Latest news with #JennyWilkinson
Bloomberg
2 days ago
- Business
- Bloomberg
Wall Street Heavyweights Grow Super Assets
Morning all, Rich Henderson in Bloomberg's Melbourne bureau with the latest headlines... Today's must-reads: • Wall Street giants grow super assets • Airwallex co-founder's net worth surges • First female Treasury secretary Wall Street giants are gaining a bigger slice of super assets with Boston-based State Street's assets under management in Australia jumping 50% in 15 months as Australian pensions put more money offshore Airwallex co-founder Jack Zhang's stake in Stripe is worth US$775 million as the entrepreneur's net worth surged in the decade since starting the Melbourne-based company and rejecting a deal from rival Stripe Treasury will be headed by a woman for the first time with Jenny Wilkinson taking on the role of secretary for the department for a five-year term starting next week
Bloomberg
2 days ago
- Business
- Bloomberg
Australia Names Wilkinson Treasury Head, First Woman in Role
Australia's Prime Minister Anthony Albanese has named Jenny Wilkinson as the nation's new secretary to the Treasury, making her the first woman to hold the bureaucracy's top economic post. Wilkinson, currently head of the Department of Finance, will replace Steven Kennedy who will oversee the Department of Prime Minister and Cabinet after almost six years at Treasury. The two officials will take up their new roles with five-year terms on June 16.
