Ex Macquarie man is new Sydney Airport CFO

Stephen Mentzines, the former head of North American funds for Macquarie Infrastructure & Real Assets, takes up the role of chief financial officer at Sydney Airport next month. The airport is owned by MAp, which had a management agreement with Macquarie until 2009.

Sydney Airport has announced that Stephen Mentzines will become its new chief financial officer (CFO) from 2 October. Mentzines takes over from Tim Finlayson who, having held the role for the last two years, is leaving to join law firm King & Wood Mallesons as chief operating officer (COO).

Mentzines has over 30 years of financial and infrastructure experience, including four years as head of North American funds for Macquarie Infrastructure & Real Assets – the world’s largest infrastructure fund manager – until 2011. Since last year, he has been working as an independent consultant and director specialising in infrastructure and real assets.

Prior to his North American funds role, Mentzines had been Macquarie Group global COO as well as a CFO of several funds. Before joining Macquarie, he had held senior positions with Westpac Banking Corporation and KPMG.

In October last year, Australian airports operator MAp took its ownership stake in Sydney Airport to 85 percent as part of an asset swap agreement with Canada’s Ontario Teachers Pension Plan (OTPP) which saw OTPP acquire MAp’s interests in Brussels and Copenhagen Airports.

MAp, previously known as Macquarie Airports, ended a management agreement with Macquarie Group in 2009 through a management internalisation deal.