ASF Organisational Structure
The ASF is governed by a National Committee comprising nine industry representatives elected from ASF member firms, and up to three appointed by the National Committee to achieve the ASF’s objective of being a representative and diverse Forum.
National Committee members are elected via a nomination process for a three year term, and each Chair one ASF sub-committee.
The National Committee convenes on a monthly basis to set the strategic direction of the organisation and oversee its activities, including sub-committees.
|Sarah Hofman||PwC Australia||Deputy Chair|
|Andrew Jinks||Clayton Utz|
|David Ziegler||Macquarie Group|
|Edward Freilikh||Commonwealth Bank of Australia|
|Jacqueline Fox||National Australia Bank|
|Matthew O'Hare||Pepper Australia|
|Scott Barker||IFM Investors|
|Will Farrant||Credit Suisse|
Chris Green, Chairman
Chris Green is Chairman of the Australian Securitisation Forum.
Chris also serves as Group Executive of Perpetual Corporate Trust. He joined Perpetual in 2006, one of Australia’s oldest and most trusted providers of financial services. Prior to joining Perpetual, Mr Green was at JP Morgan for ten years, firstly in London covering European and African markets and then as Australasia Business Head of Institutional Trust Services. His career began as a solicitor for Corrs Chambers Westgarth.
He holds a Masters of Business Administration (London Business School) and a Bachelor of Laws and a Bachelor of Commerce (University of Queensland) and is currently studying Philosophy through the University of London.
Chris can be contacted via firstname.lastname@example.org.
Sarah Hofman, Deputy Chair
Sarah is a Partner with PwC Australia.
Sarah has spent over 20 years in the banking and finance industry, the majority of this specialising in securitisation. She is Chair of the ASF Communications Subcommittee, and member of the ASF Regulatory & Prudential Subcommittee. She is a keen supporter of the Women In Securitisation networking forum.
Sarah holds a Bachelor of Economics from the University of Sydney, a Masters of Economics from Macquarie University, is a graduate of the Australian Institute of Company Directors and is a Chartered Accountant. Sarah can be contacted via email@example.com.
Belinda Smith is Chief Executive Officer and Managing Director of Eticore, a company she founded in 2016 to realise her passion for embracing diversity, inclusion, and the entrepreneurial spirit.
She has held a variety of senior roles within debt capital markets in Australia, the UK and Japan. Belinda was most recently General Manager, Management Services at Perpetual. Prior to joining Perpetual in 2014, Belinda was a Director at Resimac, managing acquisitions and working with the Capital Markets team to secure funding via warehouses, term securitisations, and direct investments. From 2010 to 2014, Belinda was also a Director at Australia Ratings.
Belinda was a Senior Director at Standard & Poor's for nine years and managed a team of credit analysts across the Asia Pacific region, assigning credit ratings to structured debt products, including RMBS, ABS, CMBS, ABCP, CDOs and infrastructure debt.
Belinda’s infrastructure experience expanded during her time with Essential Energy, where she focused on the sale of its retail electricity business to Origin Energy, and in the early ‘90s Belinda worked as a currency options analyst at Macquarie Bank. Throughout her career, Belinda has also undertaken a variety of roles working on bespoke securitisation projects for the ASF, fund managers, issuers and insurance companies.
Belinda is the Chair of the ASF Women in Securitisation Subcommittee, and has been a member of the Industry & Markets Subcommittee for over 12 years. Belinda can be contacted via firstname.lastname@example.org.
David has over 20 years experience in banking and finance, including 16 years in securitisation issuer, arranger and investor roles. David is currently employed as a Division Director in Macquarie Group’s Treasury and is responsible for global secured funding issuance including PUMA RMBS, SMART ABS and covered bonds.
Prior to joining Macquarie, David’s previous work experience includes the AOFM where he implemented their RMBS Investment Programme, and Citigroup Global Securitized Markets based in London and Sydney, arranging transactions across CEEMEA and Australasia and managing ABCP conduits. David sits on the ASFs Government & Industry Liaison Sub-Committee.
David is a Chartered Accountant and holds degrees in Commerce and Law with Honours (ANU) and an MBA (UTS). David is also a Fellow of FINSIA. David can be contacted at email@example.com.
