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Showing 2451 - 2460 of 7872 results for "Board"

ME Bank chief resigns

ELIZABETH MCARTHUR  |  TUESDAY, 14 JUL 2020
... said he felt it was time to hand over the position to someone else. An appointment has not yet been announced, with the board commencing a search for the new chief executive. "In deciding to call time, I know the bank is in a strong position financially ...

Chief economist update: Not easy easing restrictions

BENJAMIN ONG  |  TUESDAY, 14 JUL 2020
... previous month as businesses reopened and workers went back to work. Consumer confidence has also improved. The Conference Board and the University of Michigan's consumer sentiment index have risen sequentially in May and June from the seven-year ...

Bennelong swoops on LIC trading at discount

KANIKA SOOD  |  MONDAY, 13 JUL 2020
... AEG was trading at a 5.2% discount to its NTA. Since its inception in 2015, the NTA has grown by 7.08% p.a. The LIC's board is currently weighing the offer. It includes Marc Fisher, a senior managing director and board member at risk management fintech ...

Regtech adds to advisory board

ALLY SELBY  |  MONDAY, 13 JUL 2020
Australian regtech company Asendium has made two new advisory board appointments, which it says will help prepare the company for expansion into the US, UK, Canadian and European markets. Former AMP director of technology Giovanni De Angelis and corporate ...

Chief economist update: We're all Victorians now

BENJAMIN ONG  |  FRIDAY, 10 JUL 2020
... country." Reserve Bank of Australia governor Philip Lowe issued this statement at the conclusion of the central bank's Board meeting on 7 July. Economic stats and surveys bore witness to Gov Lowe's words. The charts highlight the country's ...

Powerwrap to merge with Praemium

KANIKA SOOD  |  THURSDAY, 9 JUL 2020
... The two parties have entered a bid implementation agreement dated July 9. The bid has been unanimously supported by the board of directors at Powerwrap. Praemium will split the $55.6 million purchase price as 7.5 cents per share in cash and one Praemium ...

Equity Trustees nabs new director

ALLY SELBY  |  WEDNESDAY, 8 JUL 2020
... Rest, Zielinski was the head of investment at Victorian Funds Management Corporation. Before joining VFMC, he sat on the board and chaired the investment committee of SECV Super (now EquipSuper). During this time, he helped to create five electricity ...

RBA prepares to scale up bond buying

ELIZA BAVIN  |  WEDNESDAY, 8 JUL 2020
... said it is standing ready to scale-up its bond buying purchases again to ensure bond markets remain functional. The RBA board decided to maintain the current policy settings, including the targets for the cash rate and the yield on three-year Australian ...

WAM makes replacement bid for Keybridge

ELIZA BAVIN  |  TUESDAY, 7 JUL 2020
... continued erosion of shareholder value, excessive operating expenses, significant corporate governance issues, the company's board composition and lack of liquidity. "For these reasons, the WAM Active directors believe the offer represents an attractive ...

Indigenous foundation teams up with super funds

ELIZA BAVIN  |  TUESDAY, 7 JUL 2020
... over the short and long term. FNF chief executive Phil Usher told Financial Standard he would like to see more funds get on board to help those in more remote communities. "It's a really good sign from the companies who are supporting the platform that ...