Stephen Killelea

Stephen Killelea

Stephen Killelea

Stephen Killelea is an IT entrepreneur and founder of the Institute for Economics and Peace, a global think tank. In August 1988, Killelea formed the Australian company IR, which was listed on the Australian Stock Exchange in 2000. The company’s main business is providing its PROGNOSIS performance monitoring software for business critical computing and IP telephony environments used by corporations such as Visa, Master Card and American Express; the New York, London and Hong Kong stock exchanges; and most of the world’s ATM.

Killela retired from IR as Chairman in November 2018 to focus more time on his

philanthropic interests. Killelea also has an IT venue capital fund named Smarter

Capital, which is one of the investors behind Australian software firm Emagine


Killelea set up The Charitable Foundation (TCF) in 2000, one of

Australia’s biggest private overseas aid providers, spending over five million A$ in 2008.

Killelea is the creative force behind the Global Peace Index study, launched in May 2007, that ranks the world’s nations’ and regions’ peacefulness. The Index has been endorsed by the Dala Lama , Desmond Tutu and Jimmy Carter. Killelea is the founder of the Institute for Economics and Peace (IEP) which is “analyzing the impact of peace on sustainability, defining the ‘Peace Industry’, estimating the value of peace to the world economy, and uncovering the social structures and social attitudes that are at the core of peaceful societies”.

In 2013, Killelea’s founding of IEP was recognized as one of the 50 most impactful philanthropic gifts in Australia’s history by a coalition including the Myer Family Company, The Myer Foundation and Sidney Myer Fund, Pro Bono Australia, Swinburne University and Philanthropy Australia. He is also notable as being one of Australia’s largest individual donor to overseas aid. He sits on the advisory board of the Washington DC based Alliance for Peacebuilding, is a member of the Presidents Circle of the Club of Madrid, and is the Treasurer of Religions for Peace

In 2008, Killelea was the producer and chief financier for the documentary Soldiers of Peace, which was shown at the 2009 Cannes Film Festival, where it received The Club of Budapest World Ethic Film Award. The documentary also won Best Feature Film at the Monaco International Film Film Festival.

In June 2010, Killelea was appointed a Member of the Order of Australian for his service to the community through the global peace movement and the provision of humanitarian aid to the developing world.