Ed Freilikh is Executive Manager, Group Funding in Group Treasury at Commonwealth Bank of Australia and is responsible for CBA’s covered bond and RMBS issuance via the Medallion Trust. His responsibilities include structuring, marketing and ongoing management of CBA’s secured funding programmes. He joined Group Treasury in 2002 and has held various roles in Treasury and CBA’s Institutional Banking and Markets division.
Ed has been actively involved in the ASF for ten years and has been a member of:
- the Regulatory and Prudential Committee involved in drafting RBA and APRA submissions on the regulatory environment and the impact on securitisation issuance
- the working group involved in discussions with the RBA on securitisation reporting standards
- the ASF FSI submission working group, and
- the covered bond working group involved in discussions with the federal Treasury and APRA regarding the establishment of the Australian covered bond framework
Ed holds a Bachelor of Actuarial Studies and Bachelor of Applied Finance from Macquarie University and is a Fellow of the Institute of Actuaries of Australia. Ed can be contacted via firstname.lastname@example.org
Heather has over 17 years’ experience in the US, UK and Australian retail banking market and has specialised in securitisation since 2003. She was a key member of the Deloitte New York Securitisation Services Team through the 2007-2010 GFC.
Heather represents Asia-Pacific in Deloitte’s market-leading Global Securitisation Team, with strong links to experts across the world and she leads Deloitte’s Securitisation Advisory offerings nationally. She is an audit partner, and works closely with many of Australia’s largest lenders challenging end-to-end controls and processes across the credit lifecycle as well as working on many of the Australian market’s domestic and international issuances, for both audit and non-audit clients across asset classes. Heather also regularly leads due diligence engagements on portfolio acquisitions and M&A engagements. She audits both ADIs and non-bank lenders, as well as one of Australia’s largest aggregators.
Heather is a contributing author and presenter of the annual Deloitte Mortgage Report and is a judge for The Advisor Magazine’s Broker of the Year Awards. Additionally, she has been a member of the ASF's Education Subcommittee since 2011 and leads all the accounting and tax concepts for the ASF’s educational offerings. She also chairs both the internal Audit & Risk Subcommittee and the ASF's Accounting and Tax Subcommittee, specialising in the on/off balance sheet accounting for complex funding structures. Heather can be contacted via email@example.com.
Jacqueline has been with National Australia Bank (NAB) since 2001 and heads its market-leading securitisation originations team.
She runs a team of experienced specialists who provide structured solutions to the bank’s financial, institutional, corporate and government client base across a variety of asset classes. The team has been recognised by market participants as securitisation house of the year in the KangaNews awards for the past three consecutive years, and has held the number-one position on the securitisation league table since 2011.
The team has also spearheaded the resurgence of Australian securitised product through NAB’s domestic and offshore distribution franchise and is actively involved in supporting M&A activity across the client base.
Jacqueline has more than 20 years of financial-markets and securitisation-industry experience, is part of NAB’s capital financing extended-leadership group, is a NAB subsidiary director and holds a Bachelor of Business and Graduate Diploma in Applied Finance. Jacqueline can be contacted via firstname.lastname@example.org.
Matthew has 22 years of corporate and bank treasury experience, including 5 years at Pepper Group and 17 years at Macquarie Group, with significant mortgage securitisation experience.
Matthew joined Pepper in May 2012 to establish Pepper’s US$ issuance program and was appointed Deputy Group Treasurer in December 2012. He was appointed Australian Treasurer and joined the Australian Executive Committee in October 2017 and leads the Australian Treasury team which is responsible for the treasury activities for all of Pepper’s Australian lending businesses.
Matthew’s roles at Macquarie included Division Director, Group Treasury, and Treasurer, Banking & Securitisation Division. Matthew’s role at Macquarie was to manage the treasury team and the funding of the bank’s $25bn residential mortgage lending business, which included the development and management of the PUMA RMBS program. Matthew established a US SEC Registered shelf, and oversaw over $30bn of publicly placed PUMA bonds, a CP conduit and warehouse facilities which at their peak exceeded $10bn.
Prior to that Matthew worked for 10 years in the Banking & Financial Services practice of Coopers & Lybrand (now PwC) in Sydney and London, qualifying as a Chartered Account in 1989. Matthew can be contacted via email@example.com.
