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Future Fund unveils dual-executive appointment
The country’s sovereign wealth fund has unveiled a flurry of changes to its leadership team, including the appointment of a key executive role.
The Future Fund has named Nancy Collins as its chief financial officer and chief risk officer, where she will be tasked with overseeing finance, enterprise risk and select enablement functions at the fund.
An experienced senior executive with experience across education, manufacturing and professional services, Collins joins the Future Future Fund Management Agency from Swinburne University of Technology, where she was chief operating officer.
According to the sovereign wealth fund, her appointment comes off the back of the Future Fund's strategy to “mature” its senior leadership capabilities as the organisation grows in both size and complexity.
“After an extensive search process, I am delighted that we have recruited an executive of Nancy’s calibre and experience to be the agency’s chief financial officer and chief risk officer,” Dr Raphael Arndt, Future Fund’s chief executive, said on Tuesday.
“Nancy’s strategic skills and commercial acumen will be a significant asset to the Agency, ensuring we are better able to deliver our strategy while managing an increasingly complex operational budget in volatile market conditions,” Arndt continued.
The Future Fund also pointed out the close connection between financial strategy and risk management, which is reflected in Collins' dual role.
The appointment follows a flurry of movement in the sovereign wealth fund’s leadership team
Namely, Cameron Price is retiring as general counsel after 11 years in the role, and as chief risk officer, a role he has held for more than six years.
Moreover, Gillian Denison has been promoted from head of legal to become the agency’s next general counsel.
Commenting on Price’s retirement, Arndt thanked him for his tenure with the organisation, and also for his development of a successor in Denison.
“Cameron has made an outstanding contribution to the Agency over many years and we have all benefited from his wise counsel, strategic insight and his intimate knowledge of our government regulatory environment,” the CEO said.
Meanwhile, Simone Hartley-Keane has joined the Future Fund as chief people, culture and inclusion Officer. She replaces Kimberley Reid, who retired late last year.
Finally, Will Hetherton has also been promoted to chief corporate affairs officer, from his previous role as head of corporate affairs.
AUTHOR
Jessica Penny
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