© 2021
Argo Investments Limited
ABN 35 007 519 520
Non-executive Chairman (Independent)
BEc, FAICD
Russell Allan Higgins joined the Board in 2011 and was appointed Chairman on 1 July 2018. He is also a member of the Remuneration Committee.
Russell is an experienced company director who has worked at very senior levels of both government and private sectors. Russell has extensive experience in the energy sector and in the development of economic and fiscal policy, both in Australia and internationally. He is also Chairman of Argo Global Listed Infrastructure Ltd and Telstra Foundation Ltd. He was previously a non-executive Director of APA Group, Telstra Corporation Ltd, Ricegrowers Ltd and Leighton Holdings Ltd.
Russell had a highly-acclaimed career with the Commonwealth of Australia Public Service and was Chairman of the Prime Minister’s Energy Task Force from 2003 to 2004. Prior to this, he was Secretary and Chief Executive Officer, Department of Industry, Science and Resources; after being Executive Director, Resources and Energy Group, Department of Primary Industries and Energy; and previously had held various positions in Treasury and the Department of Finance, and worked at the OECD in Paris.
In addition, Russell is a former Chairman of Snowy Hydro-Electric Scheme, Cooperative Research Centre for Coal in Sustainable Development, APEC Energy Working Group; a former non-executive Director of Export Finance and Insurance Corporation, CSIRO, Austrade, Australian Industry Development Corporation, Australian Biodiesel Group Ltd, Australian Sports Commission; and a former member of the Australian Government Joint Economic Forecasting Group, National Grid Management Council and COAG Gas Reform Task Force. In 2006-07, Russell was a member of the Prime Ministerial Task Group on Emissions Trading.
Non-executive Director
(Independent)
BCom(Hons), FCA, FAICD
Anne Bernadette Brennan joined the Board in 2011. She is currently Chair of the Audit & Risk Committee.
Anne is an experienced company director who has a chartered accounting and corporate background. She is currently a non-executive director of Tabcorp, Spark Infrastructure Group, NSW Treasury Corporation and Rabobank New Zealand. She was previously a non-executive director of Echo Entertainment Group, Metcash, Myer Holdings, Charter Hall Group and Nufarm.
Anne brings strong financial credentials and business experience to the Company, having worked in a variety of senior management roles in both professional accounting firms and large corporations.
During her executive career, Anne was the Finance Director of Coates Group and the Chief Financial Officer of CSR. Prior to her role at CSR, she was a partner of KPMG, Andersen and Ernst & Young.
Anne is a Fellow of the Institute of Chartered Accountants in Australia, a Fellow of the Australian Institute of Company Directors and holds a Bachelor of Commerce (Honours) from University College Galway.
Non-executive Director
(Independent)
BCom, FCA, FFin, FAICD
Christopher Edgar Cuffe joined the Board in 2016 and is a member of the Audit & Risk Committee. He has more than 30 years of experience in wealth management practices. Most notably he joined Colonial First State in 1988 and became its CEO two years later, leading the company from a start-up operation to become Australia’s largest investment manager.
In 2003, Chris became the CEO of Challenger Financial Services Group and subsequently headed up Challenger’s Wealth Management business. He is now involved in a portfolio of activities including a number of directorships, managing public and private investments and in various roles assisting the non-profit sector.
Chris is currently chairman of Hearts & Minds Investments and a non-executive director of Global Value Fund and Antipodes Global Investment Company. He was previously a non-executive director of Class and UniSuper.
In 2007, Chris was inducted into the Australian Fund Manager’s Hall of Fame for services to the investment industry.
Non-executive Director
(Independent)
BEc(Hons), MPhil(Oxon), FCPA
Roger Andrew Davis joined the Board in 2012. He is currently Chair of the Remuneration Committee.
His extensive executive career includes over 30 years’ experience in banking and investment banking in Australia, Japan and the US. He spent more than 20 years working with Citigroup in a variety of senior management roles globally, including as a Managing Director, and was also a Group Managing Director at ANZ. He is now a consultant at Rothschild Australia and chairman of AIG Australia.
