The CMCRC Board
As at 1 January, 2018, the CMCRC Board comprises a mix of seven independent, private sector and university representatives. Six positions are currently filled. The majority of Board Members are independent of research providers, no more than one can represent university participants and the Chairman is independent.
Dr David Skellern AO, Chairman
Dr Skellern worked in radio astronomy for 10 years and lectured in electronics at Sydney and Macquarie Universities for 16 years before achieving prominence in the IT industry through Radiata, which he co-founded in 1997. Built on joint research carried out by Macquarie University and the CSIRO, the company demonstrated the world’s first chip-set implementation of the 54 Mbit/s IEEE 802.11a High-Speed WLAN standard. Radiata was sold to US giant Cisco Systems in 2001 for $565 million.
Dr Skellern joined the Board of National ICT Australia in 2003 and became its Chief Executive Officer in 2005.
Dr Andreas Furche, Deputy Chairman
Dr Furche has been involved in the development of financial technology start-up companies for 20 years in Australia, the US and Europe. As CEO of SMARTS, the globally leading market surveillance company, he led the development of the business, which was grown out of CMCRC and acquired by NASDAQOMX in 2010. He developed CMCRC's original commercialisation strategy in 2003, and was involved in the development of a number of other start-up businesses within CMCRC. This includes CMC-IS, Australia's leading provider of fraud and error detection in health insurance claims, of which Dr Furche is now Chairman.
Prior to his involvement with CMCRC, Andreas was a Partner in Electronic Trading Concepts, which was sold to Securenet in 2000. In the 1990s, he worked as a software developer and project manager on the development and deployment of expert systems. Andreas
was also deeply involved in one of the most interesting commercial failures of the early Internet – the attempt to bring electronic cash into global circulation with DigiCash in the mid to late 1990s. Electronic cash remains a favourite topic of his.
Professor Christine Bennett AO
Professor Bennett is an experienced company director and has held many Non-Executive Director roles for private and publicly listed companies, as well as government and charitable organisations. She currently sits on the boards of RetireAustralia, Capital Markets CRC and Lorica Health. Prof. Bennett is also currently the Chair of Sydney Children’s Hospitals Network and the DHCRC Advisory Board.
She is the former Chair of Research Australia – an alliance of over 170 member organisations promoting health and medical research in Australia and The Sydney Children’s Hospitals Network in NSW. Prof. Bennett was appointed to the role of Professor and Dean, School of Medicine, Sydney, The University of Notre Dame Australia in May 2011. Prior to this appointment, she was the Chief Medical Officer for Bupa Australia Group. Prof. Bennett is a specialist paediatrician and has over 30 years of health industry experience in clinical care, strategic planning, business operations and senior management in the public, private and not-for-profit sectors. She is also a Fellow of the Royal Australasian College of Physicians and has an active commitment to and involvement in medical professional issues, social policy and medical research.
Prof. Bennett was made an Officer of the Order of Australia (AO) in the Australia Day 2014 Honours List. The award recognises her distinguished service to medicine and healthcare leadership, as a clinician,researcher and educator, particularly in the fields of child and family health and social policy.
Dr Rob Lang
Dr Lang is Chief Technology Officer of OpenMarkets, a digital trading platform that provides retail investors, traders, advisers, robo-advisers, brokers and financial intermediaries with a suite of innovative brokerage services for trading on the Australian securities markets. Previous to this, he was Chief Executive Officer of Auggd, a market-leading start-up in AR/VR products and services.
From 2007-2013, Dr Lang led the technology and software development for all SMARTS products, including managing the technology transition to Nasdaq when SMARTS was acquired in 2010. From 2013 through 2016, he led the SMARTS and TradeGuard businesses inside Nasdaq and was General Manager of the Nasdaq Australia office. Prior to 2007, Dr Lang spent 10 years in various technology management roles, mostly in Silicon Valley, California, producing hardware products in the computer graphics and image processing industry, most notably for Silicon Graphics and Nvidia.
Dr Lang received a PhD in Computer Engineering from Newcastle University in Australia in 1996.
Emeritus Professor Mary O'Kane AC
Professor O'Kane is NSW Chief Scientist and Scientific Engineer, as well as Executive Chairman of Mary O’Kane & Associates Pty Ltd, a Sydney-based company that advises governments, universities and the private sector on innovation, research, education and development.
Prof. O'Kane was Vice-Chancellor of the University of Adelaide from 1996-2001 and has served on many boards and committees in the public and private sectors, both nationally and internationally.
Distinguished Professor Stephen Taylor
Professor Taylor is Professor of Financial Accounting at UTS and a member of the Australian Accounting Standards Board (AASB). He leads a CMCRC research program examining the measurement of accounting and audit quality. His research focuses on the intersection of financial economics and accounting. In particular, his work has examined how corporations manage their disclosure policies, the effect of accounting and non-accounting data on firms’ value, the economics of auditing, corporate governance issues and initial public offerings.
Professor Taylor’s research has been published in leading international journals, including the Journal of Accounting and Economics, Contemporary Accounting Research, Journal of Financial and Quantitative Analysis, Journal of Corporate Finance, Journal of Banking and Finance, Pacific Basin Finance Journal and Journal of Business Finance and Accounting. He has also been published in leading Australian journals, namely Accounting and Finance, Abacus and Australian Journal of Management.
Prof. Taylor has acted in a number of matters involving valuations, buybacks, valuation methodologies and financial forecasts, and provided expertise to a range of institutions interested in financial market valuations.