In 2009, Raymond Spencer returned to Australia following 35 years of living and working in the USA, India and Europe.
Raymond was appointed Chairman of the Economic Development Board on 1 January 2011. Raymond is Chairman of the South Australian Health and Medical Research Institute (SAHMRI). Raymond is also Chairman or a board member of a number of private and public companies in Australia and the USA. Raymond brings more than thirty-five years of leadership in international business management, organizational culture and mergers and acquisitions.
Raymond was born in Adelaide and attended law school at the University of Adelaide. He was inducted to the Chicago Area Entrepreneur Hall of Fame in 2003 and was named Ernst & Young Entrepreneur of The Year 2005 for the Illinois Region. Raymond was named a Laureate in the Computerworld Honors Program, which distinguishes innovators around the world whose visionary use of information technology produces and promotes positive social change and in 2013 was awarded an Honorary Degree of Doctor of Humane Letters by the University of Arizona.