Doug Lochhead

Experience

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  Harbottle & Lewis

  Jan 2001 - Jan 2007

  Harbottle & Lewis LLP is a sector-orientated law firm, primarily focussing on the creative industries.As a new partner, I identified the need to improve firm-wide time recording, billing, and payments, leading to my appointment on the Management Executive Committee as Finance Partner at the start of my second year as a partner, resulting in enhanced focus on these matters by the partnership and in overall financial performance. I was responsible for the firm’s finance function, including budgets, managing the accounts team, and relationships with auditors and bankers, before relocating to Sydney in 2007. Show less I revitalised the firm's relationship with Virgin Atlantic, British Midland, and TNT Airways, securing repeat instructions from these and other aviation clients over my six years at the firm (starting before I was a partner), commencing around the time of the September 11 2001 terrorist attacks. I established a film and general finance practice from scratch, winning business from Grosvenor Park Media (a UK based film tax fund), Chrysalis, Virgin Active, and independent film producers. Over the course of six years, I created a practice with annual billings of over £750,000 and which supported three full-time lawyers (as at 2007). Show less

  • Member - Management Executive Committee

    Jan 2005 - Jan 2007

  • Partner and Head of Aviation, Finance and Film Finance

    Jan 2004 - Jan 2007

  • Senior Associate

    Jan 2001 - Jan 2004
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  King & Wood Mallesons (ex Mallesons Stephen Jaques)

  Oct 2007 - Oct 2010

  Special Counsel, Asset Finance Group

  Mallesons Stephen Jaques (Now King & Wood Mallesons) is a top tier Australian law firm.This was a quasi-partner role, overseeing client relationships and managing billing, in addition to bringing work in and supervising it.I secured direct repeat instructions from Investec Australia and other clients for aviation and asset acquisition, financing, and leasing matters, including extensive involvement with the Investec Global Aircraft Fund and its internal investment committee and fund governance structure and processes, including NEDs (this continued after joining Investec).I independently won film finance work from Australian and UK film funds, acting on international co-productions and producer offset-related financing transactions.I was seconded to Lloyds International, GE Commercial Aviation Services and Investec. Show less

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  Investec (Australia)

  Nov 2010 - now

  Investec initially operated in Australia as an ADI bank, and thereafter as a non-bank subsidiary and then as an Australian branch of Investec Bank plc (for lending and derivatives). Core ongoing products and services were lending, derivatives, funds, corporate advisory and on-balance sheet investments. Following the closure of Investec Australia in 2021, I am now the sole in-country representative for its remaining Australian incorporated subsidiary entities, which includes participating in monthly management meetings and other ad hoc legal, tax, and other work as required, including ensuring compliance with all regulatory and tax filings and related matters.As a Director since mid-2021, I have overseen and continue to implement the closure of Investec Australia, managing regulatory, legal, and tax matters, including the sale of on- and off-balance sheet assets, and overseeing the immediate aftermath and extended remediation of a major fire at an industrial property. This included representing Investec on behalf of emergency services and other local and state government agencies, as well as securing reimbursement from insurers, before bringing the site back to market and completing its sale to a third party within nine months of the date of the fire, with no residual fire-related liabilities for Investec. Show less I have led the Investec Australia tax function since 2014 (as an employee until February 2023, now in a part-time/contractor capacity), including acting as Public Officer, with responsibility for all Australian related tax and transfer pricing matters. This included establishing a tax corporate governance framework within the Australian business and including domestic and offshore internal tax risk reporting, ATO and SRO liaison, transfer pricing documentation and policies, transactional tax matters, and tax implications of ongoing changes to Investec’s corporate structure and operating models.I reported to Investec’s Australian Audit, Risk, and Compliance Committee in relation to tax matters between 2015-2020.I have had responsibility for the tax function at Investec Australia during a period of significant legal and regulatory change in relation to tax and transfer pricing matters, operating within Investec’s risk management frameworks and multi-jurisdictional legal and regulatory requirements. Show less From 2015 I led the Investec Australia legal team in relation to all legal matters, until the closure of the Australian business in 2021 and during a period of significant legal and regulatory change. This also included:- Extensive participation in Audit, Risk and Compliance, Executive Credit and Investment Committees with C-suite executives and NEDs from Investec Australia and Investec Group (UK and South Africa), including reporting to the Investec Australia Audit, Risk and Compliance Committee in respect of legal matters. - Day-to-day engagement with C-suite executives from Investec Australia and Investec Group (UK and South Africa) in relation to client matters and strategic internal matters.- I made the case internally for Investec Australia to operate as an Australian branch of Investec Bank plc and then led the project to obtain the banking licence from APRA, establish the branch and transfer Investec's existing lending and derivatives businesses and assets into the branch, including chairing the Steering Committee for the same. This included acting as the primary contact for APRA, ASIC and the ATO, writing the initial three year business plan for the branch, collating and submiting the APRA application and overseeing the preparation of all policy documentation. This enabled Investec Australia to face the Australian market as an APRA and PRA/FCA regulated, UK-listed investment grade bank. - I led the restructuring of the entire Investec Australia business in 2014, as chair of the Steering Committee and project leader - the restructure was the primary condition precedent to the sale of Investec Bank (Australia) Limited to Bank of Queensland and the divestment of Investec Australia’s medical and asset finance businesses plus associated deposit book.- Acting as chairman of the Due Diligence Committee for the Investec Australia Emerging Companies Fund. - Membership of the Investec Australia Conduct and WHS Committees and acting as Privacy Officer. Show less

  • Director

    Jul 2021 - now

  • Head of Tax and Public Officer

    Nov 2014 - now

  • Head of Legal

    Apr 2015 - Feb 2023

  • Senior Legal Counsel, Corporate and Institutional Banking

    Nov 2010 - Aug 2015
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  Adamantem Capital

  Sept 2023 - Feb 2024

  Interim General Counsel

  Adamantem Capital is a mid-market Australian private equity firm focussed on responsible investment, with three private equity buyout funds and one listed equity fund (Melior Investment Management). I was responsible for all legal and compliance matters related to the private and public equity businesses, which collectively manage four funds with over A$2 billion FUM.Working closely with the Board, CFO, and deal teams, I played a lead role in negotiating and implementing a net asset value facility for Adamantem Capital Fund I under a compressed timetable, one of the first facilities of its kind in the Australian market.I documented and implemented a tax corporate governance framework for use within Adamantem, Melior, and portfolio companies.I oversaw fund and deal closings, marketing reviews, and other risk and compliance matters. Show less

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  Challenger Limited

  Mar 2024 - Jun 2024

  Senior Legal Counsel

  Challenger Limited is an ASX listed investment management firm providing retirement and other investment products. I was seconded to Challenger by Minter Ellison Flex.I had legal responsibility for the sale of Challenger Bank to Heartland Group and the related sale and acquisition of two portfolios of receivables, working closely with the bank’s CEO and CFO. I was also responsible for the legal aspects of securitisation and other debt capital markets transactions.

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  Peerpoint

  Nov 2024 - now

  Peerpoint Consultant

  Independent consultant working on interim assignments with Peerpoint on an ad hoc basis.

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  QANTM IP

  Dec 2024 - now

  General Counsel