Board of Directors
Dr Doug McTaggart PhD, MA(Econ), BEc(Hons), DUniv, FAICD, SF Fin
Chairman and Independent Director
Dr McTaggart is a director of the Suncorp Group and Chair of its Audit Committee. He is Chair of of the QIMR Berghofer Medical Research Institute Council and also of Suncentral Maroochydore Pty Ltd. He is a member of the Economic Development Advisory Panel for the NSW Government and the Australian National University Council.
Dr McTaggart has extensive experience in financial markets, having been Chief Executive of QIC Limited (1998–2012). Prior to QIC, he was Under Treasurer and Under Secretary of the Queensland Department of Treasury and had a distinguished academic career. He has served in various expert advisory roles to government and on several industry representative bodies.
Dr McTaggart is a member of the Nomination and Remuneration Committee.
Rick Francis BCom, MBA, CA, FAICD
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
Mr Fay is a director of BT Investment Management Limited, J O Hambro Capital Management Holdings Limited, Gateway Lifestyle Group and National Cardiac Pty Limited. He was previously Chair of Tasman Lifestyle Continuum Ltd and Deutsche Managed Investments Limited. Mr Fay was Chair of Deutsche Asset Management (Australia) Limited and associated companies until 2010 following a 20-year career in the financial services sector and has served on industry representative bodies.
Mr Fay is a director of Victoria Power Networks and of SA Power Networks, is a member of the Remuneration Committee of each business and is Chair of the SA Power Networks Audit Committee and a member of its Risk Management and Compliance Committee. Mr Fay is a member of the Audit Risk and Compliance Committee.
Anne McDonald BEc, FCA
Chair of Nomination and Remuneration Committee and Independent Director (since January 2009)
Ms McDonald is the Chair of WaterNSW, co-chair of Specialty Fashion Group Limited and a director of Link Administration Holdings Ltd (“Link Group”) and St Vincent’s Healthcare Limited. She is also chair of the Audit Committee of Specialty Fashion Group Limited. Ms McDonald was previously a director of GPT Group, Sydney Water Corporation and Westpac’s life insurance and general insurance businesses.
Ms McDonald was a partner of Ernst & Young for 15 years and was a Board member of Ernst & Young Australia for 7 years. She has broad based business and financial experience, working with international and local companies on audit, transaction due diligence, regulatory and accounting requirements.
Ms McDonald is a director of Victoria Power Networks and is Chair of Victoria Power Networks’ Audit Committee and a member of its Risk and Compliance Committee.
Ms McDonald is the Chair of the Nomination and Remuneration Committee and a member of the Audit Risk and Compliance Committee.
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, nib Holdings Limited and Whitehaven Coal Limited and Chair of Venues NSW. Ms McLoughlin was formerly Chair of Stadium Australia and a director of Westpac’s Insurance Businesses and was the inaugural Chair of Australian Payments Council. Ms McLoughlin is a member of the Nomination and Remuneration Committee.
Karen Penrose BCom, CPA, FAICD
Chair of Audit, Risk and Compliance Committee and Independent Director (since October 2014)
Ms Penrose is a director of Bank of Queensland Limited, Vicinity Centres, AWE Limited, Future Generation Global Investment Company Limited and Marshall Investments Pty Limited. Ms Penrose was formerly a director of UrbanGrowth NSW and Silver Chef Limited.
Ms Penrose has extensive experience in business, finance and investment banking in the banking and corporate sectors and is an experienced audit chair and member of due diligence committees.
Her executive career includes 20 years with Commonwealth Bank and HSBC and over eight years’ experience as Chief Financial Officer and Chief Operating Officer for two ASX listed companies.
Ms Penrose was a Council member of Chief Executive Women for six years and is a member of the advisory panel for the Chief Executive Women Leaders Program.
Ms Penrose is the Chair of the Audit, Risk and Compliance Committee.
Mr Greg Martin BEc, LLB, FAIM, MAICD
Independent Director (since January 2017)
Mr Martin is Chair of Iluka Resources 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 was previously a director of Santos Limited.
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.