Corporate

Board of Directors

Mr Frank Zipfinger
Frank Zipfinger
LLB, LLM, BAcc, BEcon, MBA, AICD
Independent Chairman

Mr Frank Zipfinger has over 30 years' experience in the property industry.

Mr Zipfinger was formerly a partner in the Property, Construction & Environment practice of the Sydney office of Mallesons Stephen Jaques where he specialised in property investment and development. Mr Zipfinger was also the chairman of Mallesons Stephen Jaques from 1 February 2005 until 30 June 2010. Prior to this appointment, he completed over 5 years in various roles as a managing partner with the firm.

Mr Zipfinger is a member of the Australian Institute of Company Directors. He is also a member of the Executive Committee of the St Joseph’s College Indigenous Fund, a member of the Board of the Melbourne Business School, a council member to Macquarie University and a director of the Australian Youth Orchestra. He is the president of the Ski Lodges Association of Perisher, Smiggins and Guthega Inc.

Mr Zipfinger is a non-executive director of Galileo Japan Trust and is the chairman of the Investor Representative Committee of AMP Capital Wholesale Office Fund and chairman of the Investor Representative Committee of AMP Capital Wholesale Shopping Centre Fund. Mr Zipfinger is also a non-executive director of MHPF Premium Farms (Holdings) Pty Ltd and of the Northcare Foundation.

Mr Zipfinger was appointed a non-executive director on 31 January 2011 and chairman on 28 November 2011. Mr Zipfinger was appointed chairman of the Nomination Committee on 10 February 2012 and was appointed a member of the Audit Committee on 2 August 2011. Mr Zipfinger was chairman of the Remuneration Committee between 10 February 2012 and 22 June 2015.

Mr Clem Salwin
Clem Salwin
BA (Honours)
Chief Executive Officer

Mr Clem Salwin has over 25 years’ experience across real estate funds, investment, management, development, investment banking and corporate management.

Mr Salwin was most recently the acting Chief Executive Officer (“CEO”) of Valad Property Group, the ASX listed REIT, with operations across Australia and Europe.

Prior to Valad, Mr Salwin was a real estate investment banker with UBS, having been based both in Australia and Japan. Before then, he was with Bankers Trust Australia, responsible for real estate funds management.

Mr Salwin was appointed as managing director and CEO of Aspen from 1 July 2013.

 

Mr Hugh Martin
Hugh Martin
B.Bus,CPA,MAICD
Non-Executive Director

Mr Martin has enjoyed a successful career at director and senior executive levels with over 30 years’ experience in major institutions in the property industry, internationally and domestically. Mr Martin started his career as an accountant in South Africa before relocating to Australia.

Mr Martin was formerly an executive director of Lend Lease Limited.

From 1997 to 2001, Mr Martin was CEO of the joint venture between Mirvac and Lend Lease for the development, construction and sale of the Olympic Village, now known as the suburb of Newington in Sydney.

Mr Martin has previously held senior executive positions as finance director of Baulderstone Hornibrook, director of Property Investment with the State Authorities Superannuation Board of NSW (now Dexus), managing director of Leda Holdings, chief general manager of Homebush Bay Development Corporation, general manager of special projects at Westfield Holdings Limited, Executive Director for Vivas Lend Lease; and National General Manager for the Apartments Development Division at Stockland Corporation.

Appointed a non-executive director on 30 April 2012 and a member of the Audit Committee on 10 May 2012. He relinquished his position on the Audit Committee upon becoming the Interim CEO between 23 August 2012 and 30 June 2013.

From 1 July 2013, he has resumed his role as a non-executive director and as a member of the Audit Committee.

Mr Clive Appleton
Clive Appleton
BEc, MBA, AMP (Harvard), GradDip (Mktg), FAICD
Non-Executive Director

Mr Appleton has had a successful career in property and funds management with over 30 years’ experience in several of Australia’s leading retail property investment, management and development groups.

Mr Appleton’s early career was spent with the Jennings Group where, from 1986, he held senior executive roles, responsible for managing and developing the retail assets jointly owned by Jennings Properties Limited (JPL) and Jennings Property and Investment Group. In 1990, following a restructure of JPL to become Centro Properties Limited, Mr Appleton became managing director.

From 1997 to 2004, Mr Appleton was the managing director of the Gandel Group Pty Limited, one of Australia’s leading retail property investment, management and development groups.

From December 2011 to June 2015, Mr Appleton was a non-executive director of Federation Centres.

In 2005 Mr Appleton joined APN Property Group Limited as managing director.

Mr Appleton is currently a non-executive director of the Gandel Group, Arrow International Group Limited, APN Property Group Limited, Perth Airport Pty Ltd and Perth Airport Development Group Pty Ltd. He is also a council member of Cairnmillar Institute.

Appointed a non-executive director on 30 April 2012, the chairman of the Remuneration Committee on 22 June 2015 and a member of the Nomination Committee on 22 January 2013. Mr Appleton was a member of the Remuneration Committee between 10 May 2012 and 22 June 2015.

Mr Guy Farrands
Guy Farrands
Non-Executive Director

Mr Farrands has over 30 years' experience in direct and listed property markets both in Australia and internationally and across commercial, retail, industrial, residential and retirement asset classes. He was managing director and CEO of GEO Property Group (now Villa World Limited) between 2007 and 2011. Previously Mr Farrands was CEO of Valad Property Group between 2005 and 2007, departing prior to Valad's acquisition of Crownstone / Scarborough. Prior to that Mr Farrands was head of corporate development and investor relations for Valad.

Mr Farrands' former roles included division director of the real estate division of Macquarie Bank's Investment Banking Group where he managed IPOs, equity raisings and mergers and acquisitions, associate director and joint head of property for Heine Management Limited and Manager in the Investment Sales Department at Jones Lang LaSalle.

Appointed a non-executive director on 26 November 2012, a member of the Remuneration Committee on 22 January 2013, a member of the Nomination Committee on 22 January 2013 and Chairman of the Audit Committee on 22 January 2013.

Mr John Carter
John Carter
MBA (Syd), BAppSc (Property Resource Mgmt) (UniSA), AAPI, GAICD
Non-Executive Director

Mr Carter has over 30 years’ experience in real estate and financial markets. In 2004 Mr Carter established Mill Hill Capital to pursue investment opportunities in Real Estate, Agriculture and Equities.

Prior to this Mr Carter was managing director, co-head of Equities and on the Australian Executive Committee for UBS in Australasia from 2001 - 2004.

From 1991 - 2001 Mr Carter was head of property and head of real estate research at UBS. While at UBS, John led over $10 billion of M&A and $20 billion of capital raising transactions for Australia's leading companies including Colonial, Westfield, Stockland, GPT, Mirvac, AMP, Multiplex, Macquarie Airports and Bankers Trust.

Prior to UBS Mr Carter was involved in commercial real estate at two international real estate consultancy groups.

Appointed a non-executive director on 23 February 2015 and a member of the Remuneration Committee on 22 June 2015.