Managed by:

Authorised Representative No: 001264243

Subscribe to our Email Alerts

Board and Management


The Board of the Responsible Entity currently comprises four Directors and two alternate Directors and they have a broad range of experience in financial services combined with financial and commercial expertise.

Details of the current Board are set out below.

Richard McCarthy

Acting Group Executive, Perpetual Corporate Trust



Executive Director — appointed in October 2018

Richard joined Perpetual in 2007 as Director, Sales and Relationship Management, and has been General Manager, Sales & Relationship Management, Strategy & Product and Marketing since 2011.

Richard has more than 23 years’ experience in banking and financial services, with deep sector knowledge in debt capital markets and managed funds.

Prior to joining Perpetual, Richard spent 10 years at JP Morgan Chase in London and Sydney in a number of senior leadership roles. Richard is a Director of the Australian Digital Commerce Association.

Glenn Foster

General Manager Group Finance, Group Services



Executive Director (appointed in July 2015, previously an alternate Director from March 2014 to July 2015)

Glenn is responsible for the Perpetual Group Finance function including external, regulatory and statutory reporting, financial operations, corporate tax compliance, treasury and capital management.

He is also responsible for Business Support Services including Facilities Management. He is a director of a number of Perpetual’s controlled entities (including those licensed with ASIC) and is also alternate director for Gillian Larkins, the Group Chief Financial Officer, who is a director of a number of controlled entities of Perpetual (including those licensed with APRA and ASIC). Glenn is a Chartered Accountant and commenced his career with Coopers and Lybrand (now part of PricewaterhouseCoopers) before entering the financial services industry in 1994. Prior to joining Perpetual in 2003, Glenn worked in a number of senior finance roles with AIDC Ltd, Babcock & Brown Limited, State Street Bank and Trust Company Limited and RAMS Home Loans. Glenn has a Bachelor of Commerce degree from the University of New South Wales, has been a member of the Institute of Chartered Accountants in Australia since 1989 and is a graduate of the Australian Institute of Company Directors.

Vicki Riggio

General Manager, Managed Fund Services. Perpetual Corporate Trust



Executive Director (appointed in May 2018)

Vicki Riggio is General Manager, Managed Fund Services, Perpetual Corporate Trust and has responsibility for Custody, Wholesale Trustee, Responsible Entity Services, Investment Management for MITs and Perpetual’s Singapore business.

Vicki was previously the General Manager, Management Services, where she held responsibility for Trust Management, Accounting and Investment Management services offered to debt capital markets and managed fund clients in Australia and offshore.

Prior to this, Vicki was the Head of Wholesale Trustee responsible for the delivery of trustee services to a portfolio of funds in excess of $40 billion, primarily supporting offshore investment into Australian real assets through managed investment trust structures. She has also previously been responsible for Perpetual’s debt markets trustee operations and ongoing trustee compliance arrangements. Having worked in the financial services industry for more than 20 years, Vicki has extensive experience across a variety of asset classes and trust structures.

Phillip Blackmore

Head of Wholesale Trustee, Perpetual Corporate Trust



Alternate Director (appointed July 2018)

Phillip was appointed as Head of Perpetual Corporate Trust’s Wholesale Trustee business in July 2016 where he has responsibility for servicing wholesale clients investing in real assets.

Phillip has over twenty years’ experience in financial services having worked in both Sydney and London. Prior to working for Perpetual, Phillip held front, middle and back office roles with Westpac, Morgan Stanley, Credit Suisse and IAG Asset Management, focusing primarily on operational risk and investment compliance. In March 2007 Phillip joined Perpetual’s Group Risk & Compliance team having responsibility for the design and implementation of Perpetual’s enterprise risk management framework and the placement of Perpetual’s insurance program. Phillip also acted as risk advisor to the Group Executive of Perpetual Investments, Corporate Trust, Digital & Marketing and People & Culture.

Phillip is also a Non-Executive Director of the Big River Impact Foundation and holds a Graduate Diploma in Compliance, a Master of Arts (Risk Management) and is currently completing an MBA at the Australian Graduate School of Management.

Simone Mosse

Chief Risk Officer, Perpetual Limited



Executive Director (appointed 27 September 2019)

Simone ("Sam") Mosse joined Perpetual Limited as its Chief Risk Officer in February 2019. Sam holds over 23 years' experience in the financial services sector, having previously worked as Global Head of Enterprise Risk and Head of Risk and Compliance, Pan Asia, at Janus Henderson Investors. Sam has previously held roles with Macquarie Group including as Head of Compliance and Operational Risk.

