Monday, 21 February, 2022 - 11:28
Lendlease posts $264m loss
The multinational behind East Perth’s Waterbank development has linked decreased construction and development earnings and a restructure for the loss.
Anthony Lombardo
Chief Executive Officer, Managing Director, Executive Director / Lendlease
Tony Lombardo has more than 25 years of experience in real estate development, investment management, finance, mergers and acquisitions, and strategy in Australia and internationally.
Mr Lombardo joined Lendlease in 2007 as group head of strategy and M&A where he led a number of initiatives including refocusing the group's overall business strategy. In 2011, he was appointed group chief financial officer and played a key role in enhancing the flexibility of the group’s capital structure and significantly broadening its funding and banking relationships. He also implemented a range of people focused initiatives including creation of the Young Indigenous Pathways program, which provides mentoring opportunities for young Indigenous students. In 2016, Mr Lombardo became chief executive for Asia and was based in Singapore. He returned to Australia in June 2021 as global chief executive and managing director of the group.
Prior to joining Lendlease, Mr Lombardo spent almost 10 years at GE with responsibilities across a number of functional disciplines including strategy, M&A and finance for both GE Capital and GE Corporate. He commenced his career at KPMG where he worked for more than four years.
Mr Lombardo holds a degree in Accounting and Finance from RMIT University, and is a member of the Institute of Chartered Accountants in Australia.
