Austbrokers announces new chairman

Austbrokers announces new chairman | Insurance Business

Austbrokers announces new chairman
Austbrokers has announced a new chairman of its board of directors with a new director also joining the company.

After a decade as chairman, Richard Longes is set to retire after the company AGM this year and will be replaced by current non-executive director, David Clarke, it has been announced.

Clarke, who has 35 years of experience within the investment banking, funds management, property and retail banking sectors will step up to the role and is also currently the chairman of Charter Hall Group.

The announcement of the new chairman comes as Longes signalled his intent to retire after the company held its AGM last year.

The company also announced that Paul Lahiff has been appointed as a director, effective October 1.

In a note to the ASX, CEO and managing director of Austbrokers, Mark Searles, thanked Longes for his service to the board and said that they company are pleased with the changes to the board with the arrival of Lahiff singled out for praise.

“Paul's experience is complementary to that of the existing board members,” Searles said.

Lahiff was previously chief executive of Mortgage Choice from 2003 to 2009 and has held roles as executive director of Heritage Bank and permanent trustee, alongside other senior roles, at Westpac.

Currently, Lahiff is a director/trustee of SunSuper, chairman of NPP Australia, Smartline Personal Mortgage Advisers, LIXI Australia and Retail Finance Intelligence.