Peter Forbes was a non-executive director of Southern Cross Electrical Engineering and Macarthur Coal, and a director of QIC Private Capital and member of the Queensland Council of the Australian Institute of Company Directors. Previously, he was deputy chief executive and executive general manager of equities at Queensland Investment Corporation from 1989 to 2003. Mr Forbes also held a number of senior management positions across a broad range of industries. Mr Forbes is a fellow of Certified Practicing Accountants, the Chartered Secretaries Australia and the Australian Institute of Company Directors.