Directors

Our highly regarded and well-qualified directors ensure that Magellan is run in the interests of share holders, clients and staff.

Collection

Hamish McLennan

Hamish McLennan

Chairman and Non-Executive Director

Hamish McLennan was appointed as a Non-Executive Director on 1 March 2016. Hamish was appointed Chairman on 6 February 2022.

Hamish McLennan has over 30 years' experience in corporate leadership and governance oversight roles both in Australia and globally. He is currently Chairman of REA Group Limited (appointed 21 February 2012 and Chairman since 10 April 2012), a global online real estate advertising company, Chairman of HT&E Limited (appointed 30 October 2018), an Australian media and entertainment company, and Chairman of Rugby Australia (appointed June 2020). Hamish is also a Non-Executive Director of the tech firm Claim Central Consolidated (since January 2020) and an independent director of Scientific Games, a US gaming and lottery company (since November 2020). He was previously Executive Vice President, Office of the Chairman, News Corporation, and Global Chairman & CEO of Young & Rubicam (Y&R) in New York, part of WPP, the world's largest communications services group. Mr McLennan joined Young & Rubicam in 2002 as Chairman and CEO of Y&R Brands Australia/New Zealand, one of the largest marketing services groups in Australasia, and led the firm's global business operations from 2006 to 2011. He was also previously Executive Chairman and Chief Executive Officer (March 2014 to July 2015) and Chief Executive Officer and Managing Director (February 2013 to March 2014) of Australian media company Ten Network Holdings Limited. He has previously served on the Boards of Directors for the United Negro College Fund (UNCF) and the US Ad Council.

Committees
Member of the MFG Audit and Risk Committee
Member of the MFG Remuneration and Nominations Committee

Robert Fraser

Robert Fraser

Deputy Chairman and Non-Executive Director

Robert Fraser was appointed as a Non-Executive Director on 23 April 2014. Robert was appointed Deputy Chairman on 6 February 2022.

Robert is a company director and corporate adviser with over 30 years of investment banking experience, specialising in mergers and takeovers, corporate and financial analysis, capital management and equity capital markets. He is presently the Managing Director of TC Corporate Pty Limited, the corporate advisory division of Taylor Collison Limited stockbrokers of which he is a Director and principal. Robert has a Bachelor of Economics and Bachelor of Laws (Hons) degrees from the University of Sydney and is also qualified as a licensed business broker and licensed real estate agent. He is Chairman of Magellan Asset Management Limited, the Responsible Entity and main operating subsidiary of Magellan Financial Group. Robert currently serves on the Boards of ARB Corporation Limited (since February 2004), F.F.I. Holdings Limited (since October 2011) and MFF Capital Investments Limited (since May 2019).

Committees
Chairman of the MFG Audit and Risk Committee
Member of the MFG Remuneration and Nominations Committee

David George

David George

CEO/CIO and Managing Director

David George joined Magellan in 2022. As CEO/CIO and Managing Director, he is responsible for Magellan's operations, including its investment functions.

Prior to Magellan, David's career spans over 20 years in institutional investment management across analytical roles, investment management and organisational leadership in Australia and Canada. 

Most recently, David spent 14 years at the Future Fund (Australia's Sovereign Wealth Fund). This included roles evaluating and investing alongside external investment managers, leadership of a sector team, and finally as Deputy Chief Investment Officer, Public Markets with responsibility for equities, credit, derivative overlays, public market alternatives, cash and treasury. David also served as a member of the firm-wide Senior Management Team and on all relevant internal investment portfolio management and risk committees.

Prior to the Future Fund, David held senior roles at Mercer Investment Consulting, the Royal Bank of Canada and Integra Capital Management.

David is a CFA and CAIA Charterholder and holds a Bachelor of Arts (Economics) degree from Western University in Canada. 

David Dixon

David Dixon

Non-Executive Director

David Dixon was appointed as a Non-Executive Director on 15 December 2022.

David Dixon has over 30 years' experience in leading and growing investment businesses within the funds management industry. He has extensive experience as a senior investment leader, board trustee and director of companies. From 2013 – 2020, David was Chief Investment Officer, Equities at First Sentier Investors (formerly Colonial First State Global Asset Management) ("FSI"). In this role, David was responsible for the Australian based equity teams managing domestic and international equities. He also was responsible for the global equities dealing teams in Australia and overseas. From 2003 – 2013 he was FSI's Global Chief Investment Officer, where he was responsible for the investment functions within the entity, of the Australian and global equities, global infrastructure, global resources, global property, quantitative equites, fixed income, private equity investments, economics and market research.

