Senior executives
A team with extensive experience in business and finance.
CLIVE ISENBERG, Managing Director
Clive is an associate of the Institute of Chartered Accountants in Australia, a fellow of CPA Australia and a graduate of accounting. He has many years of experience in the accounting profession and was a partner of a major international accounting firm. In 1988 Clive Isenberg founded Scottish Pacific Business Finance. Under his direction, Scottish Pacific went on to become Australia and New Zealand's largest and most successful cash flow financier with a reputation of being the region's only truly specialist SME financier. He also spent many years as a Director of Bank of Scotland's investments in Australia.
In 1994 Clive founded the Institute of Factors and Discounters of Australia and New Zealand and was its inaugural Chairman. Two years later he was elected Chairman of the world Factoring and Invoice Discounting body, Factors Chain International.
In 2000 Clive sold the Scottish Pacific Business Finance group to Australia's fifth largest bank, St. George Bank. He became General Manager of St. George Banks' newly created Business Customers division, which he successfully ran for four years until his retirement from the Bank in September 2004. Clive is also a director of the listed National Hire/Caterpillar company and Chairman of Oxford Asia Pacific Investments, a private equity investment group.
PETER GAMMELL, Chairman
Peter Gammell is an extremely successful businessman and entrepreneur, a Scottish Chartered Accountant and a director of numerous companies in Australia, USA, UK and China. Peter joined Kerry Stokes' organisation in 1981 and is currently the Group Managing Director of Mr. Stokes' private company, Australian Capital Equity Pty. Ltd. ["ACE"]. ACE has a wide range of interests including the Western Australian, New South Wales and North-Eastern China Caterpillar dealerships – WesTrac Pty. Ltd., and a major interest in the Seven Network Ltd.
Between 1984 and 1989 Peter was a director of Castle Cairn (Financial Services) Ltd. an investment management company based in Edinburgh, Scotland and a member of IMRO. During this time he was also a director of Cairn Energy Management Limited and Cairn Energy PLC.
Peter is currently a director of Seven Network Limited and National Hire Limited. He is also a former director of a subsidiary of the Bank of Scotland, Scottish Pacific Business Finance Holdings Ltd. Former public company directorships include B Digital Ltd. and R M Williams Holdings Ltd.
WILFRED BAGG, General Manager
Wilfred provides Octet with a mixture of strong commercial and professional accounting experience. He is an experienced and motivated executive with Chartered Accountant qualifications and extensive entrepreneurial, general management and financial experience gained in a variety of industries in South Africa, the USA and Australia. Wilfred is also the CEO of Oxford Asia Pacific Investments, a private equity investment group.
His experience includes working in specialised forensic accounting and business advisory organisations and senior management positions in manufacturing and distribution businesses.
He was Managing Director for a Melbourne based manufacturer and distributor of branded bedding products, a previous Oxford investment, and also served as Managing Director for a manufacturer of floor care appliances, responsible for operations in Australia, New Zealand and the Pacific Rim.
During a 15-year career in the United States, Wilfred was first a Management Consultant in the Los Angeles office of Price Waterhouse and then CFO for a manufacturer of building products.