Utilities Trust of Australia
People
Chief Executive Officer: Richard Hoskins
Boards: Utilities of Australia Pty Ltd Board
Hastings Funds Management Limited Board
Utilities of Australia Pty Ltd Board
Rob Jolly, Chairman
Rob is a former Treasurer of Victoria and during his time in government, he played a lead role in developing and implementing the Victorian Government's economic and industrial relations policy introducing a wide range of economic and social improvements to the State of Victoria. Rob also represented the Victorian Government at a national and international level including major economic presentations and conferences in Europe, Asia and North America. Prior to assuming the role of Treasurer of Victoria, Rob held a senior role in the ACTU, where he undertook high level economic and social research. As well as presenting National Wage Cases before the Industrial Relations Commission he represented the ACTU at various local and international committees, including the OECD in Paris. He has held a number of Directorships in the environmental economics field and is currently a Director, Carbon Market Economics. Rob is an honours graduate in Economics with a Master of Economics from Monash University.
Denise Allen, NON-Executive Director
Denise has been involved in the financial services industry for 25 years. She was the Managing Director, Asia Pacific for Citigroup Asset Management Limited. Denise was Chairman of the Board for Citigroup Asset Management Australia Limited, a Director of Citigroup Investment Bank (Singapore) Ltd, Salomon Brothers Asset Management (Asia) Limited and Citistreet Australia Limited. She was the Responsible Officer for the Citigroup Asset Management Australian Financial Services Licence and Responsible Entity for their Unit Trust vehicles. She was also a member of the Citigroup Country Co-ordinating Committee. Denise continued with Legg Mason after they purchased Citigroup Asset Management in December 2005 and left the group in April 2006. Prior to Citigroup she worked with JP Morgan Investment Management and Potter Warburg Asset Management. Denise currently has her own consultancy business, Chelcor Pty Ltd that holds an Australian Financial Services Licence. She is also on the Board of the Medical Research Commercialisation Fund and is a Trustee Director of AvSuper. Denise was appointed to the UTA Trustee Board in March 2009.
Jay Bonnington, Non-executive Director
Jay Bonnington has a degree in Commerce and an M.B.A., is a Fellow of the Australian Institute of Company Directors, and a FCPA. She worked for an international chartered-accounting firm and then moved into various industries as a senior financial manager. She moved to Australia in 1985 and undertook a number of senior financial roles within the Transfield Services Group, until 1995. She then held the roles of Finance Director/CFO of Yallourn Energy Ltd, Head of Financial Services with NEMMCO, National Director of CPA Australia, and National CEO of the Make-A-Wish Foundation of Australia until 2005. Jay is currently a National Board Member of the St. John of God Healthcare Group, and a director of the Port of Melbourne Corporation, Metropolitan Fire & Emergency Services, and Agriculture Victoria Services. Her community involvements are as a Deakin University Council Member, and a director of the Prince Henry's Medical Research Institute, the Royal Botanic Gardens, and the Lord Mayors Charitable Foundation. In the past, she has held a number of board appointments in Health and other sectors, including being a Trustee of Health Superannuation Funds Ltd for three years until 2004, and Chair of Dental Health Services Victoria for seven years, until 2006. She continues to hold a portfolio of both government and non-government board appointments, chairing various board sub-committees of Audit and Risk, Finance and Resources, and also serves on Remuneration and governance oversight committees. Jay's appointment to the Board is effective from 1 January 2012 following the resignation of Denis Hogg.
Trevor Boucher AO, Non-executive Director
Trevor is a former Commissioner of Taxation, leaving in 1993 after having served in that statutory office for eight and a half years. For two years, from 1993 to 1995, he served as Australia's Ambassador to the Organisation for Economic Cooperation and Development in Paris. Trevor has been a director of a number of industry superannuation investment funds. Trevor holds an LLB degree from the University of Melbourne. Trevor was appointed to the UTA Trustee Board in May 1999 and is Chairman of the Audit Committee.
Graham Dunstan, Non-executive Director
Graham retired in July 2006 from the management team of Emergency Services Super (ESS), having been Chief Executive Officer of that organisation for 12 years and more recently as its Chief Investments Officer. Prior to joining ESS, Graham held senior actuarial and management positions with National Mutual (now AXA) and earlier in his career he was a consulting actuary. His significant involvement in the superannuation industry includes six years on the Board of the Association of Superannuation Funds of Australia. Until the end of June this year Graham was a member of Unisuper's investment committee and on 30 June 2011 he retired as Chairman of Investa Fund's Management Limited. He is on the Board of the Uniting Church's Beneficiary Fund and chairs that Fund's investment committee. Graham was appointed to the UTA Trustee Board in August 2006 and is a member of the Audit Committee.
Peter Edmonds, Non-executive Director
Peter is currently a Director of Port of Portland Pty Ltd. Between 1992 and 2007 Peter was either Chairman or Director of Statewide Superannuation Fund and a member of its Investment Committee. He has previously held CEO positions with the South Australian Ports Corporation and South Australian Cooperative Bulk Handling and has held senior executive positions in a number of industries in Australia, South East Asia and North America. He is a past Chairman of the South Australian Freight Council and past President of the Association of Australian Port and Marine Authorities. Peter was appointed to the UTA Trustee Board in March 2003 and is a member of the Audit Committee.
John Haskins AM, Non-executive Director
John is a former Vice-President of Confederation of International Contractors' Association (CICA), the body that represents the construction industry worldwide. He is immediate former President of International Federation of Asian and Western Pacific Contractors' Association (IFAWPCA), an association that has 15 countries as members in the Asian and Western Pacific Region. John is a Life Member and past President of the Master Builders' Association of the ACT and a Life Member and Past President of the Master Builders' Association of Australia. Prior to his retirement, John was chairman of a medium-sized construction and development company with offices in Canberra, Sydney and Gold Coast for over 20 years. In 2004, because of his extensive involvement in local affairs and his high profile in the building and construction industry, the ACT Chief Minister bestowed on him an Honorary Ambassadorship for Canberra. Currently, John sits on the board of Construction Building Unions' Superannuation Fund (CBUS) and is also Chairman of the Audit Committee of that Fund. In 2007, the Chief Minister of the ACT appointed John Chairman of the Land Development Agency (LDA). John resigned from this role in 2010 and has since been appointed Chairman of Exhibition Park in Canberra (EPIC). John has always been involved in the construction and development industry and still is today with his continued involvement with the Master Builders' Association. John was appointed to the UTA Trustee Board in April 2009.
Tony Tuohey, Non-executive Director
Tony has been a Director of Vision Super (formerly LAS) since 1995, a $4.2 billion fund covering the Local Government and other Statutory Authorities and is currently Chair of its Investment Committee. Tony is Chair of the Regional Infrastructure Fund established by Vision Super, is a former Director of the Development Australia Fund and is the Chair of Regional Windfarms, which owns the Wonthaggi Windfarm through a Special Purpose Vehicle on behalf of Vision Super. Tony was appointed to the UTA Trustee Board in January 2007.
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