Board

ARPC has a non-executive Chair and six other non-executive Members, who are all appointed by the Minister under the Terrorism Insurance Act 2003.

Below are the current Members of the Board and a snapshot of their experience.

 

Ms Karen Payne, Member

BCom, MCom, LLB

Term: 5 October 2017 – 4 October 2020

Karen Payne is currently CEO and executive member of the Board of Taxation and has more than two decades’ experience as a specialist taxation advisor to legal and financial firms. Ms Payne is a solicitor admitted in NSW and the High Court of Australia, chartered tax adviser and member of Chartered Accountants Australia and New Zealand. Ms Payne is a member of the International Bar Association, the International Fiscal Association, the Law Council of Australia, the Tax Institute, and Chartered Accountants in Australia and New Zealand.

Mr Ian Carson AM, Chair

BEc, PGDip Professional Accounting, FAICD

Term: 1 July 2017 – 30 June 2020

Ian Carson has been Chair of ARPC since 1 July 2017. He is a Partner and the Chairman of PPB Advisory, a professional advisory firm, of which he is also a founding partner. Mr Carson has advised organisations on improvement and has developed a management and governance scorecard which is used by many companies. He is also co-founder of SecondBite, a for purpose organisation which rescues nutritious food that would otherwise go to landfill. SecondBite transformed Australia by creating scale in fresh food rescue. In 2017, SecondBite will rescue enough food to create 22 million meals. He is a Trustee of The Melbourne Cricket Ground. He is a registered liquidator and a fellow of the Australian Institute of Company Directors.

Mr Tom Karp

BA (Hons), FIAA

Position: Part-time Member. Mr Karp has also been the Chair of ARPC’s Audit and Compliance Committee since 1 July 2015 and a member of the Committee since February 2014.

Term: 29 August 2008–28 August 2011, 29 August 2011–28 February 2012, 1 July 2012–30 June 2015, 1 July 2015–30 June 2016, 1 July-30 September 2016, 5 October 2016–4 October 2017

Mr Karp has been a member of ARPC since 29 August, 2008 (excluding the period 1 March 2012 to 30 June 2012), with his current term expiring on 05 October 2017.

Mr Karp is a member of the Institute of Actuaries of Australia’s Professional Standards Committee and is a member of the Actuarial Standards Committee of the International Actuarial Association. Since December 2014, Mr Karp has been an independent external member of the Sustainability Committee of the Board of the National Disability Insurance Agency. Mr Karp is also a member of the Professional Standards Councils which are independent statutory bodies with powers to approve Professional Standards Schemes for professional associations which, inter alia, limit the civil liability of the professional associations’ members.

In June 2008, Mr Karp retired as the Executive General Manager, Supervisory Support, at the Australian Prudential Regulation Authority (APRA). Prior to joining APRA, Mr Karp was with the Insurance and Superannuation Commission for nine years and was heavily involved in establishing APRA and its initial infrastructure.

Ms Janet Torney

BEc (Hons) FAICD FASFA TFASFA

Position: Part-time Member. Ms Torney is also a member of ARPC’s Audit and Compliance Committee.

Term: 1 July 2015–30 June 2018

Ms Torney is a professional director and consultant with broad experience in the financial services and engineering sectors. She has recognized expertise in governance, strategy, risk, change management and also in the investment industry.

Ms Torney’s portfolio of non-executive director appointments includes her role as chairman of Whitehelm Capital, where she is chairman of its Advisory Investment Committee and a member of the Remuneration Committee. Ms Torney is the first external non-executive director of the Fire Brigades Employees’ Credit Union, chairing its Strategy Committee. Other roles include being a non-executive director and Treasurer for Girl Guides Australia, chairing its Finance & Risk Committee and participation on advisory boards for the Association of Super Funds of Australia and Australian Cycling Executives.

Ms Torney runs two consulting businesses: JT Consult provides strategic governance, investment and risk management advice to the financial and professional services sectors and E L Williams provides bespoke engineering consulting services. Previously, she was the CEO for Qantas Superannuation and Practice Leader at Aon Investment Consulting.

Ms Janet Torney, Member

BEc (Hons) FAICD FASFA TFASFA

Term: 1 July 2015–30 June 2018

Janet Torney was appointed as a Member of ARPC on 1 July 2015 for a period of three years.

Ms Torney has been a Member of the Audit and Compliance Committee since 1 July 2015 and Chair of the Audit and Compliance Committee since 5 October 2017.

Ms Torney is a professional director with broad experience, including in the financial services sector – superannuation, investments, infrastructure, banking and insurance, in the engineering sector – manufacturing and consulting, and in the member-focused sector – notably sport and female related. With strong expertise in strategy and governance, successfully driving and managing change is a hallmark of her career.

Ms Torney’s portfolio of non-executive director appointments includes Chairman of Whitehelm Capital, Deputy Chairman of Club Plus Super and independent director of Techfront Australia, a global sports media technology company. In the not-for-profit sector, Ms Torney is a non-executive director of the Australian Cricketers’ Association, non-executive director and Treasurer for Girl Guides Australia and is a member of Basketball Australia’s Nominations Committee.

Ms Torney runs a financial services consulting business and is a mentor to young women and upcoming leaders. Other key leadership roles that she has held include CEO at Qantas Superannuation and Practice Leader at Aon Investment Consulting.

Mr John Peberdy

GAICD, ANZIIF (Sen Assoc), CIP.

