a. Oversee the development of the University’s key strategy of building ‘wealth’ to support the University’s long term educational goals.
b. Oversee the investment of all monies of the University (including monies held in trust).
c. Exercise oversight of the finances of all University trusts and foundations.
One has to wonder if Murdoch University itself is quietly investing in the coal seam gas industry, given the background of the committee chair.
One also has to wonder why Mr. Iannello, living in his plush WA suburban MacMansion with its pool and tennis court, would consider associating himself with a mining sector which has the potential to threaten water security, local economies, lifestyle and amenity in the far away Northern Rivers region of New South Wales.
Perhaps he considers ERM Power's directors fees too good to refuse?