ISPT’s Board embraces a positive and transparent culture, with the Directors providing strategic leadership to the ISPT business.
The ISPT Pty Ltd Board has nine Non-Executive Directors:
- Three ISPT Board appointed Independent Directors, including an Independent Chair
- Four Founding Member appointed Directors from AustralianSuper (formerly Australian Retirement Fund and Superannuation Trust of Australia), HESTA and Cbus
- Two Group Member elected Directors representing the 15 Investor shareholders in ISPT
Rosemary Hartnett
Chair and Independent Director
Brian Daley
Deputy Chair and Founding Member Director
Andrew Elliott
Group Member Director
Carl Astorri
Founding Member Director
David Gibson
Non-Founding Member Director
Frank O’Grady
Founding Member Director
Helen Thornton
Independent Director
Jane Lloyd
Independent Director
Lianne Buck
Group Member Director
Mark Burgess
Founding Member Director
Rosemary Hartnett
Chair and Independent Director
BBus (Prop)
Rosemary Hartnett was appointed by the ISPT Board as an independent director on 1 July 2011 and as Board Chair on 1 May 2018.
Rosemary has more than 30 years’ experience in the Australian property sector and extensive senior management experience in property finance. A qualified property valuer, she has worked as a senior property finance executive and a fund manager for trading and investment banks, including National Australia Bank, ANZ and Macquarie Group. She was also Chief Executive Officer of Housing Choices Australia, one of the country’s leading registered housing associations.
Currently Rosemary is a non-executive director of Arena REIT and Arena REIT Management, and a non-executive director of Fanplyr. Previously she held non-executive director positions at Aconex and Wallara Australia.
Brian Daley
Deputy Chair and Founding Member Director
(Appointed by AustralianSuper)
BMath
Brian Daley was appointed to the ISPT Board on 1 July 2007.
Brian has more than 30 years’ experience in industry superannuation and was involved in the establishment and governance of several industry funds including the Australian Retirement Fund, HESTA and Hostplus.
From 1 July 2007 until 9 September 2022 Brian was on the board of AustralianSuper, and from 1 July 2014 until 19 September 2022 he was a member of the Council of Industry Super Australia, Brian is a past director of Hostplus, HESTA, AGEST and ARIA.
Andrew Elliott
Group Member Director
LLB (Hons), B Comm
Andrew Elliott was elected to the ISPT Board by Group Members effective 19 June 2020.
Andrew has more than 25 years’ experience in unlisted investments with major infrastructure and financial services businesses locally and internationally, including airports, ports, energy utilities, property trusts and private equity. Currently Andrew is the Chief Investment Officer at CP2, a specialist infrastructure investment manager. His executive experience includes 12 years with Victorian Funds Management Corporation most recently as Deputy Chief Investment Officer, and prior to that as a director of Infrastructure Funds Management at RREEF Infrastructure, part of Deutsche Asset Management (Australia). Andrew started his career as a commercial lawyer in Australia and the UK.
Andrew is a member of the Investment Management Committee of the University of Melbourne’s Trinity College and of the Cancer Council Victoria Investment Committee. Previously he held non-executive director positions at EPIC Energy, Yallourn Energy, Australia Pacific Airports Corporation and Port of Geelong.
Carl Astorri
Founding Member Director
(Appointed by AustralianSuper)
BSc (Econ), MSc (Econ&Fin)
Carl Astorri was appointed to the ISPT Board on 1 July 2018.
Carl has more than 25 years’ experience as a multi-asset investor, strategist and economist. Currently he is the Head of Asset Allocation & Research at AustralianSuper, leading a team responsible for the active asset allocation of AustralianSuper investments, equity strategy, and macroeconomic research. Prior to joining AustralianSuper in 2015, Carl was Global Head of Economics and Asset Strategy at Coutts & Co and Head of Investment Strategy at Barclays Wealth. He also worked as an economist at Friends Provident Asset Management and the Bank of England.
David Gibson
Non-Founding Member Director
(Appointed by Hostplus)
David Gibson was appointed to the ISPT Board by Hostplus effective 26 September 2022, replacing David Elmslie who stepped down from the Board on 30 June 2022. As an ISPT Board member, David is automatically appointed to the Board of ISPT Operations.
David has over 40 years’ experience in the tourism and hospitality industry across all facets, including operations, corporate management, investment, development, asset management and real estate. Previously David held senior roles at Jones Lang LaSalle Hotels and the Tourism and Leisure Corporation.