Prior to FSI, David was the Head of Equities (1995 – 2002) and Chief Investment Officer (2002 – 2003) at Insurance Australia Group Limited. From 1986 - 1995 he held numerous roles at Westpac Investment Management including equity analyst, portfolio manager and Head of Corporate Research.

David is currently a Non-Director Member of the Aware Super Investment Committee (appointed January 2021). He also previously held directorial roles across a number of Commonwealth Bank of Australia subsidiaries within the Wealth Management division along with member roles on ASIC's Market Supervision Advisory Panel and the Financial Services Council Investment Board.

David was awarded the Financial Services Council Industry Excellence Award in 2012. He holds a Bachelor of Business (Finance and Economics) from the University of Technology Sydney.

Colette Garnsey, OAM

Colette Garnsey, OAM

Non-Executive Director

Colette Garnsey OAM was appointed as Non-Executive Director on 30 November 2020.

Colette Garnsey OAM has 40 years' experience in retail, marketing and distribution. She has played a key role in the development and growth of the Australian retail industry using her established experience in branding, consumer insights, digital and marketing.

Colette is currently Chair of Laser Clinics Australia (appointed to the Board in November 2020 and Chairman since October 2021). She is also currently a Non-Executive Director Chairman of Australian Wool Innovation Limited (appointed 18 November 2011 and Chairman from since 9 November 2018 to March 2021), the R&D and marketing organisation for the Australian wool industry. She is also a Non-Executive Director of Flight Centre Travel Group (appointed 7 February 2018), Seven West Media Limited (appointed 12 December 2018), Laser Clinics Australia (appointed November 2020) and Loreto Normanhurst (appointed January 2021).

Colette has previously held senior roles with David Jones, Pacific Brands and Premier Investments. She has also held directorial and advisory positions for government boards and not-for-profit enterprises, including the CSIRO (1997 – 2001), Australian Government Innovation Council (2010 - 2012), Federal Trade and Investment Ministers (2014 – 2018), Australian Fashion Week (1998 – 2009) and the Melbourne Fashion Festival (2006 – 2013).

Colette was awarded the Medal of the Order of Australia in 2012 for services to business and professional organisations. She holds an Executive MBA from the Graduate School of Business at Stanford University.

Committees
Member of MFG Audit and Risk Committee
Member of MFG Remuneration and Nominations Committee

John Eales, AM

John Eales, AM

Non-Executive Director

John Eales AM was appointed as a Non-Executive Director on 1 July 2017.

John graduated from the University of Queensland in 1991 and enjoyed a 10 year international sporting career with the Australian rugby team from 1991, captaining the Wallabies from 1996 until 2001.

John has served as an executive, adviser, director and investor in a number of listed and unlisted private organisations. John co founded the Mettle Group in 2003 – a corporate consultancy which was acquired by Chandler Macleod in 2007.

John currently sits on the ASX boards of Magellan Financial Group, Flight Centre Travel Group and is the Chair of Trajan Group Holdings.

He also sits on the board of FUJIFILM Data Management Solutions Pty Ltd and Executive Health Solutions. He continues to serve as a consultant to major Australian companies, including Westpac. John has been a regular columnist in both the Australian Financial Review and The Australian over the last 20 years and is the author of two books, Learning from Legends Sport and Learning from Legends Business. He is the Chair of the World Rugby Hall of Fame Selection Panel and on the Rugby Australia Bid Advisory Committee for the Rugby World Cup 2027.

He was made a Member of the Order of Australia in 1999 for services to the community and rugby and is a Patron of the Melanoma Foundation, Hearts in Union and the Champagnat Trust.

John holds a Bachelor of Arts from the University of Queensland and is a graduate of the Australian Institute of Company Directors.

Committees
Member of the MFG Audit and Risk Committee
Chairman of the MFG Remuneration and Nominations Committee

Robert Fraser

Robert Fraser

Chairman of Magellan Asset Management Limited

Robert Fraser was appointed as a Non-Executive Director on 23 April 2014. Rob was appointed Chairman on 5 June 2019.

