WARNING:  QUEENSLAND TREASURY CORPORATION RETAIL BOND SCAM ALERT

State Investment Advisory Board members

Board members are appointed by the Governor-in-Council, pursuant to section 10(2) of the Queensland Treasury Corporation Act 1988 on the recommendation of the Treasurer and in consultation with the Under Treasurer. Members are chosen on their ability and commitment to contribute to the State Investment Advisory Board’s performance and achievement of its stated objectives.

Dennis Molloy

Chair – Deputy Under Treasurer

Appointed 24 April 2024

Dennis commenced as Deputy Under Treasurer of the Economics and Fiscal Group in May of 2021. He has been closely involved in all Queensland State Budgets since 2010. He also worked as the Executive Director of Economic Policy in the Department of the Premier and Cabinet and took a particular interest in policies that would facilitate growth of the Queensland economy. Dennis started his career as an economist with the Commonwealth Treasury and enjoyed over a decade engaged in economic forecasting, competition policy, Commonwealth – state financial relations, and advising the Commonwealth Treasurer on the health, education, social security and defence portfolios.

Philip (Phil) Graham

BA (ECON, HONS), MCOM (FIN, HONS), CFA, GAICD

Member – Independent

Appointed 4 July 2019

Phil Graham has extensive experience in investment management, financial markets, and economic policy. He is an independent member of the Lonsec Asset Allocation Committee and a consultant to AustralianSuper.

Mr Graham was Senior Portfolio Strategist and Deputy Chief Investment Officer at Mercer from 2007–2018. He also held senior roles at QIC and Access Capital Advisors, and prior to this he worked for the Reserve Bank of Australia and the ANZ Banking Group.

Mr Graham is a past-President of the CFA Society of Melbourne and was the Presidents Council Representative for the CFA Asia Pacific North and Oceania region in 2015–2019. He currently serves on the CFA Disciplinary Review Committee.

Brendan O'Farrell

MBA, GAICD, DipSM

Member – Independent

Appointed 21 September 2023

Brendan O’Farrell is an experienced Non-Executive Director. He has more than 25 years’ financial services experience in senior executive roles including as Chief Executive Officer and Chief Investment Officer with his most recent role as Chief Executive Officer (including Chief Investment Officer) of Intrust Super from 2005 to 2021. Brendan currently runs his own consulting business, Maple Tree Consulting Pty Ltd.

Brendan’s current directorships include TUH Health Fund, (Member of the Risk and Audit Committees), investLogan Pty Ltd, Broncos Leagues Club Pty Ltd, Stadiums Queensland (Chair of Strategy and Planning Committee and Member of the Remuneration Committee), Alternate Director of Queensland Rugby Football League Limited, Chair of CMBM Facility Services Advisory Board and a Member of the Public Trustee Advisory and Monitoring Board.

William Ryan

BBUS (BANKING AND FIN), GRAD CERT POLICY ANALYSIS

Member ­– Queensland Treasury (ex-officio)

Appointed 19 November 2020

William Ryan is the Head of Fiscal, Queensland Treasury, with responsibilities for managing the State’s budget and balance sheet, and ensuring the long-term sustainability of Queensland’s fiscal position. He forms part of Queensland Treasury’s Senior Leadership Team and serves as a member of the Queensland Government Insurance Fund Governance Committee.

Prior to his current role, Mr Ryan held senior leadership roles in Queensland Treasury over a 19-year career. These roles have included developing investment programs, financial assurance modelling, infrastructure program and economic policy analysis.

Wendy Tancred

BCOM CPA DIPFP CSM GRAD CERT MGMT FFIN FAICD

Member ­– Independent

Appointed 21 September 2023

Wendy Tancred has more than 35 years’ experience in the financial services industry, including banking, financial planning and superannuation. Following executive roles within AMP and Westpac she was the Chief Executive Officer of two superannuation funds and a trustee director.

Whilst also having Chief Executive Officer and director roles in other industries, the majority of Wendy’s career has been in highly regulated sectors, ensuring strong risk management and governance capability. She has deep investment expertise gained across multiple roles with a focus on long term drivers of sustainable outcomes.

Cate Wood AM

BSS, DIP FP, GAICD

Member – Independent

Appointed 7 July 2022

Cate Wood has more than 25 years’ experience in the superannuation industry. Ms Wood was Executive Officer and a Director of AGEST Super, a Director and Chair of CareSuper, a Director of SunSuper, and served on the Investment Committees of these funds.

Ms Wood was a Director of the Industry Superannuation Property Trust (ISPT) and a Member of the ACT Investment Advisory Board. She is currently a Member of the Professional Standards Councils and Chair of the Centre for Workers’ Capital.