Roger was a Rhodes Scholar and is currently a non-executive director of Charter Hall Retail. He was previously a non-executive director and chairman of Bank of Queensland and Charter Hall Office REIT and a non-executive director of Ardent Leisure, The Trust Company and Aristocrat Leisure.
Non-executive Director
(Independent)
GAICD
Elizabeth Anne Lewin was appointed to the Board on 1 July 2018 and is currently a member of the Remuneration Committee.
She has over 25 years of international experience in the financial services sector, with an extensive background in wealth management, investment banking and superannuation as a director and a senior executive.
Her executive experience includes leading large investment banking and wealth management teams in Europe and Australia with UBS Wealth Management.
Elizabeth is also a Non-executive Director of Australian Chamber Orchestra.
Non-executive Director
(Independent)
BEc, FCA, FCPA, FIPA, FGIA, FAICD
Joycelyn Cheryl Morton joined the Board in 2012 and is a member of the Audit & Risk Committee.
Joycelyn has an extensive financial background with particular expertise in taxation matters. She enjoyed a long and successful executive career, initially in chartered accounting, followed by senior management roles with Woolworths Ltd and global leadership roles in Australia and internationally within the Shell Group of companies, including Vice President, Accounting Services, based in the Netherlands. She has also held a variety of government and international advisory positions.
Joycelyn’s other current board positions are with Argo Global Listed Infrastructure Ltd, Beach Energy Ltd, Felix Group Holdings and ASC Pty Ltd. She has valuable board experience across a range of industries, including previous roles as a non-executive director and Chair of Noni B Ltd and Thorn Group Ltd, and a non-executive director of Crane Group Ltd, Invocare Ltd, Count Financial Ltd and Snowy Hydro Ltd.
Joycelyn holds a Bachelor of Economics degree from the University of Sydney and has completed a senior executive program at INSEAD Business School.
Managing Director
BEng, GdipAppFin(SecInst)
Jason was appointed Managing Director in February 2014 after four years as Chief Executive Officer. He has over 20 years’ experience in the investment industry.
After completing an engineering degree while working in the mining industry, Jason became a research analyst in the resources sector with Hartley Poynton and Deutsche Bank. He then moved to funds management in 2001 when he joined Argo as an investment analyst. He was appointed Chief Investment Officer of Argo in 2008 and Chief Executive Officer in 2010. He is also Managing Director of Argo Global Listed Infrastructure.
Chief Operating Officer
BEc, CA, FGIA, GAICD
Tim joined Argo in 2007, has been Company Secretary since 2010 and was appointed Chief Operating Officer in 2015. He is a Chartered Accountant and a Chartered Company Secretary, with an extensive background in a variety of roles within the funds management, stockbroking and accounting sectors.
His experience in Australia includes audit and insolvency roles with Coopers & Lybrand (now PricewaterhouseCoopers), institutional stockbroking with ABN Amro and retail stockbroking with Goldman Sachs JB Were. He also spent 10 years in London, working in management accounting, stock lending and equity trading roles across UK and European share markets with AMP Asset Management (now Henderson) and Capital Group.
Chief Financial Officer
BBus, SA Fin
Andrew joined Argo as an accountant in 1993 and was appointed Chief Financial Officer in 2010.
He has over 30 years’ experience in financial and investment accounting and has extensive experience in the management and application of the Hiportfolio investment and fund accounting software application.
Previously, Andrew was with the State Government Insurance Commission (SGIC) managing an investment team responsible for accounting, taxation and reporting for equity, cash and cash equivalents, and property investments.
Senior Investment
OfficerBComm (Hons), CFA
Andy joined Argo in 2010 as an Investment Analyst and was promoted to Senior Investment Officer in 2015. Andy has over 20 years experience as an analyst and portfolio manager.
Prior to joining the Company, Andy was a founding partner and portfolio manager at boutique fund manager, Cannae Capital. His experience also includes portfolio manager positions at Deutsche Asset Management, State Street Global Advisors and as an equities analyst at Westpac Investment Management.
Investment Analyst
BEc
Paul Frost re-joined Argo in January 2015 as an Investment Analyst. He previously served as an Investment Executive at Argo from 1997-2003. Paul has over 18 years’ experience as an investment analyst and portfolio manager.
