Governance and independence

Governance structure

Credible public platforms require clear governance: independent selection, conflict-of-interest management, and defined roles for operators, advisors, and partners.

Why governance matters here

Proto Axiom operates the platform and also manages its own investment portfolio — governance must separate these roles clearly.

SME selection for the incubator must be open, competitive, and free from conflicts of interest.

Universities, clinicians, and investors need assurance that the platform operates with institutional-grade probity.

Government co-investment requires governance that meets public accountability standards.

Governance principles

Four commitments that structure how decisions are made.

Independent selection

Open and competitive processes

SME selection through open competitive processes with external reviewers. Proto Axiom team members with conflicts of interest are excluded from selection decisions for affected ventures

Conflict-of-interest protocol

Disclosed and managed conflicts

Written protocol governing how conflicts are identified, disclosed, and managed. Applies to selection, funding allocation, and partner introductions

Advisory board

Independent governance structure

Independent advisory board with clinical, academic, consumer, industry, and investor representation. Defined terms, meeting cadence, and decision scope

Transparency and reporting

Accountability to stakeholders

Regular reporting to funders, partners, and stakeholders on selection outcomes, milestone achievement, and use of funds

Advisory board

The independent advisory board is being constituted with six members representing clinical, academic, consumer, industry, investor, and regulatory perspectives. Board members will have defined terms, meeting cadence, and decision scope.

Independent Chair

To be announced

Clinical or academic leader in women’s health with national standing. Appointment being finalised.

Consumer Representative

Stephanie Allen

Lived experience advocate with governance capability. Ensuring patient and community voice in selection and design decisions.

Academic Representative

To be announced

Senior researcher from a university partner institution. Bridging research excellence and translation readiness assessment.

Industry / Pharma Representative

Annalisa Jenkins

Non-Executive Director of Proto Axiom. Former EVP and Head of Global R&D at Merck Serono. Deep pharmaceutical industry experience spanning clinical development, regulatory affairs, and commercial launch.

Investor Representative

Kathy Connell, GAICD

Non-Executive Director of Proto Axiom. Experienced institutional governance leader with cross-sector investment oversight and fiduciary expertise.

Regulatory / Health Economics Advisor

To be announced

TGA, PBAC, and health technology assessment expertise. Advising on evidence requirements and reimbursement pathway design.

Board appointments are being finalised. Expressions of interest from qualified individuals are welcome via the register interest form.

Operator team

Proto Axiom designs and runs the platform. The operator role is distinct from the selection and advisory functions to maintain independence and meet the governance expectations of government co-funders, institutional partners, and the research community.

Anthony Liveris

Chief Executive Officer

Proto Axiom

Builder-operator leading platform design, partner alignment, and capital strategy. Led creation of 8 portfolio companies from Australian university science with A$45M raised across 33 investors. Author of ‘Women’s health is Australia’s biggest underpriced asset’ (Capital Brief).

Hugh McGonagle

Chief Operating Officer

Proto Axiom

Responsible for operating model execution, milestone frameworks, and day-to-day platform operations. Oversees the 30-person operations team spanning investment, science, and company building.

Gavin MacLaren

Chair

Proto Axiom

Board governance and strategic oversight. Ensuring alignment between platform operations and institutional-grade standards. Legal and commercial background with deep experience in venture governance.

Platform delivery team

The operator team is supported by a broader group spanning scientific diligence, investment analysis, financial operations, and program delivery — drawn from Proto Axiom's 30-person operations team.

Lindsay Wu, PhD

Chief Science Officer

Leads scientific diligence, evidence strategy, and research translation assessment across the portfolio. Academic background with deep expertise in translational science.

Tony Haddad

Operating Partner

Senior operating capability across venture building, commercial strategy, and portfolio company support. Bridges strategy and execution for platform ventures.

Laura Wimberger, PhD

Investment Associate

Investment analysis, deal diligence, and pipeline management. Scientific training combined with venture assessment capability.

Charlie Selth

Chief of Staff

Coordinates cross-functional execution, stakeholder engagement, and program delivery. Ensures operational alignment across platform workstreams.

John Roach

Head of Finance

Financial operations, fund administration, and reporting. Responsible for milestone-linked capital deployment and financial accountability to co-funders.

Richard Wang, PhD

Science Analyst

Scientific analysis and research assessment supporting diligence and evidence planning across therapeutic focus areas.

Marina Naidion

Business Manager

Business operations and administration supporting platform delivery and stakeholder coordination.

This is a representative selection. The full Proto Axiom team includes additional capability across legal, communications, and portfolio operations.