MMC has assembled an experienced funds management board and management team to deliver on the objectives and business plan as follows:

Board Members

Ray Kellerman B.EC, LLB, MBA, ACIA – Non-executive Chairman

Ray is independent as defined by the ASX Corporate Council’s Principles. Ray has a legal background and was head of compliance services at the Corporate Trust division of Perpetual Trustees Australia where he spent 10 years before establishing his own compliance consulting and advisory business in 2001. Ray currently acts as a director, audit and risk committee member and compliance committee member for a number of major fund managers and financial institutions including Director of Goodman Funds Management Australia and member of Compliance Committees for Macquarie Bank, Deutsche Asset Management, Aberdeen Asset Management and Suncorp. He is a Principal Partner and Director of Quentin Ayers Pty Limited, an implemented asset consultant in the alternative assets sector.

Ray is the Chairman of the Nomination and Remuneration Committee and a member of the Audit, Risk and Compliance Committee and Investment Committee. He was appointed to these committees on 18 April 2007.  He was appointed Chairman of the Nomination and Remuneration Committee on 26 November 2008.

Ray was appointed Chairman on 4 November 2008 and a Director on 10 April 2007. Age 45.

Anthony Eisen B.COM, CA – Non-executive Director

Anthony has over 15 years experience in finance and investment.  He is currently an executive of Guinness Peat Group (GPG). Prior to joining GPG, Anthony was an investment banker in Australia and the United States. Anthony commenced his professional career as an accountant with Price Waterhouse. Anthony currently represents the interests of GPG on the Boards of MMC Contrarian Limited, Capral Limited, eServeGlobal Limited and Tower Limited.

Anthony is Chairman of the Investment Committee and a member of the Nomination and Remuneration Committee. He was appointed to the Investment Committee on the 28 November 2007 and to the Nomination and Remuneration Committee on 26 November 2008. He was appointed Chairman of the Investment Committee on 26 November 2008.

Anthony was appointed a Director on 12 November 2007. Age 37.

Michael Jefferies B.COM, CA – Non-executive Director

Mike is a Chartered Accountant with extensive experience in finance and investment. Mike is an executive of GPG, Chairman of TAFMO Limited and a Non-executive Director of Tower Limited, Capral Limited and Metals X Limited.  Mike is also an Alternate Director at eServeGlobal Limited. Mike was previously a director of Tower Australia Group Limited and Australian Wealth Management Limited. 

Mike is a member of the Audit, Risk and Compliance Committee. He was appointed to this Committee on the 26 November 2008.

Mike was appointed a Director on 4 November 2008. Age 53.

Peter Wade B.EC, ASIA, MSDIA – Non-executive Director

Peter is independent as defined by the ASX Corporate Council’s Principles. For the past 25 years Peter has worked in the Australian and international equity markets. For 25 of these years Peter worked for Goldman Sachs JB Were (GSJBW)  (previously known as JB Were) in Melbourne, London, New York and Sydney. At the time of the departure from GSJBW, Peter was the Joint Head of the Equities Products Group and was on the Board and Management Committee.  In 2005 Peter joined JP Morgan where he became Managing Director, Head of Australian Equities and a member of the management committee before retiring from full time employment. He is currently working in an advisory capacity with the Commonwealth Bank of Australia Limited.  Peter has served on boards and committees of a number of security industry related organisations.

Peter is Chairman of the Audit, Risk and Compliance Committee and is a member of the Investment Committee and the Nomination and Remuneration Committee. He was appointed to the above named committees on 28 November 2007. He was appointed Chairman of the Audit Committee on 26 November 2008.

Peter was appointed a Director on 31 October 2007. Age 52.

Executive Team

Alexander Hutchison LLB MSDIA AACI – Executive Director

Alex is a solicitor with over 17 years experience in the financial services sector. Prior to becoming the Managing Director of MMC Contrarian Limited Alex was the Chief Executive Officer of Bridges Financial Services.  Alex began his financial services career at the Australian Securities Commission and later the State Bank of NSW, Colonial Limited and Credit Union Services Corporation Australian Limited. 

Alex was appointed a Director on 4 November 2008. Age 44.

Athol Chiert B Com, B Acc, CA (SA) – Chief Financial Officer and Company Secretary

Athol was appointed Company Secretary on 4 November 2008.  Athol was previously the CFO of PrefSure Holdings Limited and PrefSure Life Limited (formerly Lumley Life Limited).  Athol also has a private equity background as part of the Global Capital Group both in Australia and South Africa and has over 12 years experience in the finance industry. Athol commenced his professional career as an accountant with Arthur Andersen.

Donna McKell – Head of Advice Support

Donna was appointed Head of Advice support of MMC Contrarian Limited on 21st July 2008. Prior to MMC, Donna was employed by Australian Wealth Management Limited in the role of Head of Financial Planning Business Support. Donna has occupied senior roles over the past 12 years in all aspects of supporting financial planning practices. Donna has over 25 years of experience in the financial services sector.