Welcome to Anglican Savings and Development Fund

Helping to support the mission, education and charitable works of the Anglican Community.


The ASDF is governed by the Anglican Savings and Development Fund Ordinance 1979 (as amended).

Board of the Newcastle Anglican Church Corporation

who also serve as the

Board of the Trustees of Church Property for the Diocese of Newcastle
Board of the Anglican Savings and Development Fund

Bishop of Newcastle – Bishop Peter Stuart B.Com, B.D, M.Management, Ed.D, GAICD has been the Acting Bishop of Newcastle since 1 December 2016. He has served on a number of boards and committees in the Diocese and previously in South Australia and Tasmania. He became the Assistant Bishop of Newcastle in February 2009. He was installed as the Bishop of Newcastle on February 2, 2018.

Chair – Mr Wayne Russell B.Com, CA, GAICD, MIIA(Aust) is a Partner with Pitcher Partners in Newcastle and works in Audit, Risk Management and Assurance. He is a member of the Parish of Merewether. He has extensive experience in providing auditing and assurance services to a wide variety of clients in the private and public sectors such as State and Local Government, Financial Services, Manufacturing, Engineering and Construction and Insurance. Wayne is a registered company auditor and graduate and member of the Australian Institute of Company Directors. He is also the Chairman of Greater Bank Limited.

Mrs Jayne Drinkwater B Ec. MBA (With merit), GAICD, CAHRI is an experienced Non-Executive Director having served on numerous boards over the last decade. Jayne is currently a Director of Greater Bank and served as a Trustee of Church Property for the Diocese of Newcastle from 2011 until the formation of the NACC. Jayne has previously served as a Director of the Hunter Economic Development Corporation, Hunter Sporting Venues Authority and Bishop Tyrrell Anglican College. She is a member of the Cathedral Parish. Jayne has extensive experience as a Senior Executive in operations, IT, customer service and marketing. She was previously employed as Interim CEO New Zealand, Chief Marketing Officer and Chief Operating Officer for nib Health Funds.

Mr Peter Francis M.Bus, Grad.Dip.Man., BA, GAICD is the Chief Executive Officer, of Dantia Lake Macquaire’s economic development company tasked with attracting business, investment and employment opportunities. He has extensive experience in ports, logistics, infrastructure management, complex projects and property ownership, management and development. He has held executive roles with Port of Newcastle, GPT and Lend Lease, Blacktown Olympic Park and Centennial Park and Moore Park Trust. He has previously been a non-executive director for Compass Housing.

Mr Mark Hedges M.App.Fin, MBA, B.Bus.Stud, CPA, GAICD has comprehensive experience and successful track record in finance roles in large manufacturing and media organisations. He has deep commercial acumen and expertise in financial markets, particularly Corporate funding. He has proven judgement and understanding of risk as well as consistent high level contribution to strategic thinking. In 2015 he concluded his role as Group Treasurer for Fairfax Media Limited .He is currently the Deputy Chair of Hunter United.

Ms Michelle Jarvie B.Com, CA, MIIA (Aust), AGIA is the Director Assurance Services at the University of Newcastle working in the areas of Risk, Governance, Policy, Internal Audit and Compliance. She has extensive experience in working with Boards to develop and implement effective governance structures and strategic and operational plans in a number of industries, most recently in education and financial services. She is a member of the Parish of Cardiff.

Mr Richard Turnbull Ass Dip Aircraft Engineering Maintenance and Crt IV in Vocation Instruction. Extensive experience is small business and business consultation. He is a Trustee of Church Property for the Diocese of Newcastle. He has served on the Diocesan Council and the Property Approvals. He has extensive experience IT and property development. He is a member of the Parish of Toronto.

Mr Garry Whitaker MAICD JP established and runs a training consultancy. He is the chair of the Wyong Race Club Ltd, is a Director of the Wyong Community Bank Branch of the Bendigo Bank, and served a term as Deputy Mayor and Councillor on Hornsby Shire Council. Among his career highlights are being an internal change consultant with Sydney Water and the Instructional Designer for the National Professional Education Division of Coopers & Lybrand.