DAVID L. ELSUM

Corporate Board Profile

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ABRDN ASIA-PACIFIC INCOME FUND, INC.

Filing Date Source Excerpt
2003-02-20 David L. Elsum, A.M. 9 May Grove South Yarra, Victoria 3141 Australia Age: 65 Class III Director Current term expires 2003; Director since 1986 Mr. Elsum has over 20 years of experience in investment and insurance markets. He was a member of the Corporations and Securities Panel of the Australian Securities Commission until 2000, a member of the Australian Federal Government Administrative Appeals Tribunal until 2001, Chairman of Audit Victoria (government statutory authority) from 1997 to 2000, and has been a member of the State of Victoria Regulator-General Appeal Panel since 2001. Mr. Elsum is Chairman of Stodart Investment Pty. Ltd. He was founding Managing Director of Capel Court Investment Bank, and has served as Chief Executive of several major public companies, including The MLC Limited (insurance) and President of the State of Victoria Superannuation Fund (pension fund management).
2004-03-24 Mr. Elsum has over 20 years of experience in investment and insurance markets. He was a member of the Corporations and Securities Panel of the Australian Securities Commission until 2000, a member of the Australian Federal Government Administrative Appeals Tribunal until 2001, Chairman of Audit Victoria (government statutory authority) from 1997 to 2000, and has been a member of the State of Victoria Regulator–General Appeal Panel since 2001. Mr. Elsum is Chairman of Stodart Investment Pty. Ltd. He was founding Managing Director of Capel Court Investment Bank, and has served as Chief Executive of several major public companies, including The MLC Limited (insurance) and President of the State of Victoria Superannuation Fund (pension fund management). Mr. Elsum is Chairman of Stodart Investment Pty. Ltd. He was founding Managing Director of Capel Court Investment Bank, and has served as Chief Executive of several major public companies, including The MLC Limited (insurance) and President of the State of Victoria Superannuation Fund (pension fund management). Messrs. Elsum, Miles and Potter are members of the Contract Review Committee.
2005-03-18 Mr. Elsum has been a member of the State of Victoria Regulator–General Appeal Panel since 2001 and is Chairman, director or adviser to several government and privately owned organizations in Australia. He is a member of the Contract Review Committee. He received $59,380 in total compensation for the fiscal year ended October 31, 2004.
2006-01-30 David L. Elsum, A.M.†‡ ... Age: 68 ... Class III Director/ Nominee ... Mr. Elsum is currently retired. He serves as a non-executive director or adviser to several government and privately owned organizations in Australia. ... Messrs. Elsum, Miles and Potter are members of the Contract Review Committee. ... Messrs. Elsum and Sacks are members of the Audit and Valuation Committee. ... Compensation Table Fiscal Year Ended October 31, 2005 ... David L. Elsum ... Total Compensation From Fund and Fund Complex Paid to Directors* ... $69,000
2007-02-14 David L. Elsum, A.M.†‡ c/o Aberdeen Asset Management Asia Limited 21 Church Street #01-01 Capital Square Two Singapore 049480 Date of Birth: October 26, 1937 Class III Director Term expires 2009; Director since 1986 Mr. Elsum is Chairman of the Queen Victoria Market and Melbourne Wholesale Fish Market. He is a member of the Audit and Valuation Committee and the Contract Review Committee. Total Compensation From Fund and Fund Complex Paid to Directors: $83,000.

ABRDN AUSTRALIA EQUITY FUND, INC.

