KKR hands advisory role to former Australian prime minister

The firm has approximately 18 senior advisors and 27 industry advisors who help the core team and portfolio companies understand the implications of developments across public policy, regulation, societal needs and technology. Other senior advisors include John Bond, former chairman of HSBC Holdings, and Lim Hwee Hua, an ex-politician who was Singapore’s first female cabinet minister.

Turnbull practiced law before turning to finance in the late 1980s. He established his own investment banking business in Australia and then spent four years with Goldman Sachs, becoming a partner and departing in 2001. Turnbull also invested in Ozemail, one of Australia’s first internet service providers. It listed on NASDAQ in 1996 and was sold to MCI Worldcom three years later.

Having been involved with the Liberal Party since the early 1980s, Turnbull entered parliament in 2004 and joined the cabinet in 2006 with an environment brief. The Liberals were voted out the following year and remained in opposition until 2013, when Turnbull was appointed minister for communications. He became prime minister after a successful leadership challenge in 2015 and won the 2016 federal election. Turnbull was removed by his party in 2018 and resigned from parliament.

“Given Mr. Turnbull’s significant background in the private and public sectors, he has unique experience and holds a distinct point of view regarding how KKR can help address the problems our changing world presents,” KKR said in a statement.

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• Topics
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• Appointments