Olivier Lim
B. Eng (Civil) (Honours 1)

Term of Office:
Non-Executive Director since 18 December 2007 and Chairman from 14 April 2011. Mr Lim was last re-elected at the 2011 Annual and General Meetings.

Independent:
No

Board Committee membership:
Chairman of the Investment Committee and Member of the Audit Committee

Skills and experience:
Appointed Chief Investment Officer of Capitaland Limited in February 2012. Held the position of Head of Strategic Corporate Development from July 2011 up until his appointment as Chief Investment Officer. He was Group Chief Financial Officer of Capitaland Limited between July 2005 and July 2011 and, prior to that, was Deputy Chief Financial Officer. He first joined CapitaLand as Senior Vice President, Corporate Finance in September 2003. Prior to joining the CapitaLand Group, he was Director and Head of Real Estate Unit, Corporate Banking in Citibank, Singapore. He joined Citibank in Singapore in August 1989.

Directorships of listed entities within the last three years include:

• Director of CapitaMalls Asia Limited (appointed 1 July 2005)
• Director of CapitaCommercial Trust Management Limited and CapitaMall Trust Management Limited (the respective managers of two listed REITs in Singapore) (appointed 1 July 2005) 
• Director of Raffles Medical Group Limited
• Formerly a director of CapitaRetail China Trust Management Limited (the manager of a listed REIT in Singapore) (resigned 21 July 2009)

Other current Directorships / Offices:

• Member of the Board of Sentosa Development Corporation.
• Chairman, Mount Faber Leisure Group, a wholly owned subsidiary of Sentosa Development Corporation

Paul Dean Isherwood
AO FCA

Term of Office:
Non-Executive Director since 15 December 2005. Appointed Deputy Chairman and Lead Independent Director on 1 January 2011. Mr Isherwood was last re-elected at the 2009 Annual and General Meetings and, in accordance with Australand's Constitution, is retiring by rotation and standing for re-election in 2012. 

Independent:
Yes

Board Committee membership:
Chair of the Audit Committee and the Remuneration & Nomination Committee, Member of the Investment Committee

Skills and experience:
An experienced company director with a strong finance and accounting background. Proven leadership experience from a career with Coopers & Lybrand that spanned 38 years. Held the position of National Chairman and Managing Partner of Coopers & Lybrand (Australia) from 1985 to 1994. Served on the International Board and Executive Committee of the firm from 1985 to 1994. Has extensive corporate governance experience across different industry sectors, and mostly with listed companies.

Directorships of listed entities within the last three years include:

• Chairman of Globe International Limited (appointed 30 March 2001)
• Formerly a director of St George Bank Limited (appointed 27 October 1997, resigned 1 December 2008)

Other current Directorships / Offices:
Nil

Robert William Johnston
B. Eng (Electrical) (Honours 1)

Term of Office:
Managing Director since 1 August 2007. As per the Company’s Constitution, the Managing Director is exempt from retirement by rotation in accordance with clause 12.28.

Independent:
No

Board Committee membership:
Member of Investment Committee. Attends all other Board Committee meetings by invitation.

Skills and experience:
Joined Australand as Managing Director in August 2007. Prior to joining Australand, he held a number of other senior management positions with the Lend Lease Group in the USA, UK, Asia and Australia, including that of Global CEO of Bovis Lend Lease, CEO of Bovis Lend Lease Asia Pacific and COO of Lend Lease Real Estate Investments in the USA. He joined the Lend Lease Group in August 1988. He has in excess of 20 years of experience in the property industry.

Directorships of listed entities within the last three years include:
Nil

Other current Directorships / Offices:

• Director of Property Industry Foundation

Lui Chong Chee
BSc, MBA

Term of Office:

Non-Executive Director since 11 December 2001 and Chairman since 1 June 2007 until 14 April 2011. Mr Lui was last re-elected at the 2010 Annual and General Meetings and in accordance with Australands Constitution, is retiring by rotation and standing for re-election in 2012. 

Independent:
No

Board Committee membership:
Member of the Remuneration & Nomination Committee.

Skills and experience:
Currently Chief Financial Officer of Raffles Medical Group Limited. He previously held the position of CEO, CapitaLand Financial Limited up until his resignation on 31 May 2010. During his time with CapitaLand Limited, he held a succession of senior financial and operational management positions across the Group. Prior to joining the CapitaLand Group, he was Managing Director of Citicorp Investment Bank (Singapore) Limited. He joined Citibank, Singapore in July 1986.