Filing Date Source Excerpt
2003-03-10 David L. Elsum, A.M.† ... Age: 65 ... Class III Director ... Independent Director ... Messrs. Elsum, Miles and Potter are members of the Contract Review Committee ... Aggregate Compensation From Fund: $15,500.
2004-03-19 Mr. Elsum has over 20 years of experience in investment and insurance markets. The members of the Fund's Contract Review Committee are Messrs. David L. Elsum, Neville J. Miles and William J. Potter. Compensation Table Fiscal Year Ended October 31, 2003: David Lindsay Elsum total compensation $53,500.
2005-03-18 David L. Elsum, A.M. ... Age: 67 ... Class II Director/Nominee ... Mr. Elsum has been a member of the State of Victoria Regulator-General Appeal Panel since 2001 ... Compensation Table ... David L. Elsum ... Total Compensation From Fund and Fund Complex Paid to Directors* ... $59,380 ... Mr. Elsum is a member of the Contract Review Committee and the Nominating and Corporate Governance Committee.
2006-01-30 Mr. Elsum is currently retired. He serves as a non-executive director or adviser to several government and privately owned organizations in Australia. Messrs. Elsum, Miles and Potter are members of the Contract Review Committee. Messrs. Elsum, Miles and Potter are members of the Nominating and Corporate Governance Committee. Messrs. Elsum, Sacks and Sheehy are members of the Audit and Valuation Committee. During the fiscal year ended October 31, 2005, each Independent Director of the Fund received an aggregate fee of $18,500 per year, inclusive of attendance at in-person and telephonic Board meetings; members of the Board’s Audit and Valuation Committee, Contract Review Committee, Nominating and Corporate Governance Committee and ad hoc committees received a fee of $500 per committee meeting attended, and the Chairman of each of these Committees received an additional fee of $500 per committee meeting attended. The fees for attendance at committee meetings may have been less than $500 per meeting, in certain instances where committee meetings were held jointly with committee meetings of other funds in the same fund complex. The following table sets forth information regarding compensation of Directors by the Fund and by the fund complex of which the Fund is a part for the fiscal year ended October 31, 2005. Total Compensation From Fund and Fund Complex Paid to Directors: $69,000.
2007-02-14 David L. Elsum, A.M. ... Class II Director ... Date of Birth: October 26, 1937 ... Mr. Elsum is Chairman of Queen Victoria Market ... Compensation Table ... David L. Elsum ... $83,000 ... (3)
2008-02-19 David L. Elsum† Class II Director Term expires 2008; Director since 2001 Members of the Fund’s Audit and Valuation Committee are Messrs. David L. Elsum, Peter D. Sacks and John T. Sheehy. The Contract Review Committee members are Messrs. David L. Elsum, Neville J. Miles and William J. Potter. The Nominating and Corporate Governance Committee members are Messrs. David L. Elsum, Neville J. Miles and William J. Potter. Total Compensation From Fund and Fund Complex Paid to Directors: $84,000.

ABRDN GLOBAL INCOME FUND, INC.

