Board members

Warwick NegusWarwick Negus


Warwick Negus was appointed as Chairman of the Pengana board in 2017.

Warwick has more than has more than 30 years’ experience in the finance industry across Asia, Europe and Australia.

His previous executive roles include the Chief Executive Officer of Colonial First State Global Asset Management, Co-founder and Chief Executive Officer of 452 Capital, and a Managing Director of Goldman Sachs in Australia, London and Singapore. He was also a Vice President of Bankers Trust Australia.

Warwick is currently a director of Washington H Soul Pattinson and Company Limited, Bank of Queensland, Terrace Tower Group, Virgin Australia Holdings Limited and FINSIA. He is also a member of Council of University of NSW and Chairman of ASX listed URB Investments Limited.

Russel PillemerRussel Pillemer

Chief Executive Officer

Russel Pillemer co-founded Pengana in 2003. He has been the company’s Chief Executive Officer since inception.

Prior to founding Pengana, Russel worked in the Investment Banking division of Goldman Sachs in New York where he specialised in providing advice to funds management businesses. Before moving to New York, he was responsible for leading Goldman Sachs’ Australian Financial Institutions Group.

Russel was previously Chairman of Centric Wealth Group and a principal of Turnbull Pillemer Capital.

He is a member of the Institute of Chartered Accountants in Australia and has a Bachelor of Commerce (Hons) from the University of New South Wales.

Kevin EleyKevin Eley

Non-Executive Director

Kevin Eley was appointed Non-Executive Director of Pengana Capital Group in 2017, having previously been Non-Executive Chairman of Hunter Hall International in May 2016, prior to the merger with Pengana Capital.

Kevin is a Chartered Accountant, a Fellow of the Financial Services Institute of Australia and a Fellow of the Australian Institute of Company Directors.

He has over 31 years’ experience in management, finance and investment and has worked for a major international accounting firm, two investment banks and was Chief Executive Officer of HGL Limited. Some of his current non-executive directorship include Equity Trustees Limited, Milton Corporation Limited and HGL Limited.

Dave GrovesDavid Groves

Non-Executive Director

David is a Non-Executive Director of Pengana Capital Group Limited, Chairman of the Pengana Group Audit, Risk and Compliance Committee, a member of the Pengana Group Nomination and Remuneration Committee and Chairman and a Non-Executive Director of Global Value Limited.

David Groves was a Non-Executive Director of Hunter Hall prior to joining the Pengana board.

David has 25 years’ experience as a company director, including 15 years’ executive experience in financial services. He is a director of Pipers Brook Vineyard and Tasman Sea Salt. He is a former director of Equity Trustees, Tassal Group, GrainCorp and Camelot Resources and a former executive with Macquarie Bank and its antecedent, Hill Samuel Australia.

David is a member of the Australian Institute of Chartered Accountants and a fellow of the Australian Institute of Company Directors.

Jeremy DunkelJeremy Dunkel

Non-Executive Director

Jeremy Dunkel is a Non-Executive Director of Pengana, and a Director of Taurus Capital, a family office investment consultancy specialising in philanthropy.

His accounting and finance experience includes working for Chemical Bank, Chase Manhattan and Price Waterhouse. He is a director of Education Heritage Foundation, and the Moriah College Foundation, as well as the chair of Y2i.