Future Fund CIO Sue Brake Leaves Her Role
Posted on 06/21/2022
Sue Brake, Chief Investment Officer of the Future Fund Management Agency, has decided to leave the organization for family reasons. Sue Brake has been in the role since December 2020. She was appointed as the acting Chief Investment Officer in July 2020, having joined the Future Fund as Deputy Chief Investment Officer, Portfolio Strategy, in June 2019.
Dr Raphael Arndt, Future Fund Chief Executive Officer said in a press release, “I want to thank Sue for her valuable contribution to the Future Fund during a time of unprecedented change in global markets and economies.
“Her leadership and work on the review of the investment strategy leave a significant and positive legacy at the Future Fund. We wish Sue all the very best for the future.”
Brake’s departure has created the opportunity for the Future Fund to restructure its Investment team so that the function is best placed to meet the challenges of the evolving macro environment, according to the press release. Arndt will act as Chief Investment Officer while maintaining his role as Chief Executive Officer until the CIO position is filled. Dr Arndt was previously the Chief Investment Officer between 2014 to 2020.