Dr Mary Manning has been appointed the inaugural chief investment officer for the National Reconstruction Fund Corporation (NRFC). Manning has more than 25 years’ experience in finance, economics and investment.
NRFC chair, Martijn Wilder, and CEO, Ivan Power said Manning’s extensive funds management experience here and overseas made her the best candidate to work with the existing team and deploy the NRFC’s $15 billion.
Most recently, Manning was portfolio manager at Ellerston Capital and Aphinity Investment Management. She had also held senior investment positions at Oaktree Capital and Soros Funds Management.
She has an MBA from Harvard Business School, a PhD in Economics from the University of Sydney and has completed additional courses at Harvard’s Kennedy School of Government and the Cambridge Institute for Sustainable Leadership. She is a member of 100 Women in Finance and is a graduate of the Australian Institute of Company Directors (GAICD).
Manning said she was excited to join the team and “take charge of its pipeline of compelling investment opportunities”.
“We have a clear mission to supercharge our seven priority areas, while delivering the targeted return on investment. By investing at scale and with impact, we will help build the foundation of Australia’s economic future,” Manning said.
Wilder said, “The NRFC has established a strong leadership team, rigorous governance and due diligence and a strong pipeline of deals. We expect to make our first investment announcements in the coming months.”
