The Federal Government has appointed five new directors to the NBNCo board to join executive chair, Michael Quigley.
The directors are Doug Campbell, Peter Hay, Siobhan McKenna, Diane Smith-Gander and Gene Tilbrook. Quigley has also been appointed as the CEO.
A press release outlined each of the appointments, and highlighted their focuses within the board:
- Campbell has been appointed to bring his telecommunications experience and expertise to the NBN project. He was also recently appointed as Chair of Tasmanian NBN Company Limited (TNBNCo).
- Hay brings to the NBNCo board legal experience and advisory skills in relation to public company takeovers, corporate governance matters and risk management. Hay is a former Chief Executive Officer of law firm, Freehills, and has previously practised company law with a particular expertise in mergers and acquisitions.
- McKenna brings a breadth of local and international experience, including consulting, commercial, and government roles to the NBNCo board. Previously, she was a Partner at McKinsey & Company - an international management consulting firm, where she provided advice to companies on productivity matters and the development of effective regulatory strategies.
- Smith-Gander brings a depth of experience in financial, commercial and management consulting to the NBNCo board. Previously, she was head of Westpac Banking Corporation’s Business & Technology Solutions & Services division.
- Tilbrook brings substantial financial, valuation and capital management experience to the NBNCo board. Tilbrook is also a councillor of Curtin University of Technology and the Australian Institute of Company Directors, Western Australia division; and a member of the boards of the Perth International Arts Festival and Committee for Perth.
In the release Senator Stephen Conroy said the appointments move the project to an important next stage in the implementation.
“Mr Quigley and the five new directors bring a strong set of skills necessary for a task of this scale and importance,” he said in the release.
In addition, McKinsey-KPMG has been appointed as Lead Advisor for the National Broadband Network Implementation Study.
In the role, McKinsey-KPMG will provide advice on the NBN, including operating and governance arrangements for NBNCo, ownership caps, ways to attract private sector investment, network design and ways to provide procurement opportunities for local businesses.
One of nine respondents to the tender request, McKinsey-KPMG is a consortium of McKinsey & Company, a worldwide management consultancy firm and KPMG a global professional services firm.