The ISPT Pty Ltd Board has ten 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
  • One Group Member nominated Director representing the larger Group Member Investors
Rosemary HartnettMask

Rosemary Hartnett

Chair and Independent Director

Brian DaleyMask

Brian Daley

Deputy Chair and Founding Member Director

Helen ThorntonMask

Helen Thornton

Independent Director

Frank O’GradyMask

Frank O’Grady

Founding Member Director

Klaus ZimmermannMask

Klaus Zimmermann

Founding Member Director

David ElmslieMask

David Elmslie

Non-Founding Member Director

Carl AstorriMask

Carl Astorri

Founding Member Director

Jane Lloyd  Mask

Jane Lloyd

Independent Director

Andrew ElliottMask

Andrew Elliott

Group Member Director

Lianne BuckMask

Lianne Buck

Group Member Director

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Rosemary HartnettMask

Rosemary Hartnett

Chair and Independent Director

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 is also a Director of International Property Funds Management Pty Ltd.

Rosemary has more than 30 years’ experience in the Australian property sector and extensive senior management experience in property finance and is currently a Non-Executive director of Arena REIT and Arena REIT Management.

Rosemary was previously an Independent Director of Wallara Australia and Aconex, and Chief Executive Officer of Housing Choices Australia, one of the country’s leading registered housing associations. 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.

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Brian DaleyMask

Brian Daley

Deputy Chair and Founding Member Director
(Appinted by AustralianSuper)

Brian Daley was appointed 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.

Brian is a director of AustralianSuper and a member of its Investment Committee and People and Culture Committee, and Chair of its Member and Employer Services Committee. Brian is also a member of the Council of Industry Super Australia, and is a past director of Hostplus, HESTA, AGEST and ARIA

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Helen ThorntonMask

Helen Thornton

Independent Director

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.

Helen is currently a non-executive director and Deputy Chair of the Treasury Corporation of Victoria and a non-executive director of Yarra Valley Water, Legal Practitioners’ Liability Committee, Austin Health and Ansvar Insurance Australia. She is also an Independent member of the Audit & Risk Committees of the Department of Education & Training, the Department of Health & Human Services, and the Department of Environment, Land, Water & Planning. Helen was previously Deputy Chair of Zoos Victoria and non-executive director of Rural Finance and Big Sky Building Society.

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.

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Frank O’GradyMask

Frank O’Grady

Founding Member Director
(Appointed by CBUS)

Frank O’Grady was appointed on 1 January 2012. Frank is a director of Cbus superannuation fund and a member of the Cbus Audit and Risk Management Committee. Frank is also 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.

Frank has held president, assistant secretary and organiser roles in the Building Workers Industrial Union 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.

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Klaus ZimmermannMask

Klaus Zimmermann

Founding Member Director
(Appointed by HESTA)

Klaus Zimmermann was appointed on 1 January 2013. Klaus is Deputy Chair and a director of HESTA and a member of its Audit and Risk Committee and Investment Committee. Klaus has more than 30 years’ experience in senior executive roles and non-executive board memberships, including as Chair.

Klaus is CEO and founding director of the Commonwealth Association for the Ageing, Deputy Chair and non-executive director of Southern Cross Care SA/NT/VIC Inc and nonexecutive director of Masonic Care Tasmania.

Previously, he was National President and Chair of Aged and Community Services Australia, National President of the National Institute of Accountants and a Member of the Federal Government’s Financial Reporting Council.

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David ElmslieMask

David Elmslie

Non-Founding Member Director
(Appointed by HostPlus)

David Elmslie was appointed on 23 November 2011. David is an independent director and Chair of Hostplus and a member of the Industry Super Australia Advisory Board. He has more than 30 years’ experience in management, finance, administration, corporate and strategic planning, taxation and risk.

Previously, David was the Chief Operating Officer International Business at Crown Resorts and the Chief Financial Officer at Tabcorp Holdings and held senior positions at Elders Resources NZFP and Coopers & Lybrand.

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Carl AstorriMask

Carl Astorri

Founding Member Director
(Appointed by AustralianSuper)

Carl Astorri was appointed on 1 July 2018. Carl is the Head of Asset Allocation & Research at AustralianSuper, leading a team responsible for the tactical and strategic asset allocation of AustralianSuper investments.

Carl was previously 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.

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Jane Lloyd  Mask

Jane Lloyd

Independent Director

Jane Lloyd was appointed by the ISPT Board as an independent director on 17 September 2018. Jane has more than 25 years’ experience in the Australian and international property markets across the commercial, retail, industrial and residential sectors. Jane is currently a consultant to various firms through her consultancy business, Third Shift Enterprises, while holding several advisory board roles.

Jane sits on the Advisory Board of ADCO Constructions, is a member of the Australian Prime Property Fund Retail Investment Review Committee, a Global Trustee of the Urban Land Institute and a director of Habilis Housing and the Bondi
Icebergs Club.

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.

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Andrew ElliottMask

Andrew Elliott

Group Member Director
(Nominated by ESSSuper through VFMC as Investment Manager)

Andrew Elliott was elected by Group Members effective 19 June 2020. Andrew has more than 25 years’ experience in unlisted investments with major infrastructure and financial service businesses locally and internationally, including airports, ports, energy utilities, property trusts and private equity.

His current non-executive positions include membership of the Investment Management Committee of the University of Melbourne’s Trinity College, a member of the Cancer Council Victoria Investment Committee and a member of the QIC Shopping Centre Fund Liquidity Committee.

Andrew is the Chief Investment Officer and Head of Asset Management 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). His former board positions were at EPIC Energy, Yallourn Energy, Australia Pacific Airports Corporation and Port of Geelong. Andrew started his career as a commercial lawyer in Australia and the UK.

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Lianne BuckMask

Lianne Buck

Group Member Director
(Nominated by UniSuper)

Lianne Buck was elected by Group Members effective 19 June 2020. Lianne has more than 20 years’ experience in the Australian and international property and infrastructure investment markets, including specialising in funds management and stakeholder engagement.

Lianne is a non-executive director of Utilities of Australia and a member of its Audit, Risk and Compliance Committee and Investor Relations Committee. She is a non-executive director of Australia Pacific Airports Corporation and a member of its Audit, Finance & Risk and Remuneration Committees as well as a Specialist Advisor to the NSW Treasury Corporation’s (TCorp) Management Investment Committee.

Lianne started her career with KPMG. Her executive career includes seven years as TCorp’s Head of Direct Investments and Infrastructure. She was also Investment Director of Hastings Funds Management and Chief Operating Officer, Unlisted Infrastructure Funds at Macquarie Group.