Team

Masterminded by a highly experienced team of stockbrokers, investment managers, lawyers, chartered accountants and PhD-qualified mathematicians, Mafematica has advanced algorithms and business model techniques that equip advisors and SMSFs with the tools for a narrative to give them financial life skills essential to securing their future.

Mafematica’s unique business model bridges the SMSF retail superannuation sector and the funds management industry.

Mafematica will provide exceptionally lower costs, unprecedented control, analysis, flexibility and choice over retirement income and give proximity to direct investments.

Mafematica’s SMSF clients will not require costly and opaque trusts to hold securities. Mafematica is universal: it is not single institution or dealer group specific.

Mafematica’s shareholders include a global consultancy firm, and globally located investors: it is set to become a leader in the Australian SMSF market with potential to attract attention from countries such as the UK, South Africa, SE Asia and India.


Steve Mark, Chairman
SAB (QLD), LLD Honours Causa (Maq). Ex Legal Services Commissioner, deregulated the NSW legal profession towards corporatisation, contributed to ‘Professionalisation of financial services ’ report by the Professional Standards Councils, 2014.


Derek Condell, Founder and MD, B.Ec, F FIN, FAICD.

  • Bloomberg Ausbond Index
  • Pioneered index funds in Australia
  • Commenced the UBS Asset Management (Australia) business
  • Portfolio insured products in equities – 1987 crash
  • Led, designed and underwrote (as Dominguez Barry Partners) Australia’s largest statutory authority bond deal, Telstra, $325 million
  • First bond dealer in Australia to employ an actuary (1979)
  • Initiated with ASIC today’s Managed Discretionary Accounts (MDAs) (1999)
  • “Remarkable ability to join the dots together” – former boss, Accurium.

John Mazengarb, Non Executive Director, BCom, Chartered Accountant, FGIA, MAICD.
Management Consultant. Trustee Director (and Chair of Risk & Audit Committees) of $7billion superannuation fund TasPlan Ltd. Director, Governance Institute of Australia.


Frank Ashe, Frank Ashe, Non Executive Director, BA Hons, PhD operations research.
Non Executive Director, BA Hons, PhD operations research. Big Data. Hon Associate Professor, Macquarie University. Expertise in risk management, investment management. Various investment and risk committees. Supervises Mafematica’s financial modelling.


David Price, Business Development.
35 years experience in superannuation and funds management, direct equity portfolio advisory; corporate capital raising both debt and equity.


John Bellingham, Head of Data and Stock Markets.
BA (majoring in Actuarial Studies). John has been an IT Director at 2 stock-broking firms and more recently, was at Fairfax managing the stock market data publication on 5 web sites and 27 daily newspapers.