Access Capital Advisers appoints new Chairman

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Access Capital Advisers appoints new Chairman

Janet Torney-80Access Capital Advisers announced on Sept. 28th that Janet Torney would become Chairman of its Board of Directors from the end of this month.

Access announced in November last year that it had introduced best-practice corporate governance, including an independent Board of Directors. Access set a twelve month timetable to phase in the new framework and is pleased to announce today this has been undertaken within the original timetable.

As part of his transition to retirement from the business, Access co-founder David Chessell continued as Non-Executive Chairman. Handing over the mantle of Chairman of the Board represents the natural completion of this transition.

David Chessell was the co-founder of Access Economics in 1988 with Geoff Carmody which was Australia's pre-eminent economic advisory firm. Under David's leadership, Access Economics commenced advising superannuation funds and became one of Australia's most successful asset consultants and infrastructure investors. This business became Access Capital Advisers.

David's role at Access Capital Advisers has been greatly appreciated by the staff and clients. David has been a visionary for the firm and has been a driving force behind the firm.

Ms Torney said:

"I am very much looking forward to taking on the role of Chairman. Since joining the board we have developed a new business strategy and the period ahead is critical to implementing this new strategy."

"Access aims to be the trusted partner of choice in delivering sustainable investment returns to its clients. Our very strong investment track record and skilled and experienced staff mean we have an excellent platform to continue the firm's growth."

"David is held in the highest regard by everyone at Access, by our clients and across the industry more broadly. Having co-founded the firm's predecessor Access Economics more than 25 years' ago, the completion of David's transition to retirement leaves an incredible legacy."

Independent Non-Executive Directors Mark Snape and Damian Stanley will remain on the Board.

Source: Access Capital Advisers

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