21st November 2008   
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board of directors

Peter Drake - Chairman, Chief Executive Officer

As CEO Peter is principally responsible for the strategic vision, direction and the structured growth of LM.

Peter has been involved in the financial services industry since 1978, and is particularly active in investment product design. Working closely with LM's Portfolio Manager to manage the growth of funds under management, Peter also plays an integral role in LM's Funds Management Committee and Credit Committee.

Peter's vision of an innovative and prudential funds manager holds true as LM continues its dynamic growth in the Australian financial services sector.

 

Lisa Darcy - Executive Director

Lisa joined LM in 1998 and was appointed Executive Director in September 2003. Lisa is principally responsible for all accounting functions of both LM Investment Management Ltd and its registered schemes. She works closely with LM's Portfolio Manager to manage the growth of funds under management. Lisa plays an integral role in LM's Funds Management Committee and Credit Committee.

With more than 20 years experience in the banking and financial planning industry, including financial accounting and funds management, Lisa makes a valuable contribution to LM's ongoing management of investment funds and financial services. Lisa holds a Bachelor of Business from Griffith University.

     

Eghard van der Hoven - Executive Director, Portfolio Manager

In 2003 Eghard joined LM as Portfolio Manager, responsible for the monitoring and ongoing performance of LM's various funds.

As Executive Director, Eghard's sound understanding of the investment industry spanning almost 20 years includes extensive experience in stock broking, auditing, investment analysis, business strategy and policy planning. As the Chair of LM's Funds Management Committee, Eghard is responsible for joint decisions in relation to the asset allocation, geographic spread allocation, cash flow, delivery rate forecasting and budgeting of LM's funds. Eghard also sits on the Credit Committee and the Arrears Management Committee.

He holds a Master of Commerce, majoring in Economics, and a Bachelor of Commerce (Hons) in Economics, from University of Pretoria , South Africa.

 

Francene Maree Mulder - Executive Director, General Manager Distribution/Product

Francene commenced with LM Investment Management Ltd in 1999, following a 20 year career in the commercial, legal and securities sectors.

Prior to joining LM, Francene held managerial positions focused on the areas of commercial mortgages, conveyancing and the property sector. Specific experience in mortgage securities and the marketing of financial products provided a solid background for Francene to successfully undertake her role within LM.

As Executive Director, Francene is primarily responsible for the marketing and expansion of distribution of LM's products on a wholesale and retail basis, throughout Australia and international markets. Francene takes an active role in the direction of all client communication, company communication and service. Francene is also a member of the Property Research and Analysis Committee, Funds Management Committee, Credit Committee and Arrears Committee.

     

John Dillon - Non-Executive Director

John holds more than 30 years strategic and managerial expertise in the business and development sectors domestically and abroad.

As Non-Executive Director, John 's experience complements the continued strategic growth of LM as an Australian funds manager with international operations.

John's previous managerial experience includes the strategic and financial growth of Vision Cabinets Pty Ltd, a specialist cabinetry business that services a range of residential and commercial clients nationally. Prior to Vision, John was Managing Director ASEAN of Occidental Chemicals, responsible for the administration, manufacture and distribution to the Association of South East Asian Nations (ASEAN). He also holds a Bachelor of Commerce from the University of New South Wales.

 

Val Llewellyn - Non-Executive Director

Val holds over 30 years' management experience in the engineering, manufacturing, labour hire and training sectors in Australia , London and Wales .

In 1982, Val emigrated with his family to Australia , establishing Axial Engineers, then later established Axial HR, an industrial labour hire operation to operate alongside Axial Engineers. In 1996, Val became sole shareholder and Director of the Axial group of companies, and in 1997 established Axial Training to train new apprentices, supervisors and managers in the manufacturing, engineering, mining, warehousing, food processing (butchery), retail and business sectors. 

The Axial Group currently operates from six locations throughout Queensland and also in Perth. 

Val is a qualified Chartered Accountant, admitted as a Member of the Institute of Chartered Accountants in England and Wales in 1972.

     

John O'Sullivan - Non-Executive Director

John brings to LM over 20 years experience in the funds management and investment services sectors of New Zealand, Europe, Asia and Australia.

John's previous executive roles include Chief Executive Officer and Partner of a large advisory business in New Zealand, General Manager of Oceanic Life (New Zealand), Director of Oceanic Funds Management (Australia) and New Zealand Manager of Sun Alliance Asset Management when it purchased Oceanic.

External to LM, John is currently Managing Director of his own New Zealand based distribution company, O'Sullivan Capital.