State Street Bank and Trust Company has appointed Louise Clarke as its Sydney branch manager.
Clarke will report to Ian Martin, who heads State Street's global services and global markets business in Australia.
"Louise was part of the original team that helped establish State Street Bank and Trust Company in 1994 as the first US bank to be given an Australian branch licence," Martin said.
"She is the ideal candidate to take on this role at a time of increased regulatory standards and governance."
Clarke's role includes oversight of branch governance arrangements, liquidity and financial position, and risk management.
The industry fund has upped its investment in start-ups, helping to unlock the benefits of innovation and emerging technologies.
The chair of the Future Fund has slammed critics of the sovereign wealth’s new mandate as “factually incorrect”.
Super Review understands the Division 296 legislation could be facing the chopping block, with Labor said to be struggling to secure support ahead of the final sitting week of the year.
Deloitte Access Economics has raised concerns about the government’s recent changes to the Future Fund’s investment mandate, questioning the necessity and implications of the reforms.