A Surfers Paradise-based diversified investment firm welcomed a new director to its board.
Charter Pacific has appointed Steven Cole to its board, following the retirement of Peter Bradfield.
Cole is the company secretary of Charter Pacific, contributing more than 25 years' experience as an executive of listed and unlisted companies. Cole has extensive experience in mergers and acquisitions, company restructures and management buy outs, as well as establishing new public companies and undertaking IPOs.
In an ASX announcement, Charter Pacific thanked Bradfield for his service to the company.
"The company would like to thank Peter for his contribution over the past 10 years. Peter has provided strong commitment and sound counsel to the board and company since his appointment in August 2007. The company wishes Peter a long and healthy retirement," the statement read.
Charter Pacific seeks opportunities in start-ups and restructures in a broad cross section of business sectors and is currently largely invested in iron ore mining and exploration in Mauritania, West Africa.