The addition of Mary Reemst to the board gives the government another potential contender to succeed Peter Costello as chairman.
Former Macquarie banker Mary Reemst has been appointed by the federal government to the Future Fund board to oversee more than $250 billion of investments, making her one of a handful of potential contenders to succeed Peter Costello as chairman.
The seven-member Future Fund board of guardians is due to have a new chairman named before Mr Costello’s term expires in February next year. “The government is committed to expanding the pool of potential candidates for government entities including the Future Fund Board of guardians,” they said in a statement.At the Labor Party national conference in August, a motion proposed by the Construction, Forestry, Maritime, Mining And Energy Union was passed for the Albanese government to consider appointing worker representatives to the Future Fund board.