Alc Bod Ian Saines Hires 12 8 11 Jpg Copy

Ian M. Saines Audit Committee

Mr. Saines is Chief Executive, Funds Management of Challenger Limited, an Australian investment management firm. From December 2013 to March 2, 2015 he was engaged in private investment activities. From December 2008 to December 2013, Mr. Saines was employed by Commonwealth Bank of Australia in the role of Group Executive of the Institutional Banking and Markets Division. At Commonwealth Bank of Australia as a member of the bank’s senior executive committee, Mr. Saines was responsible for managing Commonwealth Bank’s relationships with major corporate, government and investor clients and providing a full range of capital raising, transactional and risk management products and services. Prior to joining the Commonwealth Bank of Australia in May 2004, Mr. Saines was a Management Committee member of Zurich Capital Markets Asia, the investment banking arm of the Zurich Financial Services Group. He previously held various senior roles with Bankers Trust Australia Limited and was also employed by the Reserve Bank of Australia. Mr. Saines is currently a director of the American Australian Association Limited. He is a Fellow of the Australian Institute of Company Directors (FAICD), and a Certified Finance and Treasury Professional (CFTP). Mr. Saines has a first class honours degree in economics from the University of New South Wales.