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New director appointment at Tower

Tower has announced the appointment of Michael Allen as a director to the boards of Tower Ltd and Tower Capital Ltd.

Thursday, June 30th 2011, 11:57AM

Allen is currently a professional director with roles in New Zealand, Australia and the UK and previously led Westpac Institutional Bank in New Zealand and was a participant on Westpac senior strategy groups in New Zealand and Australia.

Tower chairman Tony Gibbs said Allen's wealth management and investment experience would be a major asset to Tower.

The appointment was made at the request of Tower shareholder Guinness Peat Group.

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