Board

Andrew Pickering
Position: Chairman

Andrew has a career of over 28 years as a lawyer and project developer in the energy industry in Australia & Asia. Since joining ICG in 2006, he has been responsible for many of the generation projects within EIT and is a senior spokesman in the Australian energy industry. Andrew has acted on many of Australia’s major energy privatisation projects and has an extensive knowledge of the gas and electricity industries throughout Australia. Andrew became Chairman of the ICG Board in October, 2014.

In 1997, Andrew was a partner in the law firm Blake, Dawson, Waldron (now Ashurst) followed by VP-Development for Mission Energy in Australia. Andrew moved to Hong Kong, to head up international business development for CLP with successful generation projects in India, Thailand and Australia as a director of listed Thai company EGCO. Andrew was then CEO of Yallourn Energy before being appointed as Managing Director of TRUenergy (now EnergyAustralia).

Tom Laidlaw
Position: Managing Director

Tom joined ICG in early 2012 as DIT Portfolio Manager and became ICG’s Managing Director in 2014. Tom has many years of experience in the purchasing and selling of infrastructure assets in multiple jurisdictions, and has significant global infrastructure investment banking experience across roads, rail, airports, ports, regulated utilities, power generation, pipelines & PPPs. Tom has also advised numerous clients on their financial structure and raised over $20 billion of new debt.

Tom commenced his career in the Infrastructure Division of Macquarie Bank in 1999 where he had a highly successful career, through the rapid development of Macquarie as a global investor and packager of infrastructure projects. Whilst with Macquarie, Tom spent 2 years in Canada, 8 years in the United Kingdom and 4 years in Australia, predominantly in infrastructure. He was involved in a number of Macquarie funds, as well as the complex refinancing of a number of large investments including BAA Ltd and ADIL Ltd.

Mike Fitzpatrick
Director and Major Shareholder

Mike has over 37 years’ experience in the financial services sector, with careers in investment banking with Merrill Lynch & CS First Boston. As a pioneer in infrastructure funds, Mike established Hastings Funds Management in 1994 (sold to Westpac Bank in 2005), where he was also a director of a number of Hasting’s investments including Pacific Hydro, Global Renewables, Utilities Trust of Australia and Australian Infrastructure Fund.

Mike is currently Chairman of the Pacific Current Group Ltd, a publicly listed company which invests in boutique fund managers. His past directorships include Chairman of the Australian Football League, the Victorian Funds Management Corporation, the Australian Sports Commission and director of Rio Tinto Ltd and Rio Tinto plc.

John Clarke
Position: Founding Director

John has over 40 years’ experience across both the financial and investment markets, and has a strong track record of successfully acquiring and managing infrastructure investments. John formed ICG as a joint venture with ANZ in November 2000 (then called ANZ Infrastructure Services (ANZIS)), before John and Mike Fitzpatrick acquired ANZ’s shareholding in August 2009. Prior to that John was Managing Director of Morrison & Co (Australia) Pty Limited when it managed Infratil Australia Limited.

John was CFO and Manager of M&A of Power New Zealand where he led the listing of the firm on the NZX, and acting CEO of BellSouth New Zealand where he reset the business plan and proved instrumental in its profitable sale to Vodafone. In 1997, John joined HRL Morrison & Co Australia, as Managing Director and CEO of Infratil Australia Ltd, a listed infrastructure investment company with investments in Perth, Alice Springs and Darwin airports, Port of Portland, Southern Hydro Partnership and State West Power. John stepped down as ICG’s Managing Director in October, 2014, but remains on the Board as an executive director and as a part-time executive on a three-year contract involved in capital raising and special projects.

Craig Whalen
Position: Executive Director

Craig joined ICG in 2008 and has over 25 years’ experience in infrastructure and has expertise in investment analysis and transaction execution with a strong financing background. Craig’s key responsibilities include deal origination and execution, portfolio management and arranging any debt required for existing and new projects (including refinancings).

Craig practiced as a lawyer before roles in Structured Finance at Bankers Trust, Macquarie Infrastructure Group, and ANZ’s project financing team. In his career, Craig has completed many large transactions across a number of infrastructure sectors including ports, PPPs, rail, toll roads, airports, freight logistics and privatisations, and he maintains deep relationships within the project finance market in Australia.

Jeff Harding
Position: Non-Executive Director

Jeff is recognised as one of Australia’s leading alternative energy practitioners and has been active in expanding the renewables market in Australia, South America and Europe since the mid-90s. As CEO of Pacific Hydro Ltd, he managed company development in Asia and Latin America. During this period operating assets grew 100 fold. Jeff was Vice President of the Australian Business Council for Sustainable Development and has served on Boards in Europe, Asia and South America. He was the Halsey Distinguished Visiting Professor at the University of Virginia in 2014 and is a curriculum adviser at the University of Melbourne. Jeff is also Non-Executive Director at Carnegie Wave Energy

Sandi Orleow
Position: Non-Executive Director

Sandi has worked globally and locally in financial services for over two decades, with a focus on superannuation, funds management and investment research. Having started her career at Arthur Andersen as a Chartered Accountant, she became the Head of Consulting at Brockhouse Cooper in South Africa and then the Head of Private Markets in Australia for Towers Watson. Sandi was a Senior Portfolio Adviser at Perpetual Limited and established her own consulting business, Orleow Consulting in 2010. Sandi is a signatory of the Banking and Finance Oath, and is Director, National Board & NSW Chair for Women in Super.