Board Of Directors
Independent Non-Executive Chairman
Mr Alan Watson joined the board on 15 July 2013, after he had completed a 30 year investment banking career, during which he has been Managing Director of several Australian, American and UK based investment banks. During this career he has worked in the Securities markets of the UK, Australia, Canada, China and Japan. Immediately prior to his retirement Mr Watson was with Macquarie Group, where he had been recruited to establish its European Securities business.
Mr Ian Macoun was appointed as Managing Director to the Company on 17 August 2016, having been the managing director and chairman of Pinnacle since 2006. Mr Macoun’s career to date has included the establishment of Australia's first "multi-boutique" funds management firm (Perennial Investment Partners – founding Managing Director, from 1998), building a major new investment corporation (Queensland Investment Corporation; inaugural Chief Executive – from 1988), and the reconstruction of a major Australian bank's investment operation (Westpac Investment Management; Managing Director from 1993).
Mr Macoun’s early experience, in more than 10 years at Queensland Treasury, included extensive involvement with many major Australian and International financial market participants, and leading the Queensland Government’s commercial participation in many major industrial development projects during the ‘boom’ years of the late 1970’s and the 1980’s. He was a First Assistant Under Treasurer when he moved to lead and build QIC.
Independent Non-Executive Director
Ms Deborah Beale began her working career in the finance industry where she was employed by Merrill Lynch for over a decade. She then moved to Ernst & Young where she specialised in government relations and governance. Ms Beale also served and continues to serve on a number of government, private and not-for-profit boards. Her broad experience includes the areas of finance, corporate governance, risk management, government and public relations.
Ms Beale is currently the Chair of Hyperion Asset Management Ltd one of Pinnacle Investment Management Limited’s most successful affiliated fund managers.
Independent Non-Executive Director
Mr Gerard Bradley has over 35 years of experience in public sector leadership and administration including some 16 years as Under Treasurer and Under Secretary of Queensland Treasury and the South Australian Department of Treasury and Finance.
Mr Bradley has substantial Board experience, including 10 years as Chair of QSuper, and a wide range of directorships of major Government financial and commercial corporations. Since 2012, worked in non-executive director roles in the public and private sector.
Mr Andrew Chambers has extensive multi-geographic and multi-channel distribution experience and is currently responsible for leading the firm’s institutional and international division. Prior to joining Pinnacle in 2008, Andrew was Vice President at Franklin Templeton for 7 years.
Andrew has a Bachelor of Arts (Honours) from the University of Melbourne, a Master of Science in International Relations from the London School of Economics and Political Science and a Graduate Diploma of Applied Finance and Investment from Kaplan Professional.
Mr Adrian Whittingham, prior to joining Pinnacle was Director, Head of Retail Sales with Schroder Investment Management in Sydney, from 2002 to April 2008. At Schroders Adrian was responsible for leading the businesses direction and engagement with Researchers, Consultants, Dealer Groups and Private Clients.
Prior to Schroders, Mr Whittingham spent 8 years at Zurich in Product, Research and Business Development roles.
Non-executive independent Director
Ms Berends has worked in the financial services industry for over 35 years and possesses extensive experience in both investment management and superannuation. Before moving to a non-executive career in 2014 she worked for 15 years with US-based investment manager Marvin & Palmer Associates.
Ms Berends contributed extensively to industry associations throughout her executive career, serving on the Boards of the Investment Management Consultants Association (IMCA Australia) for 13 years (7 as Chair) and the Association of Superannuation Funds Australia (ASFA) for 12 years (3 as Chair). Ms Berends has been awarded Life Membership of both IMCA Australia and ASFA.
Lorraine holds a BSc from Monash University, is a Fellow of the Actuaries Institute and a Fellow of ASFA. Ms Berends is an independent non-executive director of Antipodes Global Investment Company Limited, Plato Income Maximiser Limited and Spheria Emerging Companies Limited (listed investment companies), Director of BT Funds Management Limited, BT Funds Management No. 2 Limited and Westpac Securities Administration Limited. She is a Director of MDC Foundation Limited (a not for profit company). ASX Listed Company Directorships held in last 3 years (current & recent): Antipodes Global Investment Company Limited Plato Income Maximiser Limited Spheria Emerging Companies Limited.