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St Laurance appoints new director

Wednesday, January 31st 2007, 6:36AM
St Laurence Property & Finance has appointed Geoff McWilliam as a director to its board. His appointment follows the resignation of director Quentin Hay.

Sydney-based McWilliam is an independent director on the main board of SLPF’s manager, St Laurence Limited. He joined in September 2006 after the company undertook several major acquisitions to create a substantial diversified funds management and finance group.

McWilliam has more than 35 years experience in the Australasian property industry. For the last 10 years he was chief executive of the Commonwealth Bank of Australia's property activities, growing the business to more than $16 billion of assets.

McWilliam also spent 23 years at Lend Lease Corporation, another major Australian stock exchange listed property investment player.

He is currently on the boards of Challenger Listed Investments Limited and Lend Lease Real Estate Investments Limited, and was previously a director of NZX-listed Kiwi Income Property Limited and Commonwealth Managed Investments Limited.

Mr McWilliam joins executive chairman Kevin Podmore and fellow St Laurence shareholder and director Phil Newland on the St Laurence Property & Finance board.

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