Prior to re-joining the Company, Paul was a portfolio manager at boutique fund manager, PM Capital. His experience also includes roles as a senior portfolio manager at Investors Mutual, credit research manager in Westpac’s Institutional Banking Group and several years in chartered accounting.
Investment Analyst
BComm
Brydie Lloyd-Roberts joined Argo in 2004 as an Investment Analyst. Brydie has over 15 years’ experience in equities research across the market for listed investment companies.
Prior to this Brydie worked at investment bank UBS AG. She has a Commerce degree from the University of Sydney, an Advanced Certificate of Analysis from UTS and has completed level one of the CFA program.
Investment Analyst
BA (Hons)
Accounting and Finance, CFA
Colin Whitehead joined the company in 2012 as an Investment Analyst and has over 15 years of industry experience.
Before joining Argo, Colin was Head of Research at a leading Australian equities research house. His earlier experience includes analyst roles with State Street Bank and BNP Paribas in Sydney, prior to NatWest Investments and State Street Bank in London. Colin is a Chartered Financial Analyst with an undergraduate degree in Accounting and Finance.
Investment Analyst
BComm, CFA
Andrew Moller joined Argo in 2017 as an Investment Analyst and has over 10 years’ experience analysing listed companies across multiple sectors and regions.
Before joining the Company, Andrew worked as an equity research analyst at Shaw and Partners. His experience also includes roles as a Director in the UBS equities research team, an analyst in Morgan Stanley’s equity research team and various accounting roles. Andrew is a Chartered Financial Analyst and holds a Bachelor of Commerce degree from the University of New South Wales.
Operations Officer
BScFin, CPA
Steve joined Argo in 2012. He has 13 years’ experience in financial, investment and tax accounting and has also significant experience in corporate information technology and website development.
Prior to joining Argo, Steve worked in accounting firms, providing taxation accounting and general business advice to clients.
He studied finance at Adelphi University US, while on athletic scholarship, and was a co-captain of the 2014 Australian Men’s Lacrosse team.
Legal Officer
LLB(Hons), BCom(Acc), GDipLegal, AGIA ACG (CS)
Josephine joined Argo as in-house legal counsel in 2014.
Josephine is an experienced corporate and commercial lawyer whose specialist skills include risk, company secretarial and financial services industry compliance.
She holds a current legal practising certificate and a graduate diploma in applied corporate governance.
She has previously held legal and commercial roles at ElectraNet, Thomson Geer and Ferrier Hodgson.
Communications Manager
LLB BA GradDipJournalism
Meredith joined Argo in 2018 as the Company’s inaugural Communications Manager. She has more than 15 years’ experience in corporate communications, investor relations and stakeholder engagement across a range of industries, including the listed investment company (LIC) sector.
Meredith is a qualified lawyer previously working for a multi-national law firm in Western Australia. While on a student exchange in Washington DC, she interned for a senior US Congresswoman.
In addition to her law degree, Meredith completed an arts degree (communications and history double major), and a post graduate diploma in journalism.
Administration and Marketing
Lesley-May joined Argo in 2017. She has more than a decade of marketing and sales experience with extensive knowledge and experience in design and web content applications.
Previously, Lesley-May managed marketing and sales for a distribution company in the healthcare industry. She also has considerable experience providing administrative support for companies, including Jones Lang LaSalle, Morgan Lewis, Mysis and Osborne Clarke in London.
Lesley-May holds qualifications in business and marketing from the Australian College of Business and Management.
Administration
Cheryl joined Argo as an investment clerk in 1994 and during her 27 years with the Company has undertaken a number of roles including investment clerk, share registry, receptionist and administration.
She has over 30 years’ experience in the application of the Hiportfolio investment and fund accounting software. More recently, Cheryl has assisted with the set-up and management of the Company website.
Previously, Cheryl was with the State Government Insurance Commission (SGIC) for seven years as part of the investment team.
Administration
Sharon joined Argo as a receptionist in 1985 and during her 35 years with the Company has undertaken a number of roles including reception, share registry, administration and payroll.
She has seen many changes during this time, especially in technology. Sharon’s skills and experience allow her to assist in several areas across the Company.
Sharon worked for a chartered accounting firm prior to joining Argo.