Directors’ Profiles

Chris Mackay, Chairman and Chief Investment Officer

Mr Mackay is a Non-executive director of Consolidated Media Holdings Limited [formerly Publishing & Broadcasting Limited], Seven Group Holdings Limited and Magellan Flagship Fund Limited.  He was previously a director of Crown Limited, and New Privateer Holdings Limited.  Mr Mackay retired as Chairman of the investment bank UBS Australasia in 2006, having previously been its Chief Executive Officer.  Mr Mackay is a member of the Federal Treasurer’s Financial Sector Advisory Council and a former member of the Business Council of Australia and Director of the International Banks & Securities Association.

Hamish Douglass, Managing Director and Chief Executive Officer

Hamish Douglass is the Managing Director and Chief Executive Officer of Magellan Financial Group Limited. He is the portfolio manager for the strongly performing Magellan Global Fund and a director of Magellan Flagship Fund Limited and Magellan Asset Management Limited.

Hamish has more than 18 years experience in financial services and was, until recently, Co-Head of Global Banking at Deutsche Bank, Australasia. He has extensive experience in the financial services industry and has advised on some of the largest corporate transactions in Australia.

In recent years, he has advised BHP Billiton Limited on its acquisition of WMC Resources Limited, Southcorp Limited in relation to the takeover by Foster’s Group Limited, Xstrata Plc on its acquisition of MIM Holdings Limited, Westfield Trust on its acquisition of AMP Shopping Centre Trust and on the three way merger of Westfield Holdings Limited, Westfield Trust and Westfield America Trust to form Westfield Group, BRL Hardy Limited on its merger with Constellation Brands, and Coles Group Limited in relation to the takeover by Wesfarmers Limited. He is a member of the Australian Takeovers Panel and a member of the Forum of Young Global Leaders – World Economic Forum. In 2010, Hamish was appointed as a member of the Federal Government’s Foreign Investment Review Board (FIRB) and is also a member of the Australian Government Financial Literacy Board.

Brett Cairns, Director

Brett Cairns was formerly co-head of the Capital Markets Group within Structured Finance at Babcock & Brown, which he joined in 2002. Prior to this Dr Cairns was a Managing Director and Head of Debt Capital Markets for Merrill Lynch in Australia where he worked from 1994 to 2002. Prior to joining Merrill Lynch, Dr Cairns spent 3 years with Credit Suisse Financial Products, the then derivatives bank of the Credit Suisse group. Brett has a BE (Hon 1), PHD and MBA all from The University of Sydney.

Paul Lewis, Director

Mr Lewis was Managing Partner and Chief Executive – Asia, based in Hong Kong from 1992 – 2004, for PA Consulting Group, at the conclusion of which PA had offices in Hong Kong, Beijing, Tokyo, Bangalore, Singapore, Kuala Lumpur and Jakarta.  Mr Lewis led major assignments in financial services – retail banking, life insurance and stock exchanges, energy, manufacturing, telecommunications, rail, air, container shipping and government.  Mr Lewis also served on senior advisory panels with ministerial representation in Hong Kong, Malaysia and Indonesia, and from 2003 to 2009 was a member of British Telecom’s Global Advisory Board.  Mr Lewis is currently Chair of NAB’s Private Wealth Advisory Council, Chairman of PSP International, Deputy Chairman of the Australian British Chamber of Commerce, and a board member of St Vincent’s Hospital Prostate Cancer Centre.

Naomi Milgrom AO, Director

Naomi Milgrom was awarded an AO in 2010 for distinguished services in a wide range of fields.  She was recognised as one of Australia’s most outstanding business leaders and mentors for her achievements as Executive Chair and CEO of Australia’s largest speciality women’s fashion retailer, the Sussan Group – comprising Sussan, Suzanne Grae and Sportsgirl. One of Australia’s top business entrepreneurs, Ms Milgrom has combined business leadership with leadership in the arts, sciences and women’s health, as Chair of the Australian Centre for Contemporary Art (ACCA), Former Chair of the Melbourne Fashion Festival, and director of the Howard Florey Institute. Ms Milgrom was the first woman to deliver the Batman Oration on Australia Day 2006. The Centenary of Federation Medal was awarded to Ms Milgrom for her outstanding contribution to business and the fashion industry.