Former Reserve Bank governor Philip Lowe is preparing to become Chair of charitable fund manager Future Generation Australia, in his first gig since departing the central bank.
Former Reserve Bank governor Philip Lowe to become Chair of Future Generation Australia in first gig after leaving central bank
In a statement to the ASX, Future Generation Australia said the former governor would take the reigns from ex-New South Wales premier Mike Baird, who has been in charge since 2022. Picture: NCA NewsWire/Nikki Short"I've always strived to be associated with organisations that enhance the welfare of Australians, so it's a privilege to work with Future Generation Australia's shareholders and pro bono fund managers to support our most vulnerable youth.
Under its model, roughly $10 million is donated to charities for every $1 billion under management each year. Commenting on the appointment of Mr Lowe, Mr Wilson hailed the former governor's"leadership, experience and intellect" as he expressed optimism about the future of the charitable fund manager.
Future Generation Australia said Mr Lowe would take the reigns from former New South Wales premier Mike Baird, who has been in charge since 2022. Picture: Jane Dempster "I am delighted to be working alongside him as a director and believe he will continue to make a huge contribution to Australia - as Future Generation Australia's Chair and beyond."
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