HMC Capital adds to board

HMC Capital has appointed the high-profile Susan Roberts as an independent director.

Roberts will also chair the audit and risk committee of the ASX-listed firm that recently told investors it could hit its goal of reaching $10 billion of assets under management up to a year earlier than forecast.

Roberts is a former chief executive of Lazard Asset Management Pacific and director of strategy at Lend Lease Investment Services.

Earlier, she was head of client services and sales at the investment bank and held a similar position at MLC Investment Management.

As for directorships, her current roles include chair of the audit committee for AIG Australia and Teachers Health, and she is a director of Metlife Australia.

She has previously served as a non-executive director of Maple Brown Abbot and Zurich Australia.

Roberts also chaired the investor working group for the 30 cent Club in Australia.

HMC Capital chair Chris Saxon said the incoming director's background will bring an additional dynamic to the board.

Saxon noted that Saxon has a technical actuarial and investment background coupled with risk management, business strategy, governance and stakeholder management skills.

"We are delighted that Susan is joining the HMC Capital board.  She brings over 30 years' experience in leadership and strategy in the financial services sector ... which will further strengthen the board as HMC Capital pursues its ambition to become Australia's leading alternative asset manager," he said.

Roberts replaces Jane McAloon who has sat on the board for three years.

Saxon acknowledged McAloon's dedication and valuable contribution.