Supervised Investments appoints Helen Coonan as Chair

Supervised Investments Australia has named former cabinet minister and senator, Helen Coonan, as new chair for its board.

Coonan is a former cabinet minister and deputy leader of the Government in the Senate; she was the minister for revenue and assistant treasurer with portfolio supervision of the Australian Tax Office and APRA. As minister for communications she was also a shareholder minister in Telstra and Australia Post.

She currently sits on the boards of Crown Resorts, Snowy Hydro, Sydney Opera House, and JP Morgan Advisory Council. She is the chair of Sydney Harbour Foreshore Authority and an advisor to Aon Risk Insurance and Samsung.

In welcoming Coonan to the board the current chair, David Constable, said the appointment of Coonan would bring "new energy and a broad skill set" to the company.

"Helen joins us at an exciting time, with growth afoot as we work towards realising the expanding potential of our business."

Commenting on her appointment, Coonan said: "I look forward to helping the company with its strategic direction and vision for growth."