Raphael Arndt was appointed to Council on 1 October 2023.
Raphael is Chief Executive Officer of the Future Fund. Prior to that appointment, he served as Chief Investment Officer of the Future Fund from 2014 to 2020. Raphael leads a multi-disciplinary organisation, managing $250 billion on behalf of the Commonwealth of Australia. He was previously the Fund's Head of Infrastructure and Timberland where he was responsible for establishing both the Timberland and Infrastructure investment programs. Raphael is also Chairman of the Investment Committee and a Board Member of the Melbourne Lord Mayor’s Charitable Foundation, Australia’s largest community foundation.
Raphael started his career as an Engineer working with Ove Arup & Partners in Melbourne and London. He holds Engineering and Commerce degrees and a PhD from the University of Melbourne which focused on risk allocation in Public Private Partnerships.