Future Fund Board of Guardians

The roles and responsibilities of the Future Fund Board of Guardians (the Board) are set out in the enabling legislation, the Future Fund Act 2006. The Board is collectively responsible for the investment decisions relating to the Future Fund, the Medical Research Future Fund, the Aboriginal and Torres Strait Islander Land and Sea Future Fund, the Future Drought Fund, the Disaster Ready Fund, the DisabilityCare Australia Fund, and the Housing Australia Future Fund, and is accountable to the Government for the safekeeping and performance of the Funds. As such, the Board's primary role is to set the strategic direction of the investment activities of the Funds in accordance with the legislation and with the investment mandate issued by the Government, for each Fund. The Board is supported in its functions by the Future Fund Management Agency (the Agency).

Further information

  • Type of Body

    E. Statutory Office Holder Offices and Committees

  • Established By / Under

    Act / Regulation

  • Established By/Under More info

    Future Fund Act 2006

  • Paid Members?


  • Max No. of Board/Committee Members


  • Annual Report Prepared and tabled?


  • Classification

    B. Secondary

  • Function Categorization

    Executive Management

  • Creation Date

  • Postal Address

    120 Collins Street
    Melbourne VIC 3000

Current board appointments

Position Appointee Start Date End Date
Chair Ms. Mary Reemst 4 February 2024 31 May 2024
Member Ms. Rosemary Vilgan 4 February 2024 3 February 2029
Member Ms. Nicola Wakefield Evans AM 1 March 2024 28 February 2029
Member Ms. Mary Reemst 6 October 2023 5 October 2028
Member Mr. Michael Wachtel 3 April 2021 2 April 2025
Member Mrs. Patricia Cross 11 May 2021 10 May 2026
Member Dr. Deborah Ralston 15 September 2021 14 September 2026

Other boards and structures

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