IFM Investors has appointed Ming Long to its board as an independent director.
Her appointment meant the IFM board was now majority female and would strengthen the firm’s private market experience.
Long was currently chair of AMP Capital Funds Management but would retire on 31 October, 2022, joining IFM the following day. She was also chair of the Diversity Council Australia.
Prior to her AMP role, she had held senior executive positions at Investa Property Group from 2005-2016, including as chief financial officer and joint managing director.
IFM chair, Greg Combet, said: “I’m delighted that Ming is joining IFM – her extensive understanding of private markets alongside her international experience will be a great asset to IFM.”
“Ming also has a strong commitment to inclusion and diversity as well as a deep interest in ESG issues, particularly climate, all of which will add to the current strength of the IFM board.”
Long said: “IFM’s heritage and purpose is distinct in the global funds management industry, and alongside its track record of delivering for its investors, is why it is such a privilege to be able to join the board and help make a contribution to its ongoing success”.
The fund has hired a former ART executive as its new head of group strategy.
The sovereign wealth fund has revealed six internal hires to support the execution of key strategies.
The fund has announced the departure of a second senior executive in as many months, with its chief member officer to finish up mid-December.
The $89 billion fund has announced a new leadership role within its private markets team.