The federal government has appointed two new members of the Future Fund Board of Guardians.
In a joint statement issued by Treasurer Joe Hockey and Minister for Finance Mathias Cormann, it was announced that Carolyn Kay and Jane Wilson have been appointed to the board for a period of five years.
Both Ms Kay and Dr Wilson will replace founding members of the board Susan Doyle and John Mulcahy.
Ms Kay has worked in a number of financial services roles, including in her most recent role as a director of the Commonwealth Bank.
She has also worked for Morgan Stanley, JP Morgan and Linklaters and Paines in London, New York and Australia.
Dr Wilson has also held a number of positions as an independent director with a background in finance, banking and medicine.
Currently Dr Wilson is an independent director of Sonic Healthcare, a member of the Prime Minister’s Business Advisory Council and she also sits on the board of the Winston Churchill Memorial Trust.