In addition, executive recruitment firm Heidrick & Struggles has been engaged by the Federal Government to assist the Clean Energy Finance Corporation (CEFC) Board with finding the Corporation’s Chief Executive Officer.

CEFC Chair Jillian Broadbent is a member of the Board of the Reserve Bank, a position she has held for over 14 years, and also serves on the boards of Woolworths Limited and ASX Limited, and is the Chancellor of the University of Wollongong.

Mr Carapiet recently retired after a 22-year career as an investment banker at Macquarie Bank, heading up the investment banking division of Macquarie Capital and becoming the Executive Chair in 2010.

Mr Moore was part of the recent CEFC Expert Review Panel. He was formerly the head of Bankers Trust’s corporate finance business, and is on the board and audit committee of the responsible entity Challenger Infrastructure Fund and Challenger Diversified Property Fund.

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Ms Skarbek is the Executive Director of ClimateWorks Australia. She is currently a member of the Land Sector Carbon and Biodiversity Advisory Board, and a director of the Carbon Market Institute.

Mr Stock recently retired from Origin Energy, where he managed major development projects in upstream petroleum, power generation, and low-emissions technology. He is currently a Director of Geodynamics Limited.

The commercially-orientated CEFC is designed to facilitate greater private sector investment in clean energy, low-emissions technology and energy efficiency as a key part of the Federal Government's Clean Energy Future package, working alongside the carbon price, the Renewable Energy Target and the Australian Renewable Energy Agency.

The CEFC Board will operate and make its investment decisions independently of the Government, based on commercial assessments. It will commence investing funds from 1 July 2013.