Our People


Mamun Rashid

Managing Director

Mamun has over 25 years experience in financial services and public practice. Early in his career, he was employed by ANZ and subsequently St George Bank in the areas of money markets, treasury, corporate lending and credit. Later in his career, he practiced in both accounting and law in insolvency and related management consulting areas for a period of 8 years. In the mid-nineties, he established his own practice and grew his firm with offices in Sydney, Melbourne and Canberra. He was one of the founding shareholders in the Aegis Group of Companies, which before its sale to Morningstar (listed on the NASDAQ) was the largest independent equities research house in Australia. Rashid is both a practicing Chartered Accountant and a Barrister and Solicitor. He is also member of the NSW Law Society. CPA and Fellow of FINSIA. Mamun is currently the Managing Director of Independent Investment Research “IIR”.

John Kimber

Executive Director, North America

John Kimber is the Executive Director in North America of Independent Investment Research.

After graduating in Economics from University of Sydney John spent several years at Coopers and Lybrand (now Pwc) as an accountant and then changed career and was employed as a financial journalist and economics correspondent in South Africa and London for the Financial Times and finally with Reuters Economic Services. He then changed his career path again and commenced work as a research analyst and later became a full Member of the Sydney Futures Exchange. John was employed for many years in Sydney with Prudential Bache Securities, BT Alex Brown (Bankers Trust) and then with Ord Minnett (JP Morgan) where he specialized in offshore investments and the local subsidiaries of foreign corporations in Australia. He is married to an American from Denver and located there in October 2012 to further pursue his career with IIR He maintains close links with the Colorado mining industry and with the biotechnology and medical device industry in Colorado.

John takes an active interest in all aspects of Denver business, sporting and cultural life. He is an active member of the Denver Athletic Club, The Colorado Mining Association, the Society for Mining and Exploration, the Denver Petroleum Club and the Colorado Bio Science Association and attends most of their meetings. He is an active participant with graduates from the Colorado School of Mines. John is a regular attendee at the PDAC conference in Toronto and maintains close links with the Australian Stock Exchange, Bank of New York, various brokerages and investment institutions, and the various Exchanges in the United States which provide listing facilities for Australian companies.

Claire Aitchison

Head of Equities & Funds Ratings
Claire Aitchison commenced with the Aegis Group (sold to Morningstar in 2009) as an analyst in 2005 specialising in equities, fixed interest and hybrid research. Over the years Claire undertook research on more than 100 equity style reviews. She also was part of the team that studied listed managed investments and unlisted funds. She has a Bachelor of Commerce with Distinction and a Grad Diploma in Accounting from Deakin University.  She now supervises all the research outputs across for the firm except for Metals & Mining.

Gavin Wendt

Executive Director – Metals & Mining
Gavin has been a senior resources analyst following the mining and energy sectors for the past 25 years, working with Intersuisse, Shaw Stockbroking and  Fat Prophets. He is currently the Executive Director, Mining & Metals with Independent Investment Research (IIR) and supervises all research outputs in this sector.

Caroline Elton

Team Leader - Distribution and Platform Development
Caroline has a bachelor of economics from the ANU. Caroline commenced her career in the Health and Sciences industry as an research analyst. She then progressed into marketing and communication. She has advised various listed companies including Merck and Novartis over 12 years with respect to marketing and communication. Since then she has been with the IIR assisting the company with marketing and communication with respect to equities research publications. She is responsible for the distribution of research outputs to key clients and also assists with the delivery of research within advisory firms in the wealth management sector.