Reserve Bank of Australia board member Mark Barnaba will chair a new investment committee at not-for-profit health fund HBF, overseeing a $1.7 billion investment portfolio.
HBF has flagged the possible sale and lease-back of its head office building in central Perth after reporting a lift in its financial performance and a major shift in its east coast growth strategy.
The new chief executive of HBF believes his international experience will help the not-for-profit health fund grow and prosper in the current challenging market conditions.