Media Releases

STATEMENT ON THE DEPARTURE OF MR DAVID NEAL

February 04, 2020

with
SENATOR KATY GALLAGHER
SHADOW MINISTER FOR FINANCE
SHADOW MINISTER FOR THE PUBLIC SERVICE
SENATOR FOR THE AUSTRALIAN CAPITAL TERRITORY

On behalf of the Federal Labor Party, we thank Mr David Neal for his service as the Chief Executive Officer of the Future Fund Management Agency since 2014 and his prior service in the organisation from 2007.

After nearly 13 years at the fund, Mr Neal’s leadership of the Future Fund has helped to significantly build Australia’s long-term assets for the benefit of the Australian community.

The Fund has achieved a return of 9.9 per cent over the last decade, exceeding the benchmark target while under the leadership of Mr Neal.

As chief executive Mr Neal always engaged professionally and constructively with parliamentarians on all sides, particularly during Senate Estimates, and we wish him all the best in his new role with IFM Investors.

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