CURRICULUM VITAE

Nicholas Richard Whitlam has more than forty years experience in most aspects of banking and finance. He presently serves on the boards of the Lifetime Care & Support Authority (as chairman), Port Kembla Port Corporation (chairman), the WorkCover Authority (deputy chairman), the WorkCover Fund (deputy chairman) and the Whitlam Institute.

From 1996 to 2001 Mr Whitlam was President of the National Roads and Motorists’ Association Limited ("the NRMA"), Australia’s largest mutual organization, from 1996 to 2002. He was Chairman of NRMA Insurance Limited, Australia’s largest general insurance company 1996 – 2001, and was the central figure in the demutualization and public listing of that company which is now known as Insurance Australia Group Limited ("IAG").

A career banker, in 1969 Mr Whitlam joined JP Morgan directly from business school, working first in New York and then in London. From 1975 to 1978 he was with American Express in Sydney and then Hong Kong, before joining Banque Paribas, also in Hong Kong. He was Managing Director and as such chief executive of the State Bank of New South Wales from 1981 to 1987, having joined the board of the Rural Bank (as the State Bank was then known) as an executive Commissioner in 1980. Mr Whitlam was then Managing Director and joint CEO of the investment bank, Whitlam Turnbull & Co, from 1987 to 1990. In 1990 he established Whitlam & Co, where his clients have included - inter alia - Asian Capital Partners, the Carlyle Group, Deloitte Touche Tohmatsu and Deutsche Bank AG.

Mr Whitlam was Chairman of the board of the Australian Graduate School of Management ("AGSM") from 1986 to 1997. He has served on the Council of The University of New South Wales, and was the inaugural Chairman of the Whitlam Institute within the University of Western Sydney, 2000-2002. He is a former Chairman of the Sydney Symphony Orchestra (1991-1996). In sports administration, he has served on the Sydney Cricket Ground Trust, the inaugural board of the Australian Sports Foundation and was a member of the Sydney Olympic Games Bid Committee; at the Sydney 2000 Olympics he was Attaché for Hong Kong. Mr Whitlam is a Trustee of the Steiner Pohl Foundation and a Governor of the Curran Foundation at St Vincent’s Hospital, Sydney.

He holds degrees from Harvard College (AB cum laude, 1967) and London Business School (MSc, 1969) and has been awarded an honorary doctorate (Hon. DUniv) by The University of New South Wales. Mr Whitlam was born in Sydney where he attended Sydney High School. He is married to the former Judy Frye; they have three adult children and live in a coastal village south of Sydney.

His memoir Still Standing was published by Lothian Books in 2004.

Date of birth: 6 December 1945.