Australian Investment Council appoints new Chief Executive Officer

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SYDNEY, 2 August 2022: The Board of the Australian Investment Council is pleased to announce the appointment of Navleen Prasad as Chief Executive Officer (CEO), following an extensive global search for the role.

Ms Prasad is a respected leader in financial services with more than 25 years’ experience across the industry and in professional services. She joins the Council after 19-years at Macquarie Group where she worked in a number of roles including, most recently, Head of Government and External Relations.

Australian Investment Council Chairperson, Alicia Gregory said: “We are delighted to appoint Navleen to the role of CEO. Navleen brings an outstanding understanding of the investment management industry combining strong policy, government and communications credentials underpinned by a high results orientation. In a constantly changing environment, Navleen’s skills, experience and fresh perspectives will be highly valued by the Council’s team and membership base.

“The Board was unanimous in its view that Navleen is the right person to lead the Australian Investment Council.”

Ms Prasad said: “Private capital plays a critical role in Australia’s economy through funding innovation, enabling entrepreneurship, creating jobs, investing in services which communities need to prosper, and helping to address profound challenges such as climate change.

“It is an honour to be appointed to lead the Australian Investment Council and to work with, and advocate for, our members who invested $A28 billion into businesses across the Australian economy in 2021 and have a further $10 billion ready to deploy. I look forward to working alongside our members as they continue to invest in current and future industries.”

Ms Prasad will formally commence her appointment in early November.

Ms Gregory also said: “The Board thanks Jonathan Kelly for leading the Council over an interim period during which time the annual Australian Private Capital Markets Overview was released in partnership with Preqin, along with the 2022 Policy Blueprint.


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About Navleen Prasad

Navleen Prasad is a corporate executive with more than 25 years’ experience working in financial and professional services. Most recently she worked for Macquarie Group where, over 19 years, she held roles primarily in Corporate Affairs, including leading their Government and External Relations function. Prior to Macquarie, Navleen held client-facing roles in the taxation consulting divisions of Deloitte and PwC.

Navleen has extensive experience across the spectrum of sectors making up the Australian economy, particularly financial services, infrastructure, energy and decarbonisation, commodities, and agriculture. She brings her expertise in government, public policy and reputation to help businesses make decisions that have strong commercial and public outcomes.

About the Australian Investment Council

The Australian Investment Council is the voice of private capital in Australia. Private capital investment has played a central role in the growth and expansion of thousands of businesses, which when combined represents a multi-billion-dollar contribution to the Australian economy. Our members are the standard-bearers of professional investment and include private equity, venture capital, corporate venture capital and private credit funds, alongside institutional investors such as family offices, superannuation and sovereign wealth funds, as well as leading financial, legal and operational advisers.