Filing Date Source Excerpt
2004-03-24 Mr. Elsum has over 20 years of experience in investment and insurance markets. He was a member of the Corporations and Securities Panel of the Australian Securities Commission until 2000, a member of the Australian Federal Government Administrative Appeals Tribunal until 2001, Chairman of Audit Victoria (government statutory authority) from 1997 to 2000, and has been a member of the State of Victoria Regulator–General Appeal Panel since 2001. Mr. Elsum is Chairman of Stodart Investment Pty. Ltd. He was founding Managing Director of Capel Court Investment Bank, and has served as Chief Executive of several major public companies, including The MLC Limited (insurance) and President of the State of Victoria Superannuation Fund (pension fund management).
2005-03-18 David L. Elsum, A.M.†° c/o Aberdeen Asset Management Asia Limited 21 Church Street#01-01 Capital Square Two Singapore 049480 Age: 67 Class I Director/ Nominee Current term expires 2005; Director since 1992 Mr. Elsum has been a member of the State of Victoria Regulator-General Appeal Panel since 2001 and is Chairman, director or adviser to several government and privately owned organizations in Australia. 3 Aberdeen Australia Equity Fund, Inc.; Aberdeen Asia-Pacific Income Fund, Inc. Messrs. Elsum, Potter and Sacks are members of the Contract Review Committee. Messrs. Elsum, Miles and Potter are members of the Nominating and Corporate Governance Committee. The following table sets forth information regarding compensation of Directors by the Fund and by the fund complex of which the Fund is a part for the fiscal year ended October 31, 2004. Each Independent Director of the Fund receives an aggregate fee, effective January 1, 2004, of $18,500 per year, inclusive of attendance at in-person and telephonic Board meetings. Members of the Fund’s Audit and Valuation Committee, Contract Review Committee, Nominating and Corporate Governance Committee and ad hoc committees receive a fee of $500 per committee meeting attended, and the Chairman of each of these Committees receives an additional fee of $500 per committee meeting attended. The fees for attendance at committee meetings may be less than $500 per meeting, in certain instances where committee meetings are held jointly with committee meetings of other funds in the same fund complex. David L. Elsum Aggregate Compensation From Fund $18,140 Total Compensation From Fund and Fund Complex Paid to Directors $59,380
2006-01-27 David L. Elsum, A.M.†‡ c/o Aberdeen Asset Management Asia Limited 21 Church Street #01–01 Capital Square Two Singapore 049480 Age: 68 Class I Director Term expires 2008; Director since 1992 Mr. Elsum is currently retired. He serves as a non-executive director or adviser to several government and privately owned organizations in Australia. 3 Aberdeen Australia Equity Fund, Inc.; Aberdeen Asia-Pacific Income Fund, Inc. Messrs. Elsum, Potter and Miles are members of the Contract Review Committee. Messrs. Elsum, Sacks and Smith are members of the Audit and Valuation Committee. Messrs. Malone, Miles and Scott are members of the Nominating and Corporate Governance Committee. During the fiscal year ended October 31, 2005: each Independent Director of the Fund received an aggregate fee of $18,500 per year, inclusive of attendance at in-person and telephonic Board meetings; members of the Board’s Audit and Valuation Committee, Contract Review Committee, Nominating and Corporate Governance Committee and ad hoc committees received a fee of $500 per committee meeting attended, and the Chairman of each of these Committees received an additional fee of $500 per committee meeting attended. The fees for attendance at committee meetings may have been less than $500 per meeting, in certain instances where committee meetings were held jointly with committee meetings of other funds in the same fund complex. The following table sets forth information regarding compensation of Directors by the Fund and by the fund complex of which the Fund is a part for the fiscal year ended October 31, 2005. Officers of the Fund and Directors who are interested persons of the Fund do not receive any compensation directly from the Fund or any other fund in the fund complex for performing their duties as officers or Directors, respectively. During the fiscal year ended October 31, 2005: each Independent Director of the Fund received an aggregate fee of $18,500 per year, inclusive of attendance at in-person and telephonic Board meetings; members of the Board’s Audit and Valuation Committee, Contract Review Committee, Nominating and Corporate Governance Committee and ad hoc committees received a fee of $500 per committee meeting attended, and the Chairman of each of these Committees received an additional fee of $500 per committee meeting attended. The fees for attendance at committee meetings may have been less than $500 per meeting, in certain instances where committee meetings were held jointly with committee meetings of other funds in the same fund complex. In December 2005, the Board of Directors, upon the recommendation of the Board’s Nominating and Corporate Governance Committee, approved the following fee structure, effective January 1, 2006: Each Independent Director will receive a retainer fee of $19,000 per year and a fee of $1,500 per meeting for attendance at Board meetings. In addition, the Chairman of the Board will receive a fee of $10,000 per year, the Chairman of the Contract Review Committee will receive a fee of $5,000 per year, and the Chairman of the Audit and Valuation Committee will receive a fee of $5,000 per year.
2007-02-14 David L. Elsum, A.M. c/o Aberdeen Asset Management Asia Limited 21 Church Street #01-01 Capital Square Two Singapore 049480 Date of Birth: October 26, 1937 Class I Director Term expires 2008; Director since 1992 Mr. Elsum is Chairman of the Queen Victoria Market and Melbourne Wholesale Fish Market, both wholly-owned by the City of Melbourne. For a period in excess of five years, he has served as a non-executive director of Aberdeen Leaders Limited, a listed Australian investment company. He is also a member of the Essential Services Commission Appeals Panel in Victoria, Australia, and has served as an adviser to the City of Port Philip and the State of Victoria since 2004. Messrs. Elsum, Potter and Miles are members of the Contract Review Committee. Messrs. Elsum, Sacks and Smith are members of the Audit and Valuation Committee. Compensation Table Fiscal Year Ended October 31, 2006 David L. Elsum $ 0 $ 24,917 N/A N/A $ 0 $ 83,000 (3)
2008-02-19 Each Independent Director of the Fund receives a retainer fee of $19,000 per year and a fee of $1,500 per meeting for attendance at Board meetings. ... The members of the Fund's Audit and Valuation Committee are Messrs. David L. Elsum, Peter D. Sacks, John T. Sheehy and Warren C. Smith. ... The members of the Fund's Contract Review Committee are Messrs. David L. Elsum, Neville J. Miles and William J. Potter. ... Total Compensation From Fund and Fund Complex Paid to Directors: $84,000.

Data sourced from SEC filings. Last updated: 2025-12-06