Nicholas Whitlam

Background

He is the son of former Prime Minister Gough Whitlam and Margaret Whitlam.

Education

Harvard University.

Career

He first became publicly prominent in 1981 when he was appointed chief executive of the State Bank of New South Wales. Whitlam was the key figure in the 2000 demutualization and listing of NRMA Insurance Limited, the country"s largest insurance company, now known as Insurance Australia Group Limited (IAG). In 2002, the Australian Securities and Investments Commission (application-specific integrated circuit), a corporate regulator, initiated civil proceedings against Whitlam alleging breaches of his NRMA director"s duties in relation to his not signing a proxy vote, containing of 3793 votes, directing him to vote against a motion about the remuneration of directors.

The court ruled that he had breached his duties as a director and banned him from being a director of any company for five years.

Whitlam appealed the judgement. The New South Wales Court of Appeal found that he had not breached his duties as a director and reversed the ruling.

application-specific integrated circuit decided not to pursue the case to the High Court of Australia. Whitlam is a graduate of Harvard College (Bachelor of Arts cum laude, 1967) and the London Business School (Master of Science , 1969).

He has served as Chairman of the Australian Graduate School of Management at the University of New South Wales, and has an honorary doctorate from that university.

He has been married to Judith (née Frye) since 1973. She was a publicist for Vidal Sassoon and the Savoy Hotel. Believing they were unable to conceive children of their own, they adopted a girl (Alice) from Thailand and a boy (Edward) from Colombia.

Connections

Partner:

Malcolm Turnbull