Brandweiner departs Aus Ethical board for Future Fund

Yasmine Raso

Senior Journalist

24 April 2026

Australian Ethical Investment (AEI) has announced Richard Brandweiner has stepped down from his role on its board to take up the position of Chief Investment Officer at Australia’s sovereign wealth fund, the Future Fund.

Brandweiner joined the AEI board back in 2024, following a career marked by major funds management and superannuation fund appointments, including Group Executive at Perpetual, Chief Investment Officer at First State Super (now Aware Super) and Chief Executive Officer of Pendal Group.

“Richard has brought deep investment insight and a strong commitment to responsible and impact-led investing, and we thank him for his valuable contribution and service to Australian Ethical,” AEI Chair, Steve Gibbs, said.

“We congratulate him on this exciting role at the Future Fund and wish him all the best for the future.”

Brandweiner’s tenure on the AEI board is expected to wrap up on 4 May, before he takes on his new role at the Future Fund from 1 July.

“It has been a privilege to serve on the Board of Australian Ethical during a period of significant growth and capability building for the organisation,” Brandweiner said.

“Australian Ethical is a for purpose and for-profit business that for 40 years has pioneered ethical investing, leading the industry and role modelling best practice.

“I’ve always believed that investing can and should deliver both positive returns and positive impact, so it was a real privilege to support an organisation that walks the talk in this respect, and I leave confident in its long-term direction and continued ability to deliver positive outcomes for members, investors and the wider community.”

The Future Fund’s Deputy Chief Investment Officer, Hugh Murray, will remain interim Chief Investment Officer until Brandweiner commences in the role.

“I am delighted to welcome Richard to the Future Fund. He is an experienced investor and executive and has significant experience in leading investment teams to achieve their mandates,” Future Fund chief executive, Dr Raphael Arndt, said.

“I thank Hugh Murray for serving as interim Chief Investment Officer and for his leadership of the investment program through a period of very significant market uncertainty over recent months.”

Brandweiner said he was looking forward to joining the Future Fund team.

“The Future Fund has a compelling purpose as Australia’s sovereign wealth fund,” he said.

“Its investment approach and capabilities are globally respected. I look forward to working with the team and the Board of Guardians to continue to deliver strong risk-adjusted returns for Australia.”