Directorships of listed entities within the last three years include:

Formerly a director of: 

• CapitaRetail China Trust Management Limited (appointed 1 June 2008, resigned 1 June 2010)
• CapitaCommercial Trust Management Limited (appointed 1 July 2008, resigned 1 June 2010)
• CapitaMall Trust Management Limited (appointed 24 November 2008, resigned 23 February 2010)

All of the above are managers of listed REITs in Singapore 

Other current Directorships / Offices:
Nil 

Beth May Laughton
FCA, FAICD

Term of Office:

Non-Executive Director since 7 May 2012. In accordance with Australand’s Constitution, will stand for election in 2013. 

Independent:
Yes

Board Committee membership:
Member of the Audit Committee.

Skills and experience:
Ms Laughton is a chartered accountant with a strong background in corporate finance, having held senior roles at Wilson HTM, TMT Partners, KPMG, HSBC Securities and Ord Minnett, where she provided merger and acquisition advice and arranged equity funding across a range of industries.

Directorships of listed entities within the last three years include:

• Director of JB Hi-Fi Limited

Other current Directorships / Offices:

• Director of CRC CARE Pty Ltd
• Member of the Defence SA Advisory Board
• Sydney Ferries (appointed July 2004, resigned July 2010)
• Port Adelaide Maritime Corporation (appointed April 2006, resigned September 2007)

Nancy Jane Milne
OAM, LLB

Term of Office:
Non-Executive Director since 1 October 2010. Ms Milne was elected at the 2011 Annual and General Meetings.

Independent:
Yes

Board Committee membership:
Chair of the Risk & Compliance Committee and Member of the Remuneration & Nomination Committee

Skills, experience and expertise:
An experienced company director with extensive business experience. A consultant at Clayton Utz, (formerly a Senior Partner of the firm) specialising in the areas of insurance and risk. Previously a member and Chairperson of Australand’s Risk & Compliance Committee from 2003 until April 2009.

Directorships of listed entities within the last three years include:
Nil

Other current Directorships / Offices:

• Director of Colonial Mutual Life Assurance Society Limited
• Director of Commonwealth Insurance Limited
• Director of Commonwealth Managed Investments Limited
• Chair of Securities Exchanges Guarantee Corporation Limited

Stephen Eric Newton
BA (Econ & Actg), CA, M.Com

Term of Office:
Non-Executive Director since 18 December 2007. Mr Newton was last re-elected at the 2011 Annual and General Meetings.

Independent:
Yes

Board Committee membership:
Member of the Investment Committee and the Risk & Compliance Committee

Skills, experience and expertise:
Joint Managing Director and co-founder of Arcadia Funds Management Limited. Prior to establishing the Arcadia Group in December 2002, he was a senior executive at Lend Lease Corporation and a director of a number of Lend Lease entities and managed funds (November 1980 to December 2002). Has over thirty years experience in property and asset management, development management and real estate investment management with a focus on entity and asset acquisitions and management of publicly listed and private (wholesale) real estate investment trusts.

Directorships of listed entities within the last three years include:
Nil

Other current Directorships / Offices:

• Director of Newcastle Airport Limited
• Governor and Director of University of Notre Dame Australia
• Member of the Finance Committee and Property Committee for the Catholic Archdiocese of Sydney
• Advisory Board Member representing Alberta Investment Management Corporatiion (Canada) for Forestry Investment Trust 

Robert Edward Prosser
MA, FCA, MAICD, SA Fin

Term of Office:
Non-Executive Director since 9 February 2011. Mr Prosser was elected at the 2011 Annual and General Meetings.

Independent:
Yes

Board Committee membership:
Member of the Audit Committee & the Risk and Compliance Committee 

Skills, experience and expertise:
Mr Prosser has a strong finance and accounting background having retired in June 2008 as a PricewaterhouseCoopers (“PwC”) Partner in Sydney where he was responsible for due diligence in relation to mergers, acquisitions, equity raisings and divestments. At the time of his resignation, he was chair of PwC’s public reports panel, with responsibility for the quality control of all public documents and liaison with regulators.

Directorships of listed entities within the last three years include:

• Moly Mines Limited (appointed 20 October 2010, resigned 22 December 2011) 

Other current Directorships / Offices:

• Director of National Breast Cancer Foundation