The Future Fund has hired a new head of infrastructure and timberland following a "global search process".
Wendy Norris has been promoted from director to head of infrastructure and timberland after the position was left vacant by Raphael Arndt following his appointment to chief investment officer last year.
“Wendy is a skilled investor and high-quality leader and I am very excited about what she will bring to the fund in her new role,” said Dr Arndt.
Ms Norris will lead the continued development of the fund’s infrastructure portfolio and the construction of the overall portfolio as a member of the Investment Committee, a statement issued by Future Fund said.
“[Ms Norris] combines infrastructure portfolio management, asset management and transaction expertise with the ability to contribute to investment thinking across all asset classes,” Dr Arndt said.
“We had a strong field of candidates, but Wendy’s local and international experience and her understanding of our ‘one portfolio’ approach to investing marked her out,” he said.
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