This time at the FIRB:
Foreign Investment Review Board chairman Brian Wilson has been appointed senior adviser to The Carlyle Group’s Asian buyout team.
…Mr Wilson said he was delighted to partner with an organisation that has such an outstanding track record of investment and value creation.
“I look forward to working closely with the team to assist as it pursues new investment opportunities across various sectors in Australasia and to create value for Carlyle’s portfolio companies.”
Has Mr Wilson served the people well? Not in housing where FIRB’s record is abominable. One could argue its wider remit is held hostage to politics but even so debacles like the Darwin port lease also suggest a less than adequate performance in recent years.
And now Mr Wilson is off to ply his trade with global roaming capital armed with nice inside knowledge of the system.
Has Mr Wilson served the people well? No comment.
