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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, People

Costello confirmed as Future Fund boss

Posted on 04 February 2014

Former federal Liberal treasurer Peter Costello has been appointed head of the Future Fund. Mr Costello, who was treasurer for more than 11 years in the Howard government (1996-2007), has been acting chairman of the fund since January 11 following the resignation of David Gonski to become chairman of ANZ Bank.
As treasurer he was responsible for the establishment of the Future Fund in 2006. “Mr Costello’s unique experiences and background at the most senior levels in government and in business will be a great asset to the Future Fund board,” Treasurer Joe Hockey and Finance Minister Mathias Cormann said in a joint statement on Tuesday………………………………………..Full Article: Source


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