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CSIRO board appointments a combination of finance skills and energy sector knowledge

29 June 2015

Minister for Industry and Science, Ian Macfarlane, announced the appointment of successful businessman Mr Brian Watson, and the reappointment of Ms Shirley In’t Veld, to the Board of the Commonwealth Scientific and Industrial Research Organisation (CSIRO) today.

Mr Macfarlane said that Mr Watson and Ms In’t Veld have the skills, knowledge and business experience to help to guide the CSIRO’s essential role in scientific development and putting science at the heart of industry.

“Mr Watson is an experienced board member and chairperson with strong finance and business skills and experience working closely with government including as a former member of the Board of Guardians of the Future Fund,” Mr Macfarlane said.

“Ms In’t Veld’s business leadership skills and industry links and connections will continue to benefit the CSIRO Board as it seeks greater collaboration between science and industry.

“Ms In’t Veld’s background in commerce and law and her world class experience in the energy and resources sector are particularly relevant to the work of CSIRO and this reappointment provides ongoing corporate knowledge that will benefit the Board.

“I warmly congratulate Mr Watson on his appointment and Ms In’t Veld on her reappointment to the CSIRO Board and look forward to their contribution to the work of the Board.”

Mr Watson’s appointment to the CSIRO Board commences on 14 September 2015.

For further information, visit http://www.csiro.gov.au/.

Media contact: Minister’s Office – 02 6277 7070


Ms Shirley In't Veld

Ms In’t Veld is an experienced board director with broad energy sector knowledge and extensive experience as a senior business manager. She holds a Bachelor of Laws (Honours) and Bachelor of Commerce from Melbourne University.

Ms In’t Veld was the Chief Executive Officer of Verve Energy, a State Government owned electricity producer in Western Australia, from April 2007 to April 2012.  From 1997 to 2007 she held senior positions with Alcoa Australia including as Vice President Primary Business Development, Alcoa. She started her career as a commercial lawyer with Mallesons and also held senior legal, commercial and marketing positions with WMC Resources Ltd, Bond Corporation and BankWest.

Ms In’t Veld serves on the boards of Asciano Ltd, DUET Group and Juniper Uniting Church Community. She is Chairperson of the Sustainability Committee of Asciano, and is a Council member of the Australian Institute of Company Directors (WA) and the SMART Infrastructure Facility (University of Wollongong). She is also a member of the CSIRO Board and of the CSIRO Board Audit committee; member of the CSIRO Energy Strategic Advisory Committee; member of the Perth Airport Board; a Panel Member of the Renewable Energy Target Review; and Chairman of the Queensland Government, Electricity Expert Panel.

Industry group representation positions which Ms In’t Veld has held include board member of the Energy Supply Association of Australia and a member with the Packaging Council of Australia and the Aluminium Council of Australia. She was a board member with the Cooperative Research Centre for Landscape Evolution in Mineral Exploration (CSIRO) and the Association of Mining and Exploration Companies in WA.

Mr Brian Watson

Mr Watson is an experienced board member and chairperson. His expertise is in private equity investment activities, the provision of corporate advisory services related to the private equity sector, and the finance sector. He holds a Bachelor of Commerce degree from the University of Melbourne.

Mr Watson is Executive Chairman of Georgica Associates Pty Limited, an independent private equity investment management firm. Prior to establishing Georgica Associates in 2002, he spent 16 years with JP Morgan & Co in a number of senior roles, including Global Head of Equity Capital Markets and Global Head of Private Equity, Chairman of JP Morgan Australia from 2000-2001 and Managing Director of JP Morgan Partners (JPMP) Australia from 1999-2002.

Prior to joining JP Morgan in 1986, Mr Watson worked as Treasurer of Woodside Petroleum (1979-86) and held various positions in the finance section of the Oil and Gas Division of the Broken Hill Proprietary Co. Limited (1973-79).

Mr Watson is currently on the boards of MeeMeep Pty Ltd and Victorian International Container Terminal Ltd; a Board member and Chair of the Finance and Investment Committee of Berry Street Victoria, Victoria’s largest child and family welfare organisation; and member of the Melbourne Grammar School Foundation Board. Formerly he was a member of the Board of Guardians of the Future Fund from 2006 to 2012; Chairman of the Australian Government's Pooled Development Funds Registration Board (2002-2007), Deputy Chair of the Innovation Australia Board (2006-2007) and member of the board of the Australian Stem Cell Centre (2002-2008). Mr Watson also chaired the Government’s Venture Capital Industry Review in 2005.