Mr Fraser was appointed with effect from 12 November 2018 for a five-year term.
Mr Fraser has more than 40 years' experience in leadership roles in economics, public policy, capital markets and asset management in Australia and overseas. Mr Fraser is an Independent Director of AMP Limited. He was Secretary to the Australian Treasury from 2015 to July 2018 serving as a member of the Board of the Reserve Bank of Australia, a member of the Australian Council of Financial Regulators and Chair of the G20 Global Infrastructure Hub. Prior to this, Mr Fraser was Chairman and CEO of UBS Global Asset Management based in London, a member of the UBS Group Executive Board and Chairman of UBS Saudi Arabia. He also served as an Australian Stock Exchange Board director and as Chairman of Victorian Funds Management Corporation. Prior to 1993, Mr Fraser held a number of senior positions with the Treasury over 20 years, including postings at the International Monetary Fund and the Australian Embassy in the United States. In 2001 he received a Centenary medal for service to Australian society through business and economics.