Directors

Mr David Somerville - Chairman

Mr David Somerville holds a Bachelor of Business degree from Curtin University and a Master of Business Administration from Deakin University. He is an Associate member of CPA Australia and a Fellow of the Australian Institute of Management. Mr Somerville has an accounting background having been a senior partner in a large Western Australian accounting practice, before establishing a financial services company which is listed on the Australian Securities Exchange in 2007. He has over 25 years experience in a corporate capacity across a number of companies and a number of industry sectors including financial, resources and property development.

Mr Lai Ah Hong - Managing Director

Mr Lai has had extensive experience in private enterprise on Christmas Island as well as with the union movement. He accepted the appointment as Executive Chairman in March 2004. Mr Lai is a former president of the Union of Christmas Island Workers and has been involved in the phosphate industry for 27 years. He was also a founding director of Phosphate Resources Limited in 1991.

Mr Clive Brown - Director

Mr Brown is the former Minister for State Development in the Western Australian State Government. He was previously a director of Phosphate Resources Ltd from 1992 to 1999 and has held a variety of company directorships. Since leaving the Parliament in 2005 he has been an advisor to a range of mining companies and has undertaken enquiries and reviews for the WA State and Federal Governments.

Dato' Sri Tee Lip Sin - Director

Dato' Sri Tee Lip Sin holds a Bachelor of Arts in Business Administration (Human Resources Management) from the University of Wales, an Associate Diploma in Commerce from Curtin University Australia and also a post-graduate Executive Diploma in Plantation Management from the University of Malaya. He has been involved in palm oil milling and management of palm oil plantations since 1995. Currently he sits on the board of a number of private companies and is also the Executive Director for the Prosper Group of Companies which holds seven palm oil mills and 60,000 acres of palm oil plantations. He also has experience in operating 35,000 acres of plantation in Indonesia.

Mr Adrian Gurgone - Director

Mr Adrian Gurgone is an experienced Chartered Accountant and MBA with significant experience in reporting to boards. In senior roles with Deloitte Consulting and other top-tier consulting firms, he has advised multinational and mid-cap organisations across a variety of industries globally. In 2007 Adrian established a boutique management consultancy and investment firm which has grown quickly to service several ASX listed organisations, in addition to federal government and not for profit agencies.

His experience encompasses financial and business analysis, risk management and corporate governance across a range of industries including Mining and Resource. Adrian has also asissted several boards in Australia and overseas in improving organisational performance and in capital allocation.

Mr Tee Lip Jen - Director 

Mr Tee Lip Jen holds a Bachelor of Mechanical Engineering from the Royal Melbourne Institute of Technology (RMIT). Since graduating from Australia, Lip Jen started his career as a Process Engineer in the manufacturing industry for 2 years before expanding his experience as a Project Engineer in a refinery plant specialising in producing downstream palm oil products.

He is currently the Assistant Chief Engineer in charge of overseeing engineering and production activities in seven palm oil mills with an estimated production output of 350,000 metric tonnes of crude palm oil per year. Apart from managing the daily activities in palm oil mills, he is also in charge of overseeing three palm oil plantation estates located in Negeri Sembilan, Malaysia with an estimated acreage of 3,400 acres.

Dato' Sri Kamaruddin bin Mohammed- Director

Dato' Sri Kamaruddin is a business and finance graduate and a Senior Fellow of Financial Services Institute of Australasia. He has had an extensive business career with Pelaburan Mara Berhad (formerly known as Amanah Saham Mara Berhad) retiring as Group Managing Director in 2008. He has had considerable experience with the palm oil industry and is currently Chairman of the Malaysian listed palm oil group Far East Holdings Berhad. He is also the Chairman of Pascorp Paper Industries Berhad and Pasdec Resources South Africa Ltd. He is a Director of Amanah Saham Pahang Berhad.