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Showing 701 - 710 of 2472 results for "Directors"

AMP Life sale nears completion, new execs appointed

KANIKA SOOD  |  TUESDAY, 23 JUN 2020
... insurer Resolution Life New Zealand (RLNZ) as the trustee. RLNZ's board will include majority of NZ resident independent directors. AMP Life will also form a sub-committee (including RLNZ independent directors) to its main board, with the purpose of ...

APRA hands reins to ASIC in AUSTRAC case

ALLY SELBY  |  THURSDAY, 18 JUN 2020
... commenced an investigation into possible breaches of the Banking Act and BEAR by Westpac in December last year, warning directors and senior executives could face fines and disqualifications as a result of the fund transfer breaches. The delegated functions ...

Sargon liquidators in talks with litigation funder

KANIKA SOOD  |  MONDAY, 15 JUN 2020
... to contact them by June 5 if they want to fund a deeper dig into the company, including public investigations of its directors. Their call came as the liquidators had identified a potential insolvent trading claim. Wexted did not receive any expressions ...

FASEA extension hits snag

ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
... at a "perverse" clause in the Corporations Act that allows companies to not lodge financial reports, statements and directors declarations to ASIC. "This is highly inappropriate for a number of reasons. It leaves in place an elite group of companies ...

WAM responds to Keybridge claims

ALLY SELBY  |  FRIDAY, 5 JUN 2020
... due course, however it noted that it had longstanding concerns about the conduct and corporate governance of Keybridge directors. It also noted that it was concerned about the use of Keybridge Capital funds on the proceedings. "As a shareholder of KBC ...

38 staff punished over AUSTRAC scandal: Westpac

ELIZA BAVIN  |  THURSDAY, 4 JUN 2020
... earlier. "The report noted that, with the benefit of hindsight, and noting the boards escalating focus in the area, directors could have recognised earlier the systematic nature of some of the financial crime issues Westpac was facing," it said. "The ...

MLC Wealth appoints chair

ELIZA BAVIN  |  TUESDAY, 2 JUN 2020
... the board following Coombe's appointment. NAB said Coombe will be involved in the appointment of other independent directors over the coming months.

Mercy Super adds to board

ALLY SELBY  |  TUESDAY, 2 JUN 2020
... experience in funds management to the board. Sandy Grant has nabbed the role and will join the board's six existing directors. "We're pleased to announce the appointment of Sandy Grant as an independent director to the board of Mercy Super's trustee," ...

Former MLC super boss joins First Sentier

HARRISON WORLEY  |  MONDAY, 1 JUN 2020
First Sentier Investors has moved to boost its board, with the appointment of two new independent directors, including a former MLC chief executive of corporate superannuation. Michelle Tredenick and Richard Wastcoat have been appointed to the board ...

Sargon liquidators want to dig deeper

KANIKA SOOD  |  FRIDAY, 29 MAY 2020
... while insolvent since early October 2019. This may form part of an insolvent trading claim of $3.5 million against the directors, it said. This claim has not been pursued in the courts and is contingent on further funding. The liquidator says it examined ...