The IBA Board is made up of eminent Indigenous and non-Indigenous members with expertise in business. The majority of the Board including the Chair are Indigenous. Board members are appointed by the Minister under section 157 of the Aboriginal and Torres Strait Islander Act 2005 (Cth).
Mr Edward (Eddie) Fry
Chair of the Board
Appointed Chair of the Board, 1 December 2014.
Reappointed for a second term 2017-2021.
Eddie Fry is a Dagoman-Wardaman man from the Katherine region in the Northern Territory. He has extensive experience within the Australian resource sector and is a specialist in Indigenous and native title issues. He holds a Diploma in Business Management from the University of South Australia and is a graduate of the International Lead and Zinc Study Group.
Based in Adelaide, Eddie is a former director and a retained consultant of TNG Ltd, an Australian resource company focused on the exploration, evaluation and development of a multicommodity resource portfolio in the Northern Territory and Western Australia. He is a member of the development team for the TNG Ltd Mount Peake project.
Eddie is an executive director of Gimbulki Ltd, a native title land access company he established in 2002, Chair of the Indigenous Advisory Board at Broadspectrum (since 2010), Deputy Chair of the Aboriginal Foundation of South Australia Inc., Chair of Todd River Resources Limited, and Chair of the Indigenous Land and Sea Corporation.
Eddie held senior executive roles with Normandy Mining Ltd, where he established the company’s Traditional Owner policy. He was also involved with the Aboriginal and Torres Strait Islander Commission, Aboriginal Development Commission and Department of Aviation.
Eddie is a member of the Remuneration and Nomination Committee.
Ms Claire Woodley
Appointed 22 October 2012.
Claire Woodley’s diverse background includes experience in the banking sector, as well as clinical and managerial experience in the delivery of public mental health services. She has a passion for driving equal access to opportunity across the community, with a specific interest in providing opportunities for enablement for Indigenous people.
Claire brings to the Board her broad business banking experience and her corporate experience in governance, risk management, strategic planning, policy development, business re-engineering, and project and program management. She also has experience in project portfolio governance, including risk and quality oversight of the delivery of global change programs.
Claire has formal qualifications in occupational therapy, psychology and project management. She is also a Graduate Member of the Australian Institute of Company Directors.
Claire is also a member of the Finance, Investment and Products Committee and the Remuneration and Nomination Committee.
Mr Richard (Rick) Allert AO
Appointed 1 December 2014.
Rick Allert is a Chartered Accountant with many years of experience in the corporate sector. He is a director of Genesee and Wyoming Inc. and its Australian subsidiary, Genesee and Wyoming Australia Pty Ltd; Chairman of Voyages Indigenous Tourism Australia Pty Ltd; Chairman of Kakadu Tourism (GLC) Pty Ltd and Kakadu Tourism (GCH) Pty Ltd; and Chair of AMP Superannuation Ltd and NM Superannuation Pty Ltd.
Rick’s previous appointments include chair of AXA Asia Pacific Holdings Limited, Tourism Australia, Coles Myer Ltd and Coles Group Limited, Southcorp Limited, AustralAsia Railway Corporation, Voyages Hotels and Resorts Pty Ltd, and the Aboriginal Foundation of South Australia Inc.; and Director of AMP Limited and AMP Bank Limited.
In 2011, Rick was the recipient of the Ernst & Young Champion of Entrepreneurship Award, Central Region, for his long record of outstanding entrepreneurial achievement and contribution to the community.
Rick was awarded a member of the Order of Australia (1997) particularly for his work with the National Heart Foundation; a Centenary Medal (2003) for service to rail, business and taxation; and an officer of the Order of Australia (2008) for leadership in corporate social responsibility.
Rick is the chair of the Audit, Risk and Performance Committee and a member of the Finance, Investment and Products Committee.
Ms Rosemary Addis
Appointed 16 September 2020
Rosemary is a globally recognised director and strategist at the forefront of innovation and investment for impact.
Her portfolio includes Ambassador of the Global Steering Group for Impact Investment, Senior Adviser to the UN Development Programme’s SDG Impact, Founder and Director of Impact Investing Australia, and Chairs of the Climate Ready Initiative Advisory Board at Griffith University.
She has provided expert advice to impact related initiatives of the OECD, World Economic Forum, and collaborated with Skoll Centre at Oxford University and Initiative for Responsible Investment at Harvard Kennedy School. As well as published numerous case studies informing the next generation of leaders.
Her career spans more than 30 years including as a partner of Allens-Linklaters and with Kirkland & Ellis NY, first Social Innovation Strategist for the Australian Government, member of the Social Impact Investment Taskforce established under the UK Presidency of the G8, and founding Chair of the Australian Advisory Board on Impact Investing and Impact Investing Australia (Market Builder of the Year 2018).
Rosemary was made a Member of the Order of Australia (2020) for significant services to social innovation, impact investment and the law, ranked among Australia’s AFR 100 Women of Influence for achievements in innovation (2015) and top thought leaders in finance as finalist for Women in Finance Thought leader of the Year (2017).