Robert is a company director and corporate adviser with over 30 years of investment banking experience, specialising in mergers and takeovers, corporate and financial analysis, capital management and equity capital markets. He is presently the Managing Director of TC Corporate Pty Limited, the corporate advisory division of Taylor Collison Limited stockbrokers of which he is a Director and principal. Robert has a Bachelor of Economics and Bachelor of Laws (Hons) degrees from the University of Sydney and is also qualified as a licensed business broker and licensed real estate agent. Robert currently serves on the Boards of ARB Corporation Limited (since February 2004), F.F.I. Holdings Limited (since October 2011) and MFF Capital Investments Limited (since May 2019).

Committees
Chairman of the MFG Audit and Risk Committee
Member of the MFG Remuneration and Nominations Committee

David Dixon

David Dixon

Deputy Chairman and Non-Executive Director

David Dixon was appointed as Deputy Chairman and Non-Executive Director of Magellan Asset Management Limited on 1 November 2022.

David Dixon has over 30 years' experience in leading and growing investment businesses within the funds management industry. He has extensive experience as a senior investment leader, board trustee and director of companies. From 2013 – 2020, David was Chief Investment Officer, Equities at First Sentier Investors (formerly Colonial First State Global Asset Management) ("FSI"). In this role, David was responsible for the Australian based equity teams managing domestic and international equities. He also was responsible for the global equities dealing teams in Australia and overseas. From 2003 – 2013 he was FSI's Global Chief Investment Officer, where he was responsible for the investment functions within the entity, of the Australian and global equities, global infrastructure, global resources, global property, quantitative equites, fixed income, private equity investments, economics and market research.

Prior to FSI, David was the Head of Equities (1995 – 2002) and Chief Investment Officer (2002 – 2003) at Insurance Australia Group Limited. From 1986 - 1995 he held numerous roles at Westpac Investment Management including equity analyst, portfolio manager and Head of Corporate Research.

David is currently a Non-Director Member of the Aware Super Investment Committee (appointed January 2021). He also previously held directorial roles across a number of Commonwealth Bank of Australia subsidiaries within the Wealth Management division along with member roles on ASIC's Market Supervision Advisory Panel and the Financial Services Council Investment Board.

David was awarded the Financial Services Council Industry Excellence Award in 2012. He holds a Bachelor of Business (Finance and Economics) from the University of Technology Sydney.

Kirsten Morton

Kirsten Morton

Chief Operating Officer & CFO

Kirsten joined Magellan in June 2013. Kirsten was appointed as a Director on 5 October 2018.

Prior to Magellan, Kirsten gained 20 years' experience in funds management (real estate), banking and media. Kirsten has held various finance positions including Head of Finance – ASX Listed & Unlisted Property/REITs at Colonial First State Global Asset Management, Group Financial Controller roles at The GPT Group and Fairfax Media, and 12 years at PricewaterhouseCoopers in audit, accounting consulting services and insolvency management, in both Australia and the US.

Kirsten is a Fellow of the Institute of Chartered Accountants, actively involved in the Chartered Accountants Program, a board member of the financial reporting panel for the Australian Institute of Chartered Accountants and honorary auditor for Glaucoma Australia.

David George

David George

CEO, Managing Director and CIO

David joined Magellan in July 2022. As CEO, Managing Director and CIO he has overall responsibility for Magellan's operations, including its investment functions.

Prior to Magellan, David's career spans over 20 years in institutional investment management across analytical roles, investment management and organisational leadership in Australia and Canada. 

Most recently, David spent 14 years at the Future Fund (Australia's Sovereign Wealth Fund). This included roles evaluating and investing alongside external investment managers, leadership of a sector team, and finally as Deputy Chief Investment Officer, Public Markets with responsibility for equities, credit, derivative overlays, public market alternatives, cash and treasury. David also served as a member of the firm-wide Senior Management Team and on all relevant internal investment portfolio management and risk committees.

Prior to the Future Fund, David held senior roles at Mercer Investment Consulting, the Royal Bank of Canada and Integra Capital Management.

David is a CFA and CAIA Charterholder and holds a Bachelor of Arts (Economics) degree from Western University in Canada.

John Eales, AM

John Eales, AM

Non-Executive Director

John Eales AM was appointed as a Non-Executive Director on 1 July 2017.

John graduated from the University of Queensland in 1991 and enjoyed a 10 year international sporting career with the Australian rugby team from 1991, captaining the Wallabies from 1996 until 2001.

