Board and Executive Team

Wayne Collins
Director (Appointed 2020)
BE (Elect), BBus, MIEAus, GAICD

Wayne has more than 45 years of experience in the power and mining industries. Prior to his retirement from executive roles in June 2020, Wayne lead TransAlta Corporation’s global mining activity and power generation operations across all fuel types. TransAlta is a publicly traded international power business based in Calgary, Canada.

Prior to this, as Chief Operating Officer for Stanwell Corporation Ltd (Queensland), he was responsible for a fleet comprising coal, gas and hydro power generation and a large open cut coal mine.

His career has predominantly been in power plant operations and maintenance but also included a period developing and building new utility scale renewable power plants.

He has spent more than 20 years working in associated energy commodity markets (power, coal, gas, liquid fuel) relevant to power generation. Wayne serves on the boards of Hydro Tasmania and Momentum Energy Pty Ltd.

Wayne is the Chair of the Mega Projects Committee and a member of the Audit, Risk and Compliance Committee.
 

Liz Cunningham
Director (Appointed 2025)
Diploma of Theology (Dip. Theol.)

Liz brings more than three decades of leadership experience across local and state government, with a strong focus on governance, community engagement, and regional development.

Liz served as Member for Gladstone in the Queensland Legislative Assembly from 1995 to 2015, where she played a pivotal role in shaping policy and advocating for regional communities. Prior to her State Parliamentary career, Liz spent eight years in Local Government, including five years as Mayor of Calliope Shire and three years as Councillor.

Her extensive experience in government has given her a deep understanding of the critical importance of supply security, particularly in one of Queensland’s largest heavy industry hubs where she has lived and worked. Liz is also a former Board Member of the Local Government Mutual Insurance Pool, contributing to governance and risk management for Queensland Councils.

Liz is a member of the People, Safety and Environment Committee and the Mega Projects Committee.

Richard Douglas
Director (Appointed 2025)
Master of Business and Technology (UNSW), MAICD

Richard brings over 20 years of executive leadership in technology, operations, and commercial roles across global financial services, fintech, and public sectors. With a dynamic career spanning Australia, Hong Kong, Denmark, the UK, India, and China, his expertise includes corporate governance, risk management, compliance, and business transformation, with a proven track record in M&A integrations, regulatory licensing, and strategic growth.

Richard currently holds executive and board positions across fintech, investment, and not-for-profit sectors, including COO, Executive Director and Non-Executive Director roles where he focuses on strategic planning, operational excellence, and risk and compliance transformation. Richard combines strategic vision with operational and regulatory expertise to drive growth and innovation resulting in sustainable outcomes.

Richard is a member of the Audit, Risk and Compliance Committee and the Mega Projects Committee.

Diana Lollato
Director (Appointed 2025)
Grad Dip Applied Finance and Investment (FINSIA), GAICD

Diana is a senior executive with over 30 years’ leadership experience spanning banking, financial services, and public sector advisory. She has a proven track record of delivering complex, multi-stakeholder initiatives across Queensland’s State and Local Government sectors, with deep expertise in public financing, infrastructure advisory, and strategic transformation.

Diana is currently the Managing Director, Queensland, at Create Advisory. Her career includes a decade in senior executive roles at Queensland Treasury Corporation, where she led financial strategy and stakeholder engagement across Local Government, Water, and Government-Owned Corporation portfolios. Prior to this, she spent 20 years in financial markets with leading international banks including Lloyds Bank and Citibank, working across Australia and Asia.

Diana brings a strong understanding of governance, funding frameworks, and public value delivery, along with commercial acumen and a collaborative leadership style that supports strategic decision-making and long-term outcomes.

Diana is the Chair of the People, Safety and Environment Committee.

Craig McClintock
Director (Appointed 2025) 
BE.Mech (Hons),RPEQ, M.IEAUS, M.AIRAH, M.ASHRAE, CMVP, GAICD

Craig is the managing director of McClintock Engineering Group Pty Ltd.

With a distinguished career in mechanical and electrical consulting engineering, Craig has led major projects across Queensland in public, commercial and industrial sectors. Craig is the founder of McClintock Engineering Group, known for innovation and sustainability. He has designed some of Australia’s largest district cooling systems with integrated thermal energy storage interacting with microgrids and won numerous national and international awards for innovation. His experience extends to power demand management techniques, contestable energy market and energy efficiency for strategic commercial value.

Craig is a leading professional advisor, recognised for his technical and practical expertise, commercial acumen, and strategic approach to risk management and governance.

Craig is a member of the Audit, Risk and Compliance Committee and the Mega Projects Committee.

Peta Tilse
Director (Appointed 2025)
B Bus (Banking & Finance), Grad Dip (Applied Finance), M App Fin, SF FINSIA, GAICD

Peta Tilse is an experienced executive and non-executive director with over 25 years in capital markets, funds management and commercial property. She brings commercial experience and expertise in risk management, strategy and capital management to her board roles.

Peta has held executive leadership roles with ASX200-listed companies, as well as senior leadership positions within investment banks and financial services organisations. Her experience includes managing multi-billion-dollar fixed income portfolios with investments in infrastructure and regulated assets, leading funds management businesses, property funds management, and advising Queensland statutory authorities on capital planning and funding strategies.

She has also served on state and national councils for FINSIA and as Deputy Chair of the Queensland Futures Institute’s Accessing Capital Committee. Peta is currently a Member of the Tafe Queensland Board and the Tafe Queensland Audit, Finance, and Risk Committee.

Peta is the Chair of the Audit, Risk and Compliance Committee and a member of the People, Safety and Environment Committee.