Pacific Current Group Limited announced that Michael Clarke has been appointed as a Non-Executive Director of Pacific Current with effect from 14 February 2024. Mr. Clarke has over 30 years' experience in asset management in both Australia and overseas. He has held various roles including responsibility for managing equity, fixed income and currency portfolios and building asset management businesses.

His most recent leadership role was Chief Executive (acting) of Challenger Funds Management, based in Sydney. Prior to that, he was Managing Director of Russell Investments' institutional business in Australia and New Zealand, Director of Strategy and International at AMP Capital Investors, Chief Executive and Chief Investment Officer at Goldman Sachs JBWere Asset Management, Investment Director at EquitiLink Australia, and Division Director at Macquarie Bank. Mr. Clarke is currently a Director of Perpetual Equity Investment Company Limited and a member of PIC's Nomination & Corporate Governance and Audit & Risk Committees.

Mr. Clarke holds a Bachelor of Engineering in Electrical Engineering (Hons) from UNSW and a Master of Business Administration from the University of Sydney.