WHS
12/02/2015 17:01
GENERAL
NOT PRICE SENSITIVE
REL: 1701 HRS The Warehouse Group Limited
GENERAL: WHS: Independent Directors appointed to Financial Services Board
12 February 2015
Independent Directors appointed to Financial Services Board
The Warehouse Group (TWG) is pleased to announce that two independent
directors have been appointed to the Board of its Financial Services business
effective from 11 February 2015.
The two independent directors have significant experience in financial
services and other relevant specialist skills gained locally and overseas.
Graeme Hansen has been appointed Chairman of the Financial Services business.
Graeme's experience includes chief executive and board roles in the Barclays
Banking Group in New Zealand, Australia, Canada and Barclays Global Private
Banking. Since returning to New Zealand, he has been chief executive of
Public Trust and the New Zealand Racing Board and was an independent director
of PGG Wrightson Finance Ltd. Graeme also chairs the Boards of other private
entrepreneurial companies.
The other independent director is Mike Laing who is currently Chair of the
Australian Retail Credit Association. Mike is based in Melbourne and leads
an advisory practice focused on cards and payments, corporate and business
unit strategy and IT outsourcing. Mike's previous roles include being a
member of the senior executive team of the National Australia Bank, and an
executive director of the BNZ.
In addition to the appointment of two independent directors, current TWG
directors Keith Smith and James Ogden have been appointed to the board of the
Financial Services business. Group CEO Mark Powell and Group CFO Mark Yeoman
have been appointed executive directors also.
TWG Chairman Ted van Arkel said that these appointments, along with Mark
Yeoman who also has financial services experience commencing his role as
Group CFO, will ensure that the Financial Services business has the
appropriate governance oversight and access to a broad range of skills and
experience necessary to be successful.
ENDS
Ted van Arkel
Chairman
End CA:00260591 For:WHS Type:GENERAL Time:2015-02-12 17:01:53
