Mark Gray is an Executive Director with BDO Kendalls, working primarily in the areas of corporate finance and government advisory services. He is also a Company Director and has over 35 years’ work experience in both the private and public sectors.
Prior to joining BDO Kendalls, Mark was the Office Head, Brisbane for the Macquarie Group (formerly Macquarie Bank) and a Division Director in Macquarie Capital Advisers for over 8 years. In these roles, he was the administrative head for Macquarie in Queensland, responsible for promoting the company’s interests and activities, and identifying and developing new business opportunities. He was also heavily involved in delivering a range of financial services, especially in the fields of corporate and project finance, including the financing of major infrastructure projects.
Previously, Mark had extensive experience in both the Queensland and Commonwealth Governments. He spent 17 years in Queensland Treasury, including 5 years as Deputy Under Treasurer from 1995 to 2000. He was involved in managing all the financial policies and strategies of the Queensland Government, including the State Budget; borrowing, debt management and investment strategies; management of the State’s assets; and financing of infrastructure projects. He was also heavily involved through the budget process in most of the public policy and service delivery issues affecting the State.
During this period, Mark was also a Director on the Queensland Treasury Corporation Capital Markets Board, which was responsible for debt and liability management for the Queensland Government. He was also a Director of Queensland Treasury Holdings and a number of related companies which held particular assets and other investments on behalf of the State.
Mark represented the Queensland Government in high level delegations at Premiers’ Conferences, Council of Australian Government meetings, Heads of Treasuries’ meetings and other senior intergovernmental forums for some 15 years. He was responsible for the negotiation of complex funding agreements with the Commonwealth Government and other State and Territory Governments, as well as resolution of other national financial and public policy issues affecting the State.
In earlier roles in Queensland Treasury, Mark was responsible for policy advice on intergovernmental financial relations and fiscal equalisation, and representation of Queensland’s interests in the deliberations of the Commonwealth Grants Commission. For a number of years, he managed the economic policy and research functions of Treasury. He established the first stand-alone Economics unit and introduced the first econometric modelling and forecasting capacity into the Department. He also chaired a major intergovernmental committee responsible for establishing a national framework for prudential regulation of State-based financial institutions such as building societies, credit unions and friendly societies.
Mark previously worked as an Agricultural Economist in the Queensland Department of Primary Industries from 1979 to 1983, and during the 1970s worked in various policy and research roles in the Industries Assistance Commission and the Australian Bureau of Statistics in the Commonwealth Government in Canberra.
- Director, Royal Flying Doctor Service (Queensland Section)
- Advisory Director, Principal Properties Pty Ltd
- Trustee, Queensland Art Gallery Board of Trustees
- Councillor, Griffith University Council
- Member, Urban Futures Brisbane Board
- Member, Queensland Brain Institute Development Board
- Member, Queensland Regional Council, Committee for the Economic Development of Australia
- Adjunct Professor of Economics, University of Queensland
- Senior Fellow, Financial Services Institute of Australia
- Fellow, Australian Institute of Management
- Member, Australian Institute of Company Directors