Yarra Capital Management today announced that former CEO of Colonial First State Global Asset Management Mark Lazberger has joined its Board as a Non-Executive Director.

Mark is one of Australia’s most accomplished investment management executives, with more than 35 years’ experience working with large and successful organisations across Australia, Europe and South-East Asia, including Colonial First State Global Asset Management (CFSGAM) and First State Investments (FSI) and State Street Global Advisors.

He was most recently CEO of CFSGAM and FSI (now First Sentier Investors), a role Mark held for 10 years until December 2018 prior to its acquisition by Japanese bank MUFG in 2019. Mark’s prior experience includes 17 years with State Street in a range of senior positions in Australia, Japan, Hong Kong and the UK. Prior to his resignation in 2008 to join CFSGAM, Mark led State Street Global Advisors’ International business in all markets (ex USA).

At Yarra Capital Management, Mark will work closely with the Board and Executive Management to achieve the Firm’s growth objectives.

Mark Burgess, Chairman of Yarra Capital Management, commented:

“There are few executives in this country with Mark Lazberger’s experience. We are delighted that he has agreed to join Yarra’s Board, and look forward to working with him.”

Dion Hershan, Managing Director, added:

“Mark brings an unrivalled depth of industry expertise to Yarra. His experience in growing assets at large, global funds management organisations will be of enormous benefit to the business.”