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Sovereign Wealth Funds Briefing - Categorized | People

Gonski eyes ANZ chair to pave the way for Costello at Future Fund

Posted on 29 October 2013

Subject to formal agreement from the ANZ board, the bank will appoint David Gonski its next chairman towards the middle of next year. The move opens the way for former treasurer Peter Costello to take the chair of the Future Fund, although this would entail some political risks and also threaten to destabilise the present smooth-running operation at the fund.
No decision will be made before today’s ANZ profit release, in which the bank is expected to report a better-than-expected profit underlined by a boost in full year dividends to at least $1.63 a share………………………………………..Full Article: Source


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