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| CURRICULUM VITAE - PERCY ALLAN AM | |||
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EMPLOYMENT HISTORY 1999 - Percy Allan and Associates Pty Ltd, Sydney Percy Allan and Associates is a public policy and management advisory practice that provides consultancy services to both private and public sector organisations. Its focus is on policy, economics, finance and management in the public sector and at the interface between private enterprise and government. Clients include Macquarie Bank, Sydney Water, Pro Tech Steel, Arthur Andersen, NSW Independent Pricing and Regulatory Tribunal, Department of Industry Science and Resources, ICM Australia, Tyndall Australia, University of NSW/ Department of Textile Technology, The TCFL Design and Technology Centre, NSW Public Works and Services Department, the Commonwealth Department of Finance and Administration, Surfboard Financial Technologies, ACIL Australia, Egis Consulting Australia, Mediate Today, Woollahra Municipal Council, World Bank, Chinese Ministry of Finance, Indonesian Ministry of Finance, Indian State Government of Karnataka Dept. of Finance, Chinese State Commission on Public Sector Reform, AusAID and the International Monetary Fund. Percy Allan is also Chairman of Constellation Capital Management Ltd. (a wholesale funds manager specialising in ‘value management’ of Australian equities. Constellation is half owned by Qantas Superannuation Ltd.) and Greyhound Racing NSW (the ‘privatised’ arm of greyhound racing in NSW, which is responsible for the commercial operations of 40 clubs and racing venues throughout the state). Percy is Chairman of the NSW Premier’s Council on the Cost and Quality of Government. The Council is responsible for reviewing and monitoring the performance of NSW Government agencies and publishing performance indicators on each policy area of government. Its members comprise the most senior public officials in NSW as well as leading management experts from the private sector. Percy is a Visiting Professor at Macquarie University’s Graduate School of Management and an Adjunct Professor in public sector management at the University of Canberra’s School of Business and Government. 1997—1998 - The Allen Consulting Group This position entailed establishing and leading the Sydney Office of The Allen Consulting Group, a Melbourne based political economy advisory practice that specialises in the economics of competition policy, infrastructure cost benefit analysis, industry assistance and government related issues management. Projects undertaken in this position covered coal mining, electricity, water, ports, superannuation, workers compensation, public housing, public finance, government priority setting and privatisation. In addition Percy gave regular presentations to professional conferences on the future of public policy and management in a globalised economy. 1994–1996 - Boral Limited, Sydney This position reported to the Chief Executive, was a member of the company’s Management Committee and involved attendance at all Board meetings. Responsibility for accounting, taxation, treasury, superannuation, purchasing, information technology and investor relations for the Boral group as a whole. Boral consisted of six operating groups incorporating 45 product divisions in Australia, USA, Europe, Asia and the Pacific Islands. Sales turnover was A$5 billion and total employment 22,000. The major achievement in this position was reforming Boral’s finance function including overhauling its strategic planning, general accounting and financial processing, treasury, taxation, purchasing, superannuation, IT, investor relations and head office administration. By mid 1996, annual savings of $35 million per annum were already being generated by these initiatives with the prospect of this rising to $100 million or more when the reforms were fully implemented. 1985–1994 - NSW Treasury, Sydney These positions reported to the Treasurer of New South Wales (who for much of the period was also Premier) and involved responsibility for management of NSW’s public finances, including accounting and financial administration, budgeting, intergovernmental financial relations, financial oversight of all Government Trading Enterprises, general economic advice, tax collection and centralised treasury operations. The NSW public sector had total revenues of over $30 billion and 282,000 employees. The major achievements of this position were upgrading the state’s financial management policies and processes to world best practice and obtaining the formal agreement of all Australian Governments to present their budgetary information on a uniform basis so that meaningful comparisons can be made of their financial plans and performance. Initiatives within NSW included:
In 1996 Percy Allan was awarded an Order of Australia for his contribution as Secretary, NSW Treasury, to improving state financial management. NSW Treasurer’s Office, Sydney This position was a secondment from the Treasury to the Treasurer’s private office and reported directly to the Treasurer and Premier of New South Wales. Involved giving the Premier and Treasurer independent advice on all policy submissions emanating from Treasury. The major achievement of this position was being a catalyst in triggering the transformation of Treasury from a traditional to modern financial manager. Specific initiatives included the introduction of program budgeting, annual public reporting by all government agencies, more informative budget papers and the introduction of regular performance evaluation for all government programs. Considerable effort was also put into promoting Sydney as the nation’s financial capital by abolishing stamp duty on the issue and trading of corporate bonds and mortgage backed securities, securing the agreement of the Federal Government to give income tax concessions to offshore banking units and establishing FANMAC Ltd to pioneer the large scale securitisation of mortgages. 1976–1982 - NSW Treasury, Sydney This position reported to the Chief Economist, NSW Treasury and was in charge of the Economics and Revenue branch of the Economics division. Responsibilities included economic and revenue forecasting, Commonwealth State financial relations and state tax policy. 1975–1976 - Department of Labour & Industry, Port Moresby, New Guinea This position reported to the Director of the Industrial Development Division and involved responsibility for assessing the financial feasibility and economic desirability of major private industrial proposals submitted to the Government for approval. It also involved promoting manufacturing activity in PNG. 1971–1975 - Bank of New South Wales (Westpac Banking Corporation), Sydney, Port Moresby and London These positions reported to the Bank’s Chief Economist and largely involved macro economic research, monitoring and forecasting as well as industry analysis. Outputs included special reports and private briefings for large clients of the bank and contributions to the Bank’s weekly and quarterly economic publications. 1968–1970 - University of - Sydney, Economics Faculty, Sydney This position was a part time teaching job, concentrating mainly on microeconomics. QUALIFICATIONS 1968 - Bachelor of Economics 1971 - Master of Economics EDUCATION Cranbrook School, Sydney and Sydney University. PROFESSIONAL DEVELOPMENT Has devoted at least ten working days a year to attending formal courses/conferences on diverse aspects of public and corporate financial and general management so as to keep abreast of latest developments in these disciplines. Has also read widely on these subjects, assembling a large personal library in the process. AWARDS 1996 - Order of Australia (AM) 2004 - Fellow of the Institute of Public Administration Australia (IPAA) 1997 - Trustee of the Committee for the Economic Development of Australia (CEDA) 1995 - Fellow of the Australian Institute of Company Directors (FAICD) 1994 - Fellow of the Australian Society of Practising Accountants (FCPA) 1993 - Fellow of the Australian Institute of Management (FAIM) PAST ACTIVITIES
PRESENT ACTIVITIES
PERSONAL Born: London, UK 24 July 1946. Emigrated to Australia in 1953, Australian Citizen Partner: Philippa Smith, AM – Chief Executive, Association of Superannuation Funds of Australia. Personal Interests: Future Studies, Public Policy, Reading and Writing, Movies and Theatre, Art and Painting, Travelling and Jogging. PERSONAL REFERENCES
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