Board Roles and Responsibilities
The Board’s general role is one of oversight and monitoring, and particularly to ensure that effective governance processes and appropriate risk management frameworks are in place to ensure compliance with applicable laws and regulators’ policies.
Directors are responsible for oversight of the affairs of the company and are required to comply with their legal obligations as a Director under all relevant legislation.
Directors are expected to be fully up-to-date on all key matters that affect the company and its performance, including its financial position, question managers and staff about how the business is going and take an active role in Board meetings.
Directors are also expected to display a high standard of care, skill and diligence and to act in good faith at all times to promote the success of the company.
The Board meets up to 11 times in a year. Directors are expected to attend, either in person or by teleconference, the majority of meetings held during that time.
Board Member Profiles
Uwe BoettcheR BA, LLB, FAIBF, FSIA, FANZCN
Uwe is a founding and major shareholder in Kord. He became its first Chairman in May 2008 and is currently the Chair of KordTech, KordDefence and KordUSA. Uwe is an experienced mediation, insolvency and dispute resolution specialist with over thirty-five years’ experience in commercial and corporate law in top tier as well as independent firms. He was appointed a Fellow of the Australian Institute of Banking and Finance in 2005, Fellow of the Financial Services Institute of Australasia in 2007, Fellow of the Australian & New Zealand College of Notaries in 2009 and Foundation Fellow of the Australian Association of Angel Investors in 2011. He is a past Chairman of the Dispute Resolution Committee of the ACT Law Society, National Health Sciences Centre Ltd and the Australasian Legal Alliance. He is chairman of the ASX listed Xtek Limited and maintains special interests in early stage commercialisation of technology companies and associated capital raising. He has invested personally in numerous early stage companies and has been an active director and chairman in a number of these.
Peter Moran BSc (Hons), PhD
Peter is a co-founder of the Kord Group and is currently its Managing Director as well as being the Managing Director of KordDefence and interim President of KordUSA. Peter is a highly experienced senior executive with over 20 years’ experience in managing and leading research and technology organisations in both the public and private sectors. He has a PhD in marine science and began his career as a Postdoctoral Fellow at the Australian Institute of Marine Science, where he eventually led a large multidisciplinary and international research program on the crown-of-thorns starfish. He is the author of over 100 scientific and journal publications, and the author/co-author of several patents and registered designs. He has been a member of a number of Australian Government and International Committees. Peter was Acting Director of AIMS in 1993, and a board member of the Great Barrier Reef CRC, the Aquaculture CRC Ltd, and the Queensland Manufacturing Institute. He co-founded WetPC Pty Ltd in 1999 to commercialise underwater computing technology, which led to the establishment of Kord in 2007. Since then he has been successful in securing over $3m in funding to support Kord’s operations. He has also developed extensive experience in strategic and business planning, technology financing and commercialisation, intellectual property protection, marketing and promotions, and media relations.
Dominic Kelly CFP, Dip FP, MBus, BAppSc, BTh, AAII
Dominic is a major shareholder in Kord having joined its Board in May 2012. He is currently a Director of KordTech, KordDefence and KordUSA, and was recently appointed as Managing Director of ShotDot which he has made a significant investment in. Dominic has over 20 years’ experience in the financial services industry as well as extensive private equity skills, particularly in angel investing. He holds a Master-in-Business, a Bachelor of Applied Science (Mathematics), and a Bachelor of Theology. He is also a Certified Financial Planner; an Affiliate of the Australian Institute of Insurance and a Member of the Financial Planning Association. He is a past Chairman of the Catholic Development Fund for the Archdiocese of Canberra and Goulburn, and Director of the Catholic Social Services Australia and Capital Angels. Dominic is currently the Chairman of Capital Angels and a director of Pacific Eastcoast Pty Ltd, which is a provider of property investment opportunities and professional support to more than 700 Accountants and Financial Planners around Australia. He established his own AFSL in 2007 with Empire Financial Planning, prior to selling the business in 2015.
Brigadier (Ret'd) Mark Smethurst AM, BA, MStrDefSt, MMgt, DSC
Mark who joined the Board of Kord in January 2020, is an accomplished senior executive leader, with a highly successful track record commanding large and diverse teams both in Australia and overseas with a focus on national and international security issues. He has over 35 years’ service in the Australian Army, 27 of which were as a Senior Special Forces Officer. His experience has been gained and matured in high level command, leadership, operations, training and resolving specialised complex strategic challenges. He resigned from the Australian Army in early 2017 and was appointed the State Emergency Service (SES) Commissioner for the state of New South Wales, restructuring and transforming it into an efficient and responsive emergency service. In March 2019 he established his own consultancy business to assist organisations with development and networking of capabilities, through the provision of advice on leadership development and change management through boards and senior leadership mentorship. He is a member of the Global SOF Foundation, Chair of the Commando Welfare Trust, and an advisor to the Board of KLAS Telecom.