David is an Employer Director of Hostplus (appointed by the Australian Hotels Association), Chair of the People and Remuneration Committee and a Member of the Special Investment Group.
Frank O’Grady
Founding Member Director
(Appointed by CBUS)
Frank O’Grady was appointed to the ISPT Board on 1 January 2012.
Frank has held president, assistant secretary and organiser roles in the Building Workers Industrial Union of Victoria and the Construction Forestry Mining and Energy Union (CFMEU). In October 2017, Frank stepped down as the Assistant National Secretary of the CFMEU’s Construction & General Division after working for the union since 1982.
Currently Frank is a director of Cbus and a member of the Cbus Audit and Finance Committee and the Member and Employment Services Committee. Also, he is a director of the Australian Construction Industry Redundancy Trust and MATES in Construction, a community suicide prevention organisation that seeks to improve mental health and wellbeing within the Australian construction industry.
Helen Thornton
Independent Director
BEc, CA
Helen Thornton was appointed by the ISPT Board as an independent director on 1 December 2017.
Helen has more than 30 years’ experience across a range of industries, including financial services. A chartered accountant, Helen has extensive experience in governance, audit and risk management and has held senior leadership roles at Deloitte, KPMG, BHP and BlueScope Steel, where she was responsible for the company’s global risk management function.
Currently Helen is a non-executive director and Deputy Chair of the Treasury Corporation of Victoria, is a non-executive director of Ansvar Insurance, McPhersons, and Yarra Valley Water, and is on the Legal Practitioners’ Liability Committee. Previously Helen was the Deputy Chair of Zoos Victoria and a non-executive director of Austin Health, Big Sky Building Society and Rural Finance.
Jane Lloyd
Independent Director
BTP (Hons), MBA (UNSW), MPA (Harvard)
Jane Lloyd was appointed by the ISPT Board as an independent director on 17 September 2018.
Jane has more than 30 years’ experience in the Australian and international property markets across the commercial, retail, industrial and residential sectors. Her executive career includes two years as Stockland’s General Manager of Development and Design, Commercial Property and 11 years at DEXUS, culminating as Managing Director of US Investments. Jane started her career in the development business of Lendlease. Jane is a consultant to various firms through her consultancy business, Third Shift Enterprises.
Currently Jane is a non-executive director of Cromwell Funds Management, Habilis Housing and SHAPE Australia, is a member of the Australian Prime Property Fund Retail Investment Review Committee, and is a Global Trustee of the Urban Land Institute.
Lianne Buck
Group Member Director
BComm, CA, GAICD
Lianne Buck was elected to the ISPT Board by Group Members effective 19 June 2020.
Lianne has more than 20 years’ experience in the Australian and international property and infrastructure investment markets, specialising in investment management, corporate finance, government and stakeholder management. Lianne started her career with KPMG. Her executive career includes seven years as NSW Treasury Corporation’s Head of Direct Investments and Infrastructure. Also she was Investment Director of Hastings Funds Management and Chief Operating Officer, Unlisted Infrastructure Funds at Macquarie Group.
Currently Lianne is a non-executive director of Argo Investments and AusNet Services. Also, she is a member of the Investment Committee for the bursary fund of Saint Ignatius College Riverview and an Investment Committee Member of Stepstone Infrastructure and Real Assets. Previously Lianne held non-executive director positions at Australia Pacific Airports Corporation and Spark Infrastructure RE Limited, and was a Specialist Advisor to the NSW Treasury Management Investment Committee.
Mark Burgess
Founding Member Director
(Appointed by HESTA)
BComm (Hons)
Mark was appointed to the ISPT Board on 1 January 2022.
Mark has more than 35 years’ experience in senior leadership roles with both asset managers and asset owners. Previously Mark was CEO of Australia’s Future Fund. Prior to this he was CEO (EMEA) and Executive Vice Chairman of Credit Suisse Asset Management in London and has held global Chief Investment Officer roles both overseas and in Australia.
Currently Mark is an independent director of HESTA and Chair of its Investment Committee. Also, he is on the advisory boards of Jamieson Coote Bonds and the IP Group (Australia), is Chair (Asia) for the Official Monetary and Financial Institutions Forum, is a Governor of Cerebral Palsy Alliance, is Chair of Melbourne Girls Grammar Council and is an Honorary Enterprise Professor at University of Melbourne.