--- title: Corporate Governance date: 2025-09-17T09:28:00+10:00 author: "webmaster@walkerdesigns.com.au" canonical_url: "https://maib.tas.gov.au/corporate-governance" section: Site Content --- ![On the road at sunset](https://maib.tas.gov.au/volumes/images/Content/Banner/_2500x1200_crop_center-center_none/10330/shutterstock_1668524506.webp) # Corporate Governance The registered office of MAIB is Level 1, 33 George Street, Launceston, Tasmania 7250, Australia. The activities of MAIB are governed by a Board of Directors appointed by the Tasmanian Government (the “Shareholder”). The Shareholder is represented by two Ministers, the Treasurer and the Minister for Infrastructure and Transport. #### **MAIB Directors** ![Lance](https://maib.tas.gov.au/volumes/images/Content/about/corporate/_690x1000_crop_center-center_none/9505/lance.webp)Read bio ### LANCE BALCOMBE ###### Chair (Independent) --- ![David](https://maib.tas.gov.au/volumes/images/Content/about/corporate/_690x1000_crop_center-center_none/9537/david.webp)Read bio ### DAVID BLUNT ###### Director (Independent) --- ![Kristen](https://maib.tas.gov.au/volumes/images/Content/about/corporate/_690x1000_crop_center-center_none/9549/kristen.webp)Read bio ### KRISTEN FITZGERALD ###### Director (Independent) --- ![Kate](https://maib.tas.gov.au/volumes/images/Content/about/corporate/_690x1000_crop_center-center_none/9536/kate.webp)Read bio ### KATE GILLIES ###### Director (Independent) --- ![Vincent](https://maib.tas.gov.au/volumes/images/Content/about/corporate/_690x1000_crop_center-center_none/9535/vincent.webp)Read bio ### VINCENT MCLENAGHAN ###### Director (Independent) --- ## LANCE BALCOMBE BCom, FCA, MAICD ##### Chair (Independent) **Appointed (Chair):** 17 December 2022 Director (Independent) **Reappointed (three-year term):** 17 December 2025 to 16 December 2028 **Member:** Audit Committee Foundation Committee (Chair) Lance is a Chartered Accountant with a combined 40 years' experience in public practice and senior executive roles in the Tasmanian private and State-Owned Company sectors. Until March 2021, Lance served as the inaugural Chief Executive Officer of Tasmanian Networks Pty Ltd (Tasmania's transmission and distribution network service provider). Prior to that, Lance was the Chief Financial Officer at Hydro Tasmania and also served as the Chief Financial Officer of the Incat group of companies. Lance is Chair of the Ian Harrington Group (Roadways) and a Director of Liferaft Systems Australia Pty Ltd and of No Interest Loans Network of Tasmania Limited. He also operates his own business advisory firm, Wallasey Advisory Pty Ltd. ## DAVID BLUNT BA, CAIA, GAICD ##### Director (Independent) **Appointed:** 20 December 2024 **Reappointed (three-year term):** 1 February 2026 **Member:** Audit Committee Claims Committee David is an institutional fiduciary investor and non-executive director. His professional experience spans a range of functions including capital markets, funds and investment management, governance, and risk management. David is currently Head of Growth Assets at Perpetual Private where he is responsible for managing several investment programmes. Prior to Perpetual Private, David held roles with ANZ and MLC. David is also a non-executive director of the Utilities of Australia. ## KRISTEN FITZGERALD MBBS (Hons), FRACGP, MPH & TM, AFANZAHPE, GAICD ##### Director (Independent) **Appointed:** 1 October 2021 **Reappointed (three-year term):** 1 October 2024 **Member:** Claims Committee (Chair) Foundation Committee Kristen is a medical practitioner with over 25 years' experience in clinical care, population health and medical education. She continues to provide direct patient care as a General Practitioner in Tasmania. Kristen commenced as a board member of the Tasmanian Board of the Medical Board of Australia in 2014, becoming Chair in 2020. ## KATE GILLIES BEc (Hons), CPA, GAICD ##### Director (Independent) **Appointed:** 1 January 2024 **Member:** Audit Committee (Chair) Kate has over 20 years’ experience working in both government and privately owned businesses. Kate has served in senior executive roles leading a wide range of functions, including finance, revenue generation, human resources, strategy, information technology, internal audit and stakeholder engagement. Kate is currently the Chief Financial and Commercial Officer at Hobart Airport. Prior to that, she worked as the General Manager, People and Commercial Services of Aurora Energy and Deputy CFO of Hydro Tasmania. ## VINCENT MCLENAGHAN GAICD, SNR ASSOC ANZIFF ##### Director (Independent) **Appointed:** 27 March 2023 **Member:** Audit Committee Claims Committee Vince is an experienced executive and director with 45 years' experience in the insurance industry, across all facets of insurance operations, in Australia and internationally. Until January 2021, Vince served as Executive Vice President of a US domiciled insurance group with operational oversight of business units located in Europe, Asia, Latin America and the USA. Vince is also a director of a private investment company. The Board is empowered to govern by the [*Motor Accidents (Liabilities and Compensation) Act 1973*](https://www.legislation.tas.gov.au/view/html/inforce/current/act-1973-071) and by the *Government Business Enterprises Act 1995*. The Board and the Shareholder have agreed a [Statement of Corporate Intent](https://maib.tas.gov.au/statement-of-corporate-intent) which sets out the MAIB’s corporate direction and objectives. The Board must prepare and release a progress report on the operations of the MAIB for the period ended 31 December each year. MAIB's Unaudited Half-Year Report for the Period Ending 31 December 2025 can be [found here](https://maib.tas.gov.au/volumes/documents/MAIB-Unaudited-Half-Year-Report-for-the-Period-Ending-31-December-2025.PDF). Further information on the MAIB can be found in our [Annual Reports](https://maib.tas.gov.au/annual-reports). Other relevant documents include: - [Board of Directors Code of Conduct](https://maib.tas.gov.au/volumes/documents/Publications/COR221_BoardofDirectors_CodeofConduct.pdf) - [Ministerial Charter](https://maib.tas.gov.au/volumes/documents/Publications/Ministerial-Charter-2024.pdf) - [Employee Code of Conduct](https://maib.tas.gov.au/volumes/documents/Publications/COR005_EmployeeCodeofConduct.pdf) - [Modern Slavery Statement FY25](https://maib.tas.gov.au/volumes/documents/Publications/MAIB-2025-Modern-Slavery-Statement.pdf)