Tindall will both join the board with the former starting this month and the latter in September.
They will replace existing board members Patricia Cross and Deborah Ralston.
Trafford-Walker has 30 years’ experience in institutional financial asset consulting and provision of institutional investment advice.
This includes almost 20 years with Frontier Advisors where she was a managing director and director of consulting. She has also held board roles at Link Group, Victorian Funds Management Corporation (VFMC) and Perpetual among others.
Meanwhile, Tindall has held executive roles at AMP Capital and Macquarie Group, specialising in investment and real estate as well as asset management and corporate governance.
He spent over a decade at AMP Capital including five years as its chief executive and six years as chief operating officer for property and five years as executive director for property and infrastructure at Macquarie.
More recently, he has acted as a non-executive director at Bennelong Funds Management, Stockland and Arena REIT.
A statement from the Future Fund said: “These highly qualified appointees will ensure the Future Fund can continue its strong record of returns for the Australian people and we look forward to working with them.”
In April, the fund announced Richard Brandweiner would replace Ben Samild as chief investment officer from 1 July, joining from Australian Ethical. Samild left in September 2025 to join the Abu Dhabi Investment Council and the position had been held by Hugh Murray in an interim capacity.
Having previously served as Pendal CEO from 2018 to 2023, Brandweiner has spent over 30 years across all asset classes in the investment management industry. Previous stints also include a four-year term as CIO at First State Super, as well as serving the role of group executive at Perpetual.
The move also follows the Future Fund’s announcement earlier this year that it would review 10 roles as it seeks to cut up to $15 million in costs over the next couple of years, signalling a pullback from the expanded operating footprint built during its post-pandemic push into data, technology and internal capability.




