BOARD OF DIRECTORS

Pip Dunphy

Independent Chair

Pip has worked as a non-executive director for the last 13 years. Recent governance roles include gas and electricity transmission, funds management and healthcare. Current appointments are Abano Healthcare, Fonterra Shareholders Fund, Transpower Ltd, Dangerous Goods Compliance Ltd and ANZ Investments Ltd.

Pip’s skills as a director cover the areas of governance, strategy, finance, regulation, risk management and capital management. In addition to acting in the capacity as board chair she has been a member of the audit, risk, due diligence, takeover and regulatory committees.

Qualifications include B Hort Sci from Lincoln College and a CFA (Chartered Financial Analyst), from the CFA Society USA.

Mark Ratcliffe

Non-Executive Director

Mark was the CEO and Managing Director of Chorus Limited from its demerger from Telecom New Zealand (now Spark Limited) in 2011 until 2017, previously the Chief Executive of Chorus since 2008 (Telecom). Mark was Interim Chief Executive of Waka Kotahi (the New Zealand Transport Agency) for 14 months to February 2020.

Mark has strong regulatory experience in his involvement with both regulators and the policy makers that determine policy. He is respected by both the Government and opposition leadership. He is also experienced with both network maintenance and major capex projects, and is an accomplished leader of large multi-disciplinary teams in a large company in a fast moving industry. Having been a senior executive of major New Zealand companies for twenty years, including 6 years as a CEO, he brings a wealth of connections and senior experience.

In addition to being a Non Executive Director and the Deputy Chair of Ultrafast Fibre, current major roles are Non Executive Director and Chair of First Gas, Independent Non Executive Director of ikeGPS and Non Executive Director and Chair of Spencer Henshaw.

Mark is also a Non Executive Director and Chair of Guildford Timber Company and WilliamsWarn Limited and a Board Member of Kaibosh Food Rescue.

Mark previously served as a Non Executive director of 2Degrees and Housing New Zealand (now known as Kainga Ora), a number of Telecom subsidiaries and from time to time a Telecom nominated board member on Telecom’s minority investments, including EDS NZ, Hutchison Australia and AOL7. Mark holds a Bachelor of Accounting, Huddersfield University, England (1981). He is a chartered member of the New Zealand Institute of Directors.

Gavin Kerr

Non-Executive Director

Gavin Kerr joined the Infrastructure Investments Team in October 2013 and is focused on investment management activities, as well as the origination and assessment of new investment opportunities. Gavin is a member of the Investment Committee for GDIF.

Gavin has been actively involved in the development of privately funded infrastructure businesses in various markets for more than 15 years, and for most of that time with the Macquarie Group. Gavin has been the chief executive of a number of infrastructure funds, a director of many infrastructure businesses, and a financial adviser to infrastructure projects.

Among Gavin’s past roles, he was the Chief Executive Officer of the Singapore listed Macquarie International Infrastructure Fund Limited, an owner and operator of a global portfolio of more than 10 infrastructure businesses with investments in the communications, toll roads, ports and renewable energy sectors. He was also the Chairman of Hua Nan Expressway, a 31km dual-carriage urban toll road in the city of Guangzhou, the capital of Guangdong province in China, and N3 Toll Concessions Pty Limited, a 420km toll road from Johannesburg to Durban, South Africa.

Prior to joining FSI, Gavin was an Executive Director at Macquarie Group, where he spent 17 years based in Sydney, Cape Town, Seoul and Singapore. His responsibilities included the development of Macquarie’s infrastructure funds business in new and emerging markets of Africa, the Middle East and Asia. Gavin’s responsibilities included infrastructure funds management, leading transactions and active asset management.

Gavin is a fellow of the Australian Institute of Chartered Accountants and has a Masters of Commerce from the University of New South Wales, Sydney.

Rob Campbell

Non-Executive Director

Rob has over 30 years’ experience in investment management and corporate governance. He is currently the chair of Tourism Holdings Limited, Summerset Group Holdings Limited and Skycity Entertainment Group. He is also a director of Precinct Properties Limited and various substantial private companies based in Australia and New Zealand. In addition, Rob is a director of, or advisor to, a number of hedge and private equity funds in several countries. He trained as an economist and has worked in a variety of capital market advisory and governance roles over a long period.

Carolyn Steele

Non-Executive Director

Carolyn has substantial experience in capital markets, mergers and acquisitions and investment management. She is currently a director of Green Cross Health Limited and Halberg Disability Sport Foundation. Carolyn is also a Trustee of the New Zealand Football Foundation and previous director of Datacom Group Limited. Until 2016, Carolyn was a Portfolio Manager at Guardians of New Zealand Superannuation, the Crown entity that manages the New Zealand Superannuation Fund. Carolyn was, until recently also a director of Metlifecare Limited. Prior to joining the Guardians in 2010, Carolyn spent ten years in investment banking at Forsyth Barr and Credit Suisse/First NZ Capital.

Nagaja Sanatkumar

Non-Executive Director

Nagaja is a Professional Non-Executive Director with over 20 years’ international executive and leadership experience. Nagaja studied chemical engineering at IIT Bombay and then moved to the US for a consulting role with Deloitte, before completing an MBA from the University of Washington. Through progressively senior leadership roles in the USA for leading commercial and technology organisations (notably Amazon & Expedia), she brings deep expertise in General Management, Strategy, Digital Technology, eCommerce, Customer-led Innovation and Commercial Scale across a variety of industry verticals and corporate structures. She moved to NZ with her family in 2015, and now runs a consulting practice alongside her corporate governance roles at New Zealand Post, Meridian Energy and the Cawthron Institute. Her most recent executive role (as of 2019) in NZ was General Manager – Global Digital at icebreaker.

Nagaja is passionate about sustainable futures; the future of our planet and our children, consumer behaviours, education, science and technology, and its ever-changing socio-economic impact. She enjoys motivating and inspiring people to continuously raise their standards for collaboration, execution and learning.