Board members

Dave GrovesDavid Groves

Chairman, Non-Independent, Non-Executive Director

David Groves is Chairman and a Non-Executive Director of Pengana International Equities Limited. He is also a member of the Audit, Risk and Compliance Committee.

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

David has 25 years’ experience as a company director is a Director of Pipers Brook Vineyard Pty Ltd and Tasman Sea Salt Pty Ltd and serves as an executive director of a number of private companies. David is a former Director of Equity Trustees Ltd, Tassal Group Ltd, GrainCorp Ltd and a former Executive with Macquarie Bank Limited and its antecedent, Hill Samuel Australia.

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


Frank GoochFrank Gooch

Non-Executive Director

Frank Gooch is a Non-Executive Director of Pengana International Equities Limited. He is also a member of the Audit, Risk and Compliance Committee and of the Independent Board Committee.

He is currently Managing Director of Milton Corporation Limited (since 2004) and Chief Executive (since 1999) and is a member of its Investment Committee.

Frank has more than 30 years’ experience in the finance and investment industries.


Julian ConstableJulian Constable

Non-Executive Director

Julian is a Non-Executive Director of Pengana International Equities Limited. He is also Chairman of the Audit, Risk and Compliance Committee and a member of the Independent Board Committee.

Julian is a senior investment adviser at Bell Potter Securities Ltd, having worked in this capacity since 1998. In this role his key attributes are developing new business and building relationships with clients. He has worked in the stockbroking industry since 1984, in both trading and advisory areas, at firms including Pembroke Securities Ltd, Pring Dean McNall, Hambros Equities and Potter Warburg Dillon Read.

He has been a Non-Executive Director of the ASX-listed HGL Ltd since August 2003 and is a member of its Remuneration Committee.


Russel PillemerRussel Pillemer

Non-independent, Non-Executive Director

Russel Pillemer is a Non-Executive Director of Pengana International Equities Limited.

Russel is also Managing Director and Chief Executive Officer of Pengana Capital Group Limited. Russel co-founded Pengana in 2003 and has been its 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.