Sam holds a Bachelor of Commerce (Accounting) from the University of NSW and a Graduate Diploma in Applied Finance from FINSIA.

Primewest Management Team


John Bond

Executive Chairman



John is a founding Director of Primewest and has been instrumental in its growth and development. His background spans law, investment banking as well as property investment and development. As a professional property investor, he has over 30 years’ experience in negotiating acquisitions, overseeing the development of properties and asset management.

Along with his fellow Directors, John guides the Primewest team in all aspects of the business. John’s hands on approach affords Primewest a competitive and agile approach to delivering high quality outcomes. Since 1990 John has been instrumental in delivering exceptional property and community outcomes across residential and commercial sectors.

John is a qualified solicitor and also holds a Bachelor of Commerce degree and is a Corporate Member of the Property Council. He is Chairman of two charities, being Australian Doctors for Africa and The Fathering Project. John is also a Board member of the Art Gallery of Western Australia Foundation.

John is a responsible manager under the AFSL.

David Schwartz

Managing Director




David is a founding Director of Primewest and has been instrumental in its growth and development. David is a professional property investor with 25 years’ experience in negotiating acquisitions and overseeing the development of properties. He is a Non-Executive Director of Schaffer Corporation Ltd.

Over the past 40 years David has been involved in many different businesses including retail, manufacturing and distribution. His property investments have been strongly focused on retail and commercial developments.

David is a responsible manager under the AFSL.

Jim Litis

Executive Director




Jim is a founding Director of Primewest, (1995)

Having experienced forty years in the property industry in Australia, Jim is an influential and well respected figure and mentor. His expertise include the acquisition, development and management of retail and large format retail properties, and purchasing and renovating heritage buildings in Perth’s CBD. His vast knowledge of the retail industry has given him a unique insight and outlook when sourcing investment properties and opportunities for investors. Jim’s first foray into retail was opening his own Hi Fi store in the early 70’s.

Holding a Bachelor of Science (Pharmacy) from Curtin University in Western Australia, Jim’s interest in Science continues today and is fulfilled through his long term association and philanthropic support of Australian organisations including; Ear Science Institute Australia, The Leukaemia Foundation and The Perron Institute (Neurological and Translational Science). His support includes funding Post Graduate students and research.

Jim’s passion for Music, Sport and the Arts have led to his involvement in a number of successful West Australian enterprises including founding one of the first specialist sound system stores in Perth, Douglas HiFi, the Floreat Athena Soccer Club (The Litis Stadium), Venn Gallery, a contemporary art gallery and most recently The Rechabite, an entertainment venue hosting live music, theatre and performance.

Jim is a responsible manager under the AFSL.

David Creasy

Chief Financial Officer & Company Secretary



David is the Chief Financial Officer of Primewest and has over 25 years’ experience of financial, strategic and operational leadership in the property, hospitality and retail industries. Within the property industry David has significant experience in the development of residential, commercial and mixed-use properties across North America and in the management and operation of diverse investment property portfolios.

David leads the internal business operations of Primewest and is responsible for accounting, treasury, finance, information technology, human resources, compliance and administration.

David is a Chartered Professional Accountant (Canada).

David has been with Primewest since 2018.

Julian Lodge

Chief Investment Officer



Julian is the Chief Investment Officer of Primewest. He has over 24 years’ experience in the property industry with particular capabilities in property funds management, property development and the asset management of property investments.

His focus lies with the identification and delivery of key investment opportunities, together with the divestment strategy for Primewest. He works closely with the asset management team to deliver investment outcomes.

Julian is a Board member on the Western Australian Property Council Divisional Council and the Property Education Foundation of WA. He is a Senior Associate Member of FINSIA and is also a qualified Real EstateAgent.

Julian is a responsible manager under the AFSL. 

Julian has been with Primewest since 2002.

Adam O'Donoghue

Head of Asset Management



Adam has over 12 years’ experience in the property industry and oversees the Asset Management department. Adam and the asset management team seek to maximise property value and investor returns by improving properties’ cash flow, closely managing and monitoring property expenditure and maintaining close relationships with existing and potential tenants and other stakeholders associated with the Primewest portfolio.

Adam holds a Bachelor of Commerce and in previous roles has worked as a taxation accountant.

Adam has been with Primewest since 2007.