The Queensland Investment Corporation (QIC) has four new board members, including a new chair.
State Treasurer David Janetzki said incoming Chair Andrew King, a former QIC director between 2013 and 2019, would deliver new leadership for the State’s investment manager.
Treasurer Janetzki said Mr King would be joined by new directors Christine Maher, Nick Minchin and Philip Noble.
“The new appointments to the QIC Board bring a wealth of Queensland experience and expertise in financial services, funds management, property and governance,” he said.
Finance, Trade, Employment and Training Minster Ros Bates said the QIC played a crucial role in connecting Queensland to the financial world across the globe.
Minister Bates said the State-owned investment manager had more than $130 billion in assets under management.
“I welcome the strong and clear leadership the new board appointees will bring to help steer Queensland into the future and capitalise on the opportunities ahead,” she said.
QIC CEO Kylie Rampa said the appointments brought a depth of expertise and experience.
“Andrew brings significant experience in corporate property, real estate and funds management and has a deep knowledge of QIC from his previous time serving the organisation,” Ms Rampa said.
“He will lead a team of new and existing Directors that have diverse expertise and leadership, further strengthening our ability to deliver strong performance for our shareholders and clients, while continuing to uphold the highest standards of governance.”
