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Raphael Arndt

Future Fund expands CIO role

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The Future Fund has significantly expanded the role of its chief investment officer, Raphael Arndt, to include the duties of departing chief investment strategist Stephen Gilmore.

The Future fund has announced a series of changes to its organisational structure that will see its chief investment strategist, Stephen Gilmore, leave the fund.

Chief investment officer Raphael Arndt will take on responsibility for the investment functions of Mr Gilmore, as well as leadership of the Future Fund's asset class teams.

The Future Fund's head of infrastructure and timberland, Wendy Norris, will take up the new role of deputy chief investment officer for private markets.

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David George, head of debt and alternatives, will move into the new role of deputy chief investment officer for public markets.

The Future Fund has also created the new position of chief technology officer, with a "global search" underway to fill the position. 

General counsel Cameron Price will add the role of chief risk officer to his responsibilities.

Mr Gilmore will leave the business in April 2018 after supporting the transition to the new structure.