Stephen is Founder and Managing Partner of Affirmative Investment Management (AIM), a specialist impact fixed income manager.  MetLife of New York has recently acquired AIM. He is also a member of the NSW Government Expert Advisory Panel for Sustainable Finance and serves as a board member of the Great Barrier Reef Foundation.  He is also a member of the British Museum Investment Committee. 

He was named as an Officer in the Order of Australia (AO) in the 2019 Australia Day Honours for services to the Investment Management Industry and the Environment.

He previously served a five-year term as a member of the Board of Guardians of the Future Fund (Australia’s sovereign wealth fund) and served on the ASIC (Australian Securities and Investment Commission) Advisory Board.  He also served on the board of the National Centre for Indigenous Excellence and on the board of QBE Insurance Group for seven years, chairing the Investment Committee and the People and Remuneration Committee. 

After retiring from Goldman Sachs in 2012, he was asked by Richard Li to join the board of Pinebridge Investments (former AIG Investments) as Deputy Chair to Lord Mervyn Davies.  Following the departure of the CEO, Stephen was appointed Interim CEO with a mandate to re-structure the business and then appoint a new CEO. 

Previously, Stephen was CEO and then Chairman of Goldman Sachs, Australia and New Zealand.  Prior to this Stephen was CEO of Goldman Sachs Asset Management International (GSAMI) and in that capacity responsible for GSAM’s business in Europe, Asia Pacific, the Middle East and Latin America.  Prior to this role he was head of the Investment Management Division in Asia and also spent eight years as GSAM’s Chief Investment Officer for international fixed income.

He joined Goldman Sachs in 1992 and was named a Managing Director in 1998 and a Partner in 2002.