Joint Statement by Baillieu Limited Chairperson David Trude and Managing Director Gavin Powell

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A Century of Expertise in the Now

Disruption. Technology. The next big thing.

These are the buzz words that grace the financial papers of today.

As one of Australia’s oldest privately owned financial advisory firms, we’ve seen words like these appear and disappear countless times. History has taught us that change is the only constant. And 100 years of experience has taught us how to navigate that change within the proper context of what has come before. So, no matter the era or climate outside, our clients prosper. Generation to generation, and beyond.

Our History


Key Staff

Key Staff

David Trude

David is a senior corporate banking executive with 40 years’ experience in a variety of financial service roles within the banking and securities industries. Before joining the EL&C Baillieu team, David worked with national and international banks across a diverse range of sectors. During this time, he played a leading role in managing operations and delivering complex large-scale financing programs, business development and acquisitions in global operations. An active industry member, he is currently Chairman of ASX listed company Hansen Technologies Ltd, and is a non-executive Director of MSL Solutions Limited and Acorn Capital Investment Fund Ltd. He is also a non- executive Director of the unlisted company Chi-X Australia Pty Ltd.

Gavin Powell
Managing Director/Acting Head of Private Wealth

Long-standing team member Gavin joined EL&C Baillieu in 1994. Starting as Financial Controller/Company Secretary, he has since worked his way up to became the Managing Director/Chief Executive Officer in 2000. And he’s led the way ever since. Prior to joining EL&C Baillieu, Gavin worked in the Audit Division at Ernst & Young for 10 years.

Walter de Gregorio
Chief Operating Officer

Growing from strength to strength, Walter has been with EL&C Baillieu for over 10 years. Prior to joining us, he held senior management roles covering operational and financial risk management responsibilities within the financial services industry.

Salvatore Trimboli
Chief Technology Officer

Salvatore is a senior technology executive with over 15 years’ industry experience. Throughout his expansive career, he has focused on large transformational digital platforms. Now, he brings his wealth of IT knowledge to the EL&C Baillieu team.

Stephen Macaw
Head of Corporate Finance

Stephen brings over two decades of experience in stockbroking and investment banking to his role as Head of Corporate Finance at EL&C Baillieu. He has been involved in a broad range of transactions across his long-spanning career, and is now responsible for providing a comprehensive range of services including equity raisings, debt raisings, underwriting new public listings, mergers and acquisitions, and institutional placements.

Alex Hay
Director of Institutional Sales

Long-standing team member Alex has worked at EL&C Baillieu since 1993. Beginning in our Research Department, he has since moved on to roles including Acting Head of the Retail Division and is the current Head of the Institutional Division.

James Casey
Head of Research

James has over 20 years of experience working in financial and investment markets, specialising in Australian listed equities. Much of this time has been spent working as a Senior Equity Analyst, covering numerous industries and companies. James has also worked in investment management as a Portfolio Manager, where he managed a portfolio of high quality Australian companies.

Melissa Nolan
Compliance Manager & Company Secretary

Melissa has over 30 years’ experience in financial markets, with a broad range of commercial knowledge and a focus on governance and compliance. She has been an integral part of the EL&C Baillieu team since 2008.

Malcolm Wood
Chief Investment Officer

Malcolm has over 30 years’ experience as an equity strategist, portfolio manager and asset allocator. A true globetrotter, his work has taken him across Australia, Asia and the US. During this time, he has worked for companies including Bank of America Merrill Lynch Australia, Morgan Stanley and BT Australia. Always community-minded, Malcolm is highly involved in innovative business approaches to addressing ultra-poverty in Asia.

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