Mirvac Group has appointed outgoing Queensland Investment Corporation chief executive officer Damien Frawley as non-executive director of the board.
The role takes effect on December 1.
“Damien has wide ranging experience in investment management and asset management in real estate and infrastructure in Australia and offshore, as well as public markets,” Mirvac chairman John Mulcahy said.
“He is currently the CEO of…one of Australia’s leading investment managers, leading the…global institutional manager for the past nine years,” he added.
“During his time at QIC, Damien has grown the investment management corporation’s asset under management to $92 billion, managing assets and investments for a wide range of government, domestic and global institutional investors”.
Prior to starting with QIC in 2012, Mr Frawley, 59, was head of BlackRock Australia (story continues below).
The former professional rugby union player has also held executive positions with Barclays Global Investors, Citibank and Merrill Lynch Investment Management.
“Damien’s appointment is inline with our board renewal process that we actively undertake to support Mirvac as it embraces the opportunities arising from the economic recovery,” Dr Mulcahy said.
QIC last week appointed Kylie Rampa to the CEO role.
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