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CROMWELL PROPERTY GROUP — Board/Management Information 2008
Feb 24, 2008
64673_rns_2008-02-24_f5a2cc2f-163a-4cf9-a77e-6845d53d246b.pdf
Board/Management Information
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ASX Announcement February 25, 2008
CHANGES TO SENIOR MANAGEMENT
Property and funds manager Cromwell Group (ASX: CMW) would like to advise of changes to the Group’s senior management.
The Board has accepted the resignation of Chief Operating Officer Paul Cronan AM who has decided to return to Canberra for family reasons. The Group intends to appoint a replacement as soon as reasonably possible.
Cromwell Executive Chairman Paul Weightman thanked Mr Cronan for his valuable contribution since joining Cromwell.
“Paul has been a driving force behind the successful integration and streamlining of our property services team as well as a number of other important achievements,” he said. “On behalf of all Cromwell's staff I wish Paul and his family all the best for their return to Canberra.”
Cromwell is also pleased to announce the appointment of David MacDonald as the Group’s Risk and Compliance Manager.
Mr MacDonald joins Cromwell with more than 18 years experience in risk management, governance, compliance, internal audit and investigations.
Mr MacDonald is responsible for ensuring the Group meets its responsibilities relating to the management of risk through the implementation of Cromwell’s enterprise risk management framework.
He was previously based in the United Arab Emirates (UAE) where he was Audit & Risk Manager for Sorouh PJSC and prior to that Executive Manager for Ernst & Young (Australia & UAE) where he led a 25-member Business Risk practice in Abu Dhabi.
ENDS: Media Enquiries to Paul Weightman on 0411 111 028.
Cromwell Corporation Limited ABN 44 001 056 980
Cromwell Property Securities Limited ABN 11 079 147 809 AFSL 238052 as responsible entity for Cromwell Diversified Property Trust ABN 30 074 537 051 ARSN 102 982 598
Level 19, 200 Mary Street, GPO Box 1093, Brisbane QLD 4001 Telephone 07 3225 7777 Facsimile 07 3225 7788 Email [email protected] Internet www.cromwell.com.au