Former Liberal treasurer Peter Costello won't be seeking a third term as chairman of the federal government's Future Fund. A spokesman for Treasurer Jim Chalmers has confirmed Mr Costello's stint, first as a board member, then as chair, will end in February after 14 years.
Mr Costello's decision to step down follows renewal at top institutions including the Reserve Bank and the P roductivity Commission. The spokesman thanked Mr Costello for 'his significant contribution' and said a merit-based recruitment process will now commence to appoint a new Chair. Mr Costello established the sovereign wealth fund as John Howard's Treasurer in 2006 with $60 billion of budget surpluses and part of the proceeds from the Telstra privatisation.
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
स्रोत: FinancialReview - 🏆 2. / 90 और पढो »