Wilton to join VFMC board


Maria Wilton, the former chief executive of Franklin Templeton Investments in Australia, has added to her list of non-executive roles with a prestigious directorship of the Victorian Funds Management Corporation.

In July last year, Wilton announced she would step down as managing director of Franklin Templeton after 11 years there, effective as of this week. She remains an advisor to the company. In October, it was announced that Matthew Harrison was to become the new managing director.

James MacKenzie, the VFMC chair, said Wilton would deepen “the strong commercial and public-sector experience of the board,” in particular bringing “contemporary investment management expertise and insight”.

VFMC manages about $60 billion for Victorian public authorities including Emergency Services and State Super (ESS Super), WorkSafe Victoria, the Transport Accident Commission and the Victorian Managed Insurance Authority.

Wilton is deputy chair of Infrastructure Victoria, chair of the Industry Advisory Board at the Australian Centre of Financial Studies, a member of the Chartered Financial Analyst (CFA) Advocacy Council and national chair of the CFA Society Diversity Committee.

She has also been a director of various public authorities including ESS Super, Melbourne Water, Victoria Legal Aid and the Transport Accident Commission.