IFM Investors appoints new director to the Board
Global fund manager and Industry Super-owned IFM Investors is pleased to announce that Ms Ming Long AM has been appointed to the Board as an independent director, continuing to strengthen IFM’s private markets experience and grow its global presence.
Ms Long has had a multi-decade career as an executive of listed and unlisted companies, including fund managers, as well as significant board experience, with a strong track record in leadership, strategy, finance and governance.
Ms Long is currently Chair of AMP Capital Funds Management, having been a trustee for up to $100 billion assets under management, with a particular focus on infrastructure and real estate. She retires from this role on 31 October 2022.
Prior to this role, Ms Long held a number of senior executive positions at Investa Property Group from Chief Financial Officer, Joint Managing Director and Fund Manager between 2005-2016, with significant experience leading through challenging and uncertain economic environments, and M&A.
Ms Long is Chair of Diversity Council Australia and on the board of QBE Insurance (Auspac), and the Committee for Economic Development (CEDA).
Commencing on 1 November 2022, Ms Long will bring to IFM her multi-asset class expertise and deep knowledge of international private markets, finance and global strategy, which will help us continue to deliver on our purpose to protect and grow the long-term retirement savings of working people.
Established more than 25 years ago by a group of Australian industry pension funds, IFM invests on behalf of more than 600 institutional investors globally, representing more than 120 million people, including nurses, teachers, and construction and hospitality workers.
Ms Long’s appointment means the IFM Investors Board will be majority female.
Quotes attributable to IFM Investors Chair Greg Combet:
“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.”
“I look forward to working with Ming as IFM continues to grow our global presence in key northern hemisphere markets, including EMEA, the United States and North Asia.”
Quote attributable to Ms Ming Long AM:
“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.”
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About IFM Investors
IFM Investors was established more than 25 years ago with the aim to protect and grow the long-term retirement savings of working people. Owned by a group of Australian pension funds, the organisation has A$199 billion under management as at 30 June 2022. Because IFM is owned by industry pension funds, we prioritise the interests of 600 like-minded investors worldwide by focusing on assets that combine excellent long-term risk/reward characteristics with broad economic and social benefits to the community. As a signatory to The United Nations-supported Principles for Responsible Investment, IFM actively engages on ESG issues with the companies in which we invest with the aim of enhancing their net performance while minimising investment risk. Operating globally from offices in Melbourne, Sydney, London, Berlin, Zurich, Amsterdam, New York, Hong Kong, Seoul and Tokyo, IFM manages investments across infrastructure, debt, listed equities and private equity assets. For more information, visit ifminvestors.com.
Biography of Ms Ming Long AM
Ming Long AM was appointed Chair of AMP Capital Funds Management in 2018 and has been on its board since 2017. She will be retiring from her role at AMP Capital on 31 October 2022.
Ms Long is also on the board of QBE Insurance (Auspac), the Diversity Council of Australia, and the Committee for Economic Development (CEDA). She is also on the Steering Committee for the Climate Governance Initiative with the Australian Institute of Company Directors, and a member of the ASIC Corporate Governance Consultative Panel. She has previously been on the boards of Chartered Accountants Australia & New Zealand and the Property Council of Australia.
Ms Long has also held senior executive positions in listed and unlisted companies, including as Chief Financial Officer to Joint Managing Director of Investa (2005-2016).
Ms Long has a Bachelor of Economics and Laws from the University of Sydney, and holds an MBA from the University of Technology Sydney (UTS). She is Fellow Chartered Accountant and a Graduate of the Australian Institute of Company Directors.
IFM GIF is an open-ended infrastructure investment fund advised by IFM Investors.