ANZ targets David Gonski to be its next chairman In demand: David Gonski has been approached by ANZ.. ANZ Banking Group has sounded out Future Fund executive chairman David Gonski about becoming the bank's next chairman, in a move that could result in a change of leadership to the board of the $89 billion Future Fund, The Australian Financial Review reports. It is understood ANZ chairman John Morschel is looking for an external ­candidate with experience in Asia to take the helm of the bank's board well before his term expires at the 2015 annual meeting. The bank has made an approach to Mr Gonski, who served on ANZ's board between 2001 and 2007. Any appointment to the board of the $90 billion bank could take months to secure, given Mr Gonski's significant workload on the boards of the Future Fund, Coca-Cola Amatil and Singapore Telecommunications. Mr Gonski's experience on the Future Fund and SingTel boards, as well as his time as a director of Singapore Airlines, makes him an attractive candidate for a company seeking directors with Asian experience. With banking heavily regulated, his connections to both sides of politics will also count in his favour. It would be impossible to be chairman of the Future Fund and a big four bank simultaneously, leading to speculation that Mr Gonski is preparing to hand over the reigns of the sovereign investment fund to former federal treasurer Peter Costello next year. Mr Costello pushed to become the fund's chairman early last year only for the Gillard government to give Mr Gonski - who was charged with finding a replacement for outgoing chairman David Murray - the job of running the Board of Guardians in March. Mr Costello founded the Future Fund in 2006 as he presented his ­second-last budget and his status within the Liberal Party makes him the favourite to take over from Mr Gonski.