Investment Banking News

First Sentier appoints independent non-executive directors

Posted by Anton Murray Consulting on . Posted in Investment Banking News


First Sentier Investors has appointed two financial services veterans to its board as independent non-executive directors. Following its sale last year to Mitsubishi UFJ Trust and Banking Corporation – a wholly owned subsidiary of Mitsubishi UFJ Financial Group – First Sentier Investors announced its intention to operate as a standalone investment manager governed by a board of directors. Michelle Tredenick and Richard Wastcoat have now been appointed as independent non-executive directors, effective immediately.

“I am pleased to welcome Michelle and Richard to the board as non-executive directors of First Sentier Investors Holdings,” said chairman Sunao Yokokawa. “As a standalone business, they will play an important role in ensuring we align with best practice corporate governance.” Ms Tredenick has held senior roles at NAB, MLC, and Suncorp, and currently holds board roles at Insurance Australia Group, Bank of Queensland, and Cricket Australia. She has twice been awarded Banking and Finance CIO of the year and is a fellow of the Institute of Company Directors.

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