John has served as an executive, adviser, director and investor in a number of listed and unlisted private organisations. John co founded the Mettle Group in 2003 – a corporate consultancy which was acquired by Chandler Macleod in 2007.

John currently sits on the ASX boards of Magellan Financial Group, Flight Centre Travel Group and is the Chair of Trajan Group Holdings.

He also sits on the board of FUJIFILM Data Management Solutions Pty Ltd and Executive Health Solutions. He continues to serve as a consultant to major Australian companies, including Westpac. John has been a regular columnist in both the Australian Financial Review and The Australian over the last 20 years and is the author of two books, Learning from Legends Sport and Learning from Legends Business. He is the Chair of the World Rugby Hall of Fame Selection Panel and on the Rugby Australia Bid Advisory Committee for the Rugby World Cup 2027.

He was made a Member of the Order of Australia in 1999 for services to the community and rugby and is a Patron of the Melanoma Foundation, Hearts in Union and the Champagnat Trust.

John holds a Bachelor of Arts from the University of Queensland and is a graduate of the Australian Institute of Company Directors.

Committees
Member of the MFG Audit and Risk Committee
Chairman of the MFG Remuneration and Nominations Committee

Hamish McLennan

Hamish McLennan

Non-Executive Director

Hamish McLennan was appointed as a Non-Executive Director on 1 March 2016.

Hamish McLennan has over 30 years' experience in corporate leadership and governance oversight roles both in Australia and globally. He is currently Chairman of REA Group Limited (appointed 21 February 2012 and Chairman since 10 April 2012), a global online real estate advertising company, Chairman of HT&E Limited (appointed 30 October 2018), an Australian media and entertainment company, and Chairman of Rugby Australia (appointed June 2020). Hamish is also a Non-Executive Director of the tech firm Claim Central Consolidated (since January 2020) and an independent director of Scientific Games, a US gaming and lottery company (since November 2020). He was previously Executive Vice President, Office of the Chairman, News Corporation, and Global Chairman & CEO of Young & Rubicam (Y&R) in New York, part of WPP, the world's largest communications services group. Mr McLennan joined Young & Rubicam in 2002 as Chairman and CEO of Y&R Brands Australia/New Zealand, one of the largest marketing services groups in Australasia, and led the firm's global business operations from 2006 to 2011. He was also previously Executive Chairman and Chief Executive Officer (March 2014 to July 2015) and Chief Executive Officer and Managing Director (February 2013 to March 2014) of Australian media company Ten Network Holdings Limited. He has previously served on the Boards of Directors for the United Negro College Fund (UNCF) and the US Ad Council.

Committees
Member of the MFG Audit and Risk Committee
Member of the MFG Remuneration and Nominations Committee

Colette Garnsey, OAM

Colette Garnsey, OAM

Non-Executive Director

Colette Garnsey OAM was appointed as Non-Executive Director on 30 November 2020.

Colette Garnsey OAM has 40 years' experience in retail, marketing and distribution. She has played a key role in the development and growth of the Australian retail industry using her established experience in branding, consumer insights, digital and marketing.

Colette is currently Chair of Laser Clinics Australia (appointed to the Board in November 2020 and Chairman since October 2021). She is also a Colette is currently a Non-Executive Director Chairman of Australian Wool Innovation Limited (appointed 18 November 2011 and Chairman from since 9 November 2018 to March 2021), the R&D and marketing organisation for the Australian wool industry. She is also a Non-Executive Director of Flight Centre Travel Group (appointed 7 February 2018), Seven West Media Limited (appointed 12 December 2018), Laser Clinics Australia (appointed November 2020) and Loreto Normanhurst (appointed January 2021).

Colette has previously held senior roles with David Jones, Pacific Brands and Premier Investments. She has also held directorial and advisory positions for government boards and not-for-profit enterprises, including the CSIRO (1997 – 2001), Australian Government Innovation Council (2010 - 2012), Federal Trade and Investment Ministers (2014 – 2018), Australian Fashion Week (1998 – 2009) and the Melbourne Fashion Festival (2006 – 2013).

Colette was awarded the Medal of the Order of Australia in 2012 for services to business and professional organisations. She holds an Executive MBA from the Graduate School of Business at Stanford University.

Committees
Member of MFG Audit and Risk Committee
Member of MFG Remuneration and Nominations Committee