Highly experienced Board Director and Chair Geoff Brunsdon will serve as the next Chair of Queensland Investment Corporation (QIC).
With more than forty years’ experience in financial services and capital markets, Mr Brunsdon currently serves as Chairman of PayPal Australia, MetLife Insurance and Sims Metals.
In 2019, he was awarded a Medal of the Order of Australia for significant service to the finance, banking and insurance sectors, and to charitable organisations.
Mr Brunsdon is a Fellow of the Financial Services Institute of Australia and Institute of Chartered Accountants, and Patron of childhood cancer support charity Redkite.
His appointment follows the retirement of incumbent Ian Martin, who leaves the role at the beginning of April after five years of service.
QIC CEO Kylie Rampa said Mr Brunsdon is an experienced leader who has spent the majority of his forty-year career working with global organisations.
“His global mindset and broad thinking will prove invaluable to our organisation as we further our own globalisation and client diversification strategies, and continue to create shared value for our clients, people and communities.
“I also pay tribute to Ian Martin, whose contributions since 2019 have ensured QIC is the stronger organisation that we are today.”
Outgoing Chair Ian Martin said it had been a privilege to serve over the past five years.
“I’m proud of the way the organisation has expanded and further developed its capabilities and I am confident of QIC’s prospects for the future.
“I’m also proud of the very successful CEO transition from Damien Frawley to Kylie Rampa.”