Position: Part-time Member

Term: 1 July 2015–30 June 2018

Mr Peberdy was appointed to the Board as a part-time member on 1 July 2015 for a period of three years. He has a proven track record as a strategic senior executive having delivered improved business outcomes, in Australia and New Zealand, for Ansvar Insurance Limited, a market leader in the specialist insurance sector. Mr Peberdy has extensive experience delivering on business growth and profitability, initiating and driving change, and optimising daily operations through effective leadership of a strong executive team. Mr Peberdy’s expertise includes strategy and planning, business management, leadership and people management, risk management and general insurance.

Among his current directorship roles, Mr Peberdy is the Chairman, Stewards Insurance Services Pty Ltd, Deputy Chairman, Christian Super; and Chairman, Victorian Managed Insurance Authority.

Mr John Peberdy, Member

GAICD, ANZIIF (Sen Assoc), CIP.

Position: Part-time Member

Term: 1 July 2015–30 June 2018

John Peberdy has a proven track record as a strategic senior executive, having delivered improved business outcomes, in Australia and New Zealand, within Ansvar Insurance, a market leader in the care, community, faith and education insurance sector. John has extensive experience delivering on business growth and profitability, initiating and driving change, and optimising daily operations through effective leadership of a strong executive team. His expertise includes strategy and planning, business management, leadership and people management, risk management and general insurance. Among his current directorship roles, John is the Chairman, EA Insurance Services Pty Ltd, Victoria; and Deputy Chairman, Christian Super.

 

 

Ms Elaine Collins

BSc (Hons), MEc, FIAA, GAICD

Position: Part-time Member. Ms Collins is also a member of the Audit and Compliance Committee.

Term: 1 July 2015–30 June 2018

Ms Collins was appointed as a part-time member on 1 July 2015 for a period of three years. She is an experienced actuary, with a career spanning 25 years in the Insurance Industry in Australia, NZ, Hong Kong, Singapore and PNG.  Ms Collins is a Fellow of the Actuaries Institute and a Graduate of the Australian Institute of Company Directors.  Ms Collins served in senior roles with KPMG and as a Partner with Deloitte, carrying out Appointed Actuary roles for more than 10 years.  Ms Collins acted as general insurance media spokesperson for Deloitte post the Japanese Tsunami in 2011, ahead of embarking on a career as a non-executive director.

Ms Collins is a non-executive Director at Zurich Insurance, a member of its Risk, Compliance and Audit Committee and a member of its Reinsurance Committee.  She is also a member of the Actuaries Institute’s Professional Standards Committee.

Ms Elaine Collins, Member

BSc (Hons), MEc, FIAA, GAICD

Term: 1 July 2015–30 June 2018

Elaine Collins was appointed on 1 July 2015 for a period of three years. She has also been a member of the Audit and Compliance Committee since 1 July 2015. Elaine is a an experienced actuary with a career spanning 25 years in the Insurance Industry in Australia, New Zealand, Hong Kong, Singapore and Papua New Guinea. She has served in senior roles with KPMG and as a Partner with Deloitte, carrying out Appointed Actuary roles for more than ten years, with key expertise in policy formulation, capital allocation and strategic risk management.

Elaine is a Non-Executive Director of Zurich Insurance Australia Ltd (ZAIL) and incoming Chair of its Risk, Compliance and Audit Committee. She is also a Non-Executive Director of the Motor Accident Insurance Board (MAIB) and Chair of its Audit Committee. Elaine is a Fellow of the Actuaries Institute and a Graduate of the Australian Institute of Company Directors. She is a member of the Actuaries Institute’s Professional Standards Committee and a sessional lecturer at the University of New South Wales.

 

Mike Callaghan AM PSM, Member

BEc (Hons), LLB

Term: 5 October 2016–4 October 2019

Mike Callaghan is a Non-resident Fellow at the Lowy Institute for International Policy. In 2017, he was the Chair of the Australian Government Review of the Petroleum Resource Rent Tax. He also led the review into the Economic Impact of the Government’s Regulation Agenda. In 2015, Mike headed the Northern Australia Insurance Premiums Taskforce. Between 2012 and 2014, Mike was Program Director of the G20 Studies Centre at the Lowy Institute. Mike was Executive Director, International, in the Department of the Treasury from 2008 until 2012. He also served as the Prime Minister’s Special Envoy, International Economy. He has had 39 years experience in the Australian Treasury and the International Monetary Fund.

 

Robin Low

Position: Part-time Member

Term: 5 October 2016–4 October 2019

Robin Low is the Deputy Chair and member of the Auditing and Assurance Standards Board and on the board of a number of not-for-profit organisations, including the Sydney Medical School Foundation and the Public Education Foundation.

Ms Low is a chartered accountant, with over 25 years’ experience with PricewaterhouseCoopers, including more than 17 years as an assurance partner.

She is also a Non-Executive Director of AUB Group, a listed equity-based risk management, advice and solutions provider (including insurance broking).

Robin Low, Member

BCom, FCA

Term: 5 October 2016–4 October 2019

Robin Low is a non-executive director. She is the Deputy Chair of the Auditing and Assurance Standards Board and is on the board of four listed companies: Appen Limited, AUB Group Limited, CSG Limited and IPH Limited. She also sits on the boards of several not-for-profit organisations, including the Sydney Medical School Foundation, Primary Ethics and the Public Education Foundation. Robin is a chartered accountant, with over 25 years’ experience with PricewaterhouseCoopers (PwC), including more than 17 years as an assurance partner specialising in financial services, particularly insurance.