PPM Team - Private Portfolio Managers

Experienced Investment and Management Team

PPM employs an experienced team of dedicated investment managers and professionals in research & portfolio management, investment administration & reporting, settlement & accounting, governance & compliance and business development & client services. Our staff hold a variety of tertiary qualifications, industry accreditations, and specialist qualifications. Our remuneration structure reflects a philosophy that aligns the manager’s interests with the interests of our clients.

HUGH MACNALLY

B.A., ASIA, F Fin, OPM (Harvard) - Executive Chair

Hugh MacNally is a Director and the founder of PPM. He has been a full time executive of PPM since 1995 and is responsible for management of portfolios and the analysis of investment opportunities. Prior to founding PPM, Hugh was the Investment Manager at Permanent Trustee Company, where he had responsibility for the management of a large number of portfolios on behalf of estates, individuals and charities, totaling $900 million. Prior to joining Permanent Trustees, Hugh was an analyst and later investment manager at APA Assurance covering Australian and New Zealand equities. Hugh commenced his career in 1984 and has completed the OPM management course at Harvard Business School.

IAN HARDY

B.Ec., F Fin - Non-Executive Director

Ian Hardy serves as a Non-Executive Director on PPM's Board, bringing strategic oversight and governance expertise to ensure robust investor advocacy and regulatory compliance. Previously a Portfolio Manager at PPM where he managed fixed interest and equities, Ian's career includes serving as Chief Investment Officer at Centric Wealth, managing $400 million in funds, and as Group Chief Investment Officer at Challenger, where he was instrumental in growing the business while overseeing more than $8 billion in funds. With over 40 years of investment management experience, his deep understanding of PPM's operations and broad market expertise strengthens his governance capabilities.

PETER REED

B.Ec., LLB - Portfolio Manager, Director

Peter Reed joined PPM in July 2007 to undertake stock research and portfolio management. Peter spent 8 years during the 1990's with Chase Bank in Tokyo managing international equity portfolios. In 2001 Peter relocated back to Australia, where he joined QBE Insurance, managing Australian and New Zealand equity portfolios. Funds under management within the investment division at the time were in excess of $15 billion. Peter holds a bachelor degree in Economics and Law from the University of Sydney.

VAUGHN CHAPMAN

Non-Executive Director

Vaughn Chapman has served as a Non-Executive Director at Private Portfolio Managers (PPM) since July 2010. A Fellow of the Institute of Chartered Accountants since 1976, he brings over five decades of financial expertise to the board. After qualifying as a Chartered Accountant in 1971, Vaughn held the position of Secretary/Accountant at Bankers Trust before joining W. F. Allworth and Sons in 1972. In 1974, he founded Chapman and Eastway, Chartered Accountants, which served as PPM's accounting and tax advisory firm from 1995 until the company established its internal accounting function.

HUGH MACNALLY

B.A., ASIA, F Fin, OPM (Harvard) - Executive Chair

PETER REED

B.Ec., LLB - Portfolio Manager, Director

JILL MAY

B Bus., DFP (1-4) and FASEA Accredited – Head of Client Relations

Jill joined PPM in 2018 and is responsible for managing the current and future clients and relations in conjunction with the Portfolio Managers and Business Development team. Jill’s diverse experience from prior roles across banking, fixed interest sales, and portfolio and financial markets advisory gives her the ability to understand the holistic client needs and objectives, both in the direct client IMA business and the SMA advisor market. She persists to figure out an answer to a problem, and clients welcome that! Jill holds a Bachelor of Business in Banking and Finance from Monash University and a Diploma of Financial Planning. She is also FASEA accredited.

FRANKLIN DJOHAN

B.Bus., MBA, CPA - Portfolio Manager

Franklin Djohan joined PPM in 2005, and is responsible for investment research for both domestic and international equities. Prior to joining the investment management team, Franklin was the fund accountant responsible for portfolio accounting and reporting at PPM. Franklin holds a Bachelor of Business in Accounting and Finance, and a Master of Business Administration. He is a member of Certified Practising Accountants (CPA).

AJAY REDDY

AdvDip Bus Mgt and Marketing, AssocDip Acctg – Operations Manager

Ajay joined PPM in September 2017 as Operations Manager and is responsible for overseeing portfolio administration. Prior to joining PPM, Ajay was Head of Operations at Altair Assets Ltd, where he was responsible for managing and implementing operational functions. Earlier career roles were within insurance and shipping industries. Ajay has over 16 years of management and operations experience in a challenging and rapidly changing financial environment.

HUGH MACNALLY

B.A., ASIA, F Fin, OPM (Harvard) - Executive Chair

PETER REED

B.Ec., LLB - Portfolio Manager, Director

FRANKLIN DJOHAN

B.Bus., MBA, CPA - Portfolio Manager

Neil Sahai

B. App Fin – Portfolio Manager

Neil Sahai is a Portfolio Manager responsible for managing the fixed income strategy. In addition, he performs investment research on both domestic and international equities, as well as managing client portfolios. Neil has been with PPM since 2018, initially starting as a Dealer, a position he still oversees. Neil holds a bachelor’s degree in Applied Finance from Macquarie University.

MAX HERRON-VELLACOTT

B.Bus – Portfolio Manager

Max Herron-Vellacott is a Portfolio Manager responsible for undertaking investment research for both domestic and international equities as well as managing client portfolios. Max originally joined PPM as an Analyst in PPM's Investment Team after completing a Bachelor of Business (Finance) at the Queensland University of Technology. Max has also undertaken some postgraduate studies in Data Science at the University of New South Wales.

Sukriti Arora

Data Analyst. B.Tech (Computers & Communication), M.Com (Extension, Data Analytics & Business Information Systems)

Sukriti joined PPM in February 2025 as a Data Analyst. Her role is to further improve PPM’s quantitative data analysis capabilities. She works closely with the PPM investment team in enhancing PPM’s investment analysis and screening capabilities. Prior to joining PPM Sukriti worked as a Product Developer Analyst and Software Engineer for several multi-national information technology services consulting groups.

JILL MAY

B Bus., DFP (1-4) and FASEA Accredited – Head of Client Relations

Warren Jones

Head of Financial Adviser Distribution

Warren joined PPM early in 2022 and is responsible for managing the growth and relationships with the financial advisers and practices looking to leverage off the benefits and efficiencies of managed accounts through SMA and IMA structures for better client outcomes. Warren brings a wealth of experience having held senior roles in funds management, corporate and Industry super as well as banking with organisations including NAB Wealth, BT Financial, Contango Asset Management and Statewide Super. Warren holds a Master of Entrepreneurship and Innovation (MEI) from Swinburne University and Advanced Diploma in Financial Services (FP).

Shaun Purcell

Business Development Manager

Shaun joined PPM in May 2025 as Business Development Manager for Financial Adviser Distribution, bringing expertise in financial services. With specialisation in superannuation, wealth management and insurance, Shaun supports advisers with PPM's managed account solutions. Previously, Shaun served as Business Development Manager at Aware Super (2021-2024), strengthening relationships and growing the company's network. His career includes roles at AMP developing partnerships with Commonwealth Bank planners, and positions at Zurich, La Trobe Financial, and as a Financial Planner at CBA. With understanding of advisers' needs, Shaun brings a collaborative approach to PPM. He values building connections with financial advisers and is committed to supporting them in delivering quality investment solutions.