About

Board of Directors

Board of Directors


Dr Doug McTaggart PhD, MA(Econ), BEc(Hons), DUniv, FAICD, SF Fin

Dr Doug McTaggart PhD, MA(Econ), BEc(Hons), DUniv, FAICD, SF Fin

Chairman and Independent Director

Dr Doug McTaggart PhD, MA(Econ), BEc(Hons), DUniv, FAICD, SF Fin

Dr Doug McTaggart is Chairman and an independent non-executive director. 

He sits on the boards of the Suncorp Group and chairs its Audit Committee.  He is Chairman of the QIMR Berghofer Institute of Medical Research and also of Suncentral Maroochydore.

In June 2012, after 14 years, Dr McTaggart retired as CEO of QIC.  Prior to this appointment, Dr. McTaggart held roles including Professor of Economics and Associate Dean at Bond University (1989-1996), and then Under Treasurer, Queensland Department of Treasury (1996-1998).

Dr. McTaggart has advised governments, most recently the Northern Territory Government as a member of its Economic Development Advisory Panel.  In early 2012 he retired as Chairman of the Queensland Public Service Commission and a member of the Queensland Public Sector Renewal Board and was a Commissioner on the Queensland Independent Commission of Audit. He was a member of the Council of Australian Governments (COAG) Reform Council (2007-2013) and Councillor on the National Competition Council (NCC) (2000-2013).

He has an Honours (1st Class) degree in economics from the ANU, a Masters and PhD from the University of Chicago, and a DUniv from QUT.

Rick Francis BCom, MBA, CA, GAICD

Rick Francis BCom, MBA, CA, GAICD

Managing Director and Chief Executive Officer

Rick Francis commenced as Managing Director and Chief Executive Officer (MD and CEO) of Spark Infrastructure in May 2012 after being appointed to the role in January 2012.  He originally joined Spark Infrastructure in February 2009 as the Chief Financial Officer and served in that role for three and a half years prior to his appointment as MD and CEO.

Rick has over 18 years’ experience in the Australian energy and energy infrastructure industries. Prior to joining Spark Infrastructure he was employed by the ASX listed gas transmission and energy infrastructure business APA Group, where he was Chief Financial Officer for four years and by Origin Energy Limited for over eight years in a number of senior management roles including those of Group Financial Controller and Operations Manager, Energy Trading.

Rick is also a Chartered Accountant with 15 years’ experience in the finance and energy fields in Australia and the UK.

Andrew Fay BAgEc (Hons) FINSIA

Andrew Fay BAgEc (Hons) FINSIA

Independent Director

Mr Fay is a Director of BT Investment Management Limited and is Chair of Deutsche Managed Investments Limited. Mr Fay was appointed to the Board of J O Hambro Capital Management Holdings Limited, a UK company which is wholly owned by BT Investment Management and was appointed as Chair of Tasman Lifestyle Continuum in 2014. Mr Fay also consults to the Dexus Property Group Ltd in the area of capital markets and advises Microbiogen Pty Ltd, a private company which operates in the renewable energy industry, on corporate development.

Mr Fay was Chair of Deutsche Asset Management (Australia) Ltd (DeAM) until following more than 20 years’ experience in the financial services sector. From November 2006 to November 2007 Mr Fay was an Alternate Director for the Spark Infrastructure Group. He was also a member of the Investment Board Committee of the Financial Services Council for six years.

Mr Fay has been a Non-Executive Director of Victoria Power Networks, CitiPower and Powercor, and of SA Power Networks since 2011. He is also a member of the Remuneration Committees of each business.

Anne McDonald BEc, FCA

Anne McDonald BEc, FCA

Chair of Audit and Risk Management Committee and Independent Director (since January 2009)

Ms McDonald is a Non-Executive Director of listed entities, including the GPT Group and Speciality Fashion Group Limited. She was appointed to the Board of Sydney Water Corporation in 2013.

Ms McDonald served as a partner of Ernst & Young for 15 years until 2005. She has broad based business and financial experience, gained through working with a wide cross section of international and local companies, assisting them with audit, transaction due diligence and regulatory and accounting requirements. She was a Board member of Ernst & Young Australia for 7 years and acts as an advisor to the Norton Rose Fullbright Australian Partnership Council.

