Paul Williams
Chair
Appointed 1 October 2025
Paul Williams commenced as Under Treasurer in February 2025. He is an experienced senior executive with more than 25 years’ experience in the banking and finance sector. He has held Board and Committee positions across funds management, hospitality, sport and the not-for-profit sector. Most recently he was the Chief Financial Officer with People First Bank and has previously held executive roles in strategy, finance and investment with Heritage Bank as well as the Bank of Queensland.
Philip (Phil) Graham
Appointed 4 July 2019
Phil Graham has extensive experience in investment management, financial markets, and economic policy. Mr Graham was Senior Portfolio Strategist and Deputy Chief Investment Officer at Mercer from 2007-18. He also held senior roles at QIC and Access Capital Advisors, and prior to this he worked for the Reserve Bank of Australia and the ANZ Banking Group. Mr Graham is a past-President of the CFA Society of Melbourne and was the President’s Council Representative for the CFA Asia Pacific North and Oceania region in 2015-19. He currently serves on the CFA Disciplinary Review Committee and is a trustee of the Research Foundation of the CFA Institute.
Brendan O'Farrell
Appointed 21 September 2023
Brendan O’Farrell is an experienced Non-Executive Director. He has more than 25 years’ financial services experience in senior executive roles including as Chief Executive Officer and Chief Investment Officer with his most recent role as Chief Executive Officer (including Chief Investment Officer) of lntrust Super from 2005-21. He currently runs his own consulting business, Maple Tree Consulting Pty Ltd. Mr O’Farrell’s current directorships include Brighter Super (Independent director and member of Investment, Audit, Risk and Technology Committees) Broncos Leagues Club Pty Ltd, Stadiums Queensland (Chair of Strategy and Planning Committee and Member of the Remuneration Committee), CMBM Facility Services Advisory Board, and Chair of Economic Development Queensland (member of Audit, Risk and Performance, and People and Culture Committee) and Chair of Clubs Queensland.
Wendy Tancred
Appointed 21 September 2023
Wendy Tancred has more than 35 years’ experience in the financial services industry, including banking, financial planning and superannuation. Following executive roles within AMP and Westpac, she was the Chief Executive Officer of two superannuation funds and a trustee director. While also having Chief Executive Officer and director roles in other industries, the majority of Ms Tancred’s career has been in highly regulated sectors, ensuring strong risk management and governance capability. She has deep investment expertise gained across multiple roles with a focus on long-term drivers of sustainable outcomes.
Matt Bonaventura
Appointed 5 January 2026
Matt Bonaventura was appointed Deputy Under Treasurer Fiscal Economic & Commercial in January 2026. Matt is an experienced executive leader with a background in banking and finance. He has extensive expertise leading teams responsible for commercial negotiation, financial planning and analysis, infrastructure finance, and project delivery.