Combet to chair Net Zero Economy Agency

Greg Combet has been appointed as chair of the Net Zero Economy Agency by Prime Minister Anthony Albanese and has stepped down as chair of IFM Investors after a decade on the board.

"I am immensely privileged to have served as a director, deputy chair and then chair during this time," Combet said in a statement.

"IFM invests on behalf of industry super funds and global pension funds to benefit their members. This purpose makes IFM a distinct funds management business, one that aligns with my own values in representing working people. The importance of industry super funds to the retirement security of millions of people and to the future economic resilience of Australia reflects both the achievements of the past and the strength of the current leadership of the sector."

The Prime Minister's office said that as chair, Combet will lead the board to ensure that workers, industries and communities can seize the opportunities of the net zero transformation. The chair, supported by an advisory board, will design and establish the legislated Net Zero Authority.

"Mr Combet is uniquely qualified to lead the agency, with expertise in government, investment, climate policy and industrial relations, as well as holding qualifications in coal mining engineering. He will begin the role on 10 July 2023."