Ms McDonald has been a Non-Executive Director of Victoria Power Networks, CitiPower and Powercor since 2009. In addition, she is Chair of the Audit Committee of Victoria Power Networks and a member of its Risk and Compliance Committee.

Christine McLoughlin BA, LLB (Hons), FAICD

Christine McLoughlin BA, LLB (Hons), FAICD

Independent Director (since October 2014)

Ms McLoughlin was appointed as an independent Non-Executive Director from 1 October 2014. Ms McLoughlin has over 25 years’ experience as a financial services and legal executive with iconic brands in financial services (AMP and IAG), telecommunications (Optus) and professional services industries in Australia, the UK and Asia. 

Ms McLoughlin is also a Director of Suncorp Group Limited, nib Holdings Limited and Whitehaven Coal Limited.  She was formerly a Director of Westpac’s Insurance Businesses and was the inaugural Chair of Australian Payments Council.  She is Chairman of Stadium Australia and a Member of the Minter Ellison Advisory Council.

Karen Penrose BCom, CPA, GAICD

Karen Penrose BCom, CPA, GAICD

Independent Director (since October 2014)

Ms Penrose was appointed as an independent Non-Executive Director from 1 October 2014.  Ms Penrose has a strong background and experience in business, finance and investment banking, in both the banking and corporate sectors.  She is a full-time non-executive director. Her prior executive career includes 20 years with Commonwealth Bank and HSBC and eight years as a Chief Financial Officer and Chief Operating Officer with two ASX listed companies. Ms Penrose served Chief Executive Women (CEW) for six years as a member of CEW’s Council and continues as member of the advisory panel for CEW’s Leaders Program.

Ms Penrose is Chair of the Audit Committee and member of the Risk Committee of Vicinity Limited. She was formerly Deputy Chair and Chair of the Audit and Risk Committee of Silver Chef Limited until February 2015 and is a Director of AWE Limited, UrbanGrowth NSW, and Marshall Investments Pty Limited, and Future Generation Global Investment Company (pro bono role).

Karen Penrose has a strongbackground and experience

Dr. Keith Turner BE(Hons), ME, PhD Elec Eng

Dr. Keith Turner BE(Hons), ME, PhD Elec Eng

Independent Director (since March 2009)

Dr Turner possesses extensive experience in the New Zealand energy sector. He served as Chief Executive Officer of Meridian Energy Limited from 1999 to 2008. Prior to that, he worked as a private energy expert advising a range of large corporate clients and Government. He has previously served in a number of senior roles in establishing Contact Energy, and in the Electricity Corporation of New Zealand, and the New Zealand Electricity Department, as well as many industry reform roles.

He is a Director of Chorus NZ Limited and was Deputy Chair of Auckland International Airport until October 2014.  Dr Turner is Chair of Fisher & Paykel Appliances Limited.  He is also Chair of New Zealand’s America’s Cup challenge “Emirates Team New Zealand Ltd”.

Dr Turner has been a Non-Executive Director of SA Power Networks, Victoria Power Networks, CitiPower and Powercor since 2009.

Mr Greg Martin BEc, LLB, FAIM, MAICD

Mr Greg Martin BEc, LLB, FAIM, MAICD

Independent Director (since January 2017)

Mr Greg Martin BEc, LLB, FAIM, MAICD
Independent Director (since January 2017)

Mr Martin is Chair of Iluka Resources Limited, a director of Santos Limited, Deputy Board Chair of Western Power and Chair of Sydney Desalination Plant. Mr Martin is a member of the COAG Energy Council Energy Appointments Selection Panel.

Mr Martin has over 35 years’ experience in the energy, utility and infrastructure sectors in Australia, New Zealand and internationally, having spent 25 years with The Australian Gas Light Company (“AGL”), including five years as CEO and Managing Director. After AGL, Mr. Martin was CEO of the infrastructure division of Challenger Financial Services Group and, subsequently, CEO and Managing Director of Murchison Metals Limited.