Peter is a senior director in Westpac’s Structured Finance team where he has responsibility for origination, structuring, execution and management of structured funding solutions for Westpac’s corporate customers, including Term ABS/RMBS arranging and distribution, and warehousing financing for various NBFIs. Peter’s role also extends to full client relationship management for a portfolio of NBFIs.
During 23 years of experience in banking, Peter has been involved in many innovative financings including Westpac’s first RMBS (WST 97-1); Bluestone’s Sapphire programme where the first B-rated note, first Interest Only security and first super-senior AAA-rated debt was issued (also CFO Structured Finance Deal of the Year (2002)), the Ozcar / government backed dealer finance bail-out, and arranger for Latitude Financials’ inaugural Personal Loans ABS. Peter’s experience also includes credit research, having established Westpac’s (at the time award winning) DCM credit research franchise.
In 2013, Peter arranged the second social benefit bond in Australia for The Benevolent Society, using securitisation techniques to create bonds tied to achievement of reduced foster care placements for vulnerable children in NSW. In 2017 he arranged a bond for Churches of Christ in Queensland, targeting youth homelessness.
Peter’s contributions to the ASF have included roles on the Education Subcommittee, developing and teaching the Professionals Programme.
Peter holds a BEc(Hons) from Sydney University.
Scott leads the Australian based debt investments team which includes cash, bond and credit strategies. Previously Scott had joint responsibility for managing the Specialised Credit Fund.
He previously worked at Western Asset Management, a specialist credit fixed income manager, and its predecessor in Australia, Citigroup Asset Management, where he was Vice President, Fixed Income.
Scott’s experience covers analysis of, and investing in, a broad range of credit and traditional fixed income products covering traditional duration based and specialist credit portfolios, annuity matching funds for insurance companies and cash/cash enhanced funds.
He has been involved in a diverse range of transactions as a buyer and a seller, including PPP infrastructure, securitisation, structured credit and hybrid deals. Scott’s experience covers Australian and offshore markets.
In previous roles he worked for Westpac in corporate banking and financial markets focusing on debt capital markets origination and sales, interest rate risk management, foreign exchange and money markets. This included a period in London. Scott can be contacted via firstname.lastname@example.org.
Will Farrant runs Credit Suisse’s Australian debt capital markets business based in Sydney, providing advice, balance sheet lending, structuring and distribution to clients seeking finance in Australian and global debt markets, in both secured and unsecured format.
Will’s background has a strong securitisation theme. Will started professional life as a London and Singapore-based securitisation lawyer with Norton Rose, before becoming an investment manager at Gordian Knot Investment Management in London, managing a USD25bn book of global ABS and CDO product.
After moving to Australia in 2003, Will worked for two years in ANZs securitisation and structured credit trading teams. He then moved to Credit Suisse in 2005 to head the Australian syndicate desk, heavily focussed on ABS product, which he ran until early 2009, at which point he moved to head DCM and subsequently securitisation origination.
He has been a member of the ASF Communications Subcommittee for many years. He currently sits on a number of Governmental committees and advisory boards. Will can be contacted via email@example.com.
ASF Management Committee
The members of the ASF Management Committee are:
- ASF Chairman
- Deputy Chairmen
- Chief Executive Officer
- Policy Executive
The Management Committee is accountable to the National Committee. The principal roles of the Management Committee as a group are:
- Oversee the operational performance of the ASF Office
- Set priorities for implementation of ASF strategy
- Act as a sounding board for ASF Executive Office
- Review financial matters and authorise operational expenditure
- Facilitate the implementation of the ASF strategic business plan
The relevant decisions of the Management Committee are reported to the National Committee in the monthly CEO Report.
Executive Office Role
Delivery of the strategic objectives set by the National Committee, including policy, market standards development and ensuring quality professional development opportunities for industry professionals.
Chris Dalton, Chief Executive Officer
Chris Dalton was appointed Chief Executive Officer of ASF on 12 May 2009 following 19 years with Standard & Poor’s ratings (S&P) including eight years as Managing Director & Country Head Australia/New Zealand.
He played a leading role in the development of Australia’s securitisation industry during his time with S&P, and has been a strong contributor in the past to the ASF’s initiatives. This role was recognised by his peers in 2007 when he was awarded an ASF Fellows Award. Chris can be contacted via firstname.lastname@example.org.
Rules of ASF
View the Consolidated Rules of the Australian Securitisation Forum, as at 30 June 2015.
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