The BGC Group has appointed three experienced and highly credentialed independent non-executive directors to its Board.
Neil Hamilton, Jennifer Seabrook, and Matthew Bungey will commence their directorships immediately and help guide the strategic direction of the company as it embarks on the next steps of the sale process to realise the value of the privately-owned company.
The independent directors join existing directors Julian Ambrose, Andrew Teo, Sam Buckeridge and Andrew Buckeridge. The Board is expected to confirm Neil Hamilton as chair at its next meeting.
"Collectively, our new directors bring a wealth of corporate experience, including impeccable credentials in major corporate transactions and the construction, resources, manufacturing, property and finance industries," director Sam Buckeridge said.
"They bring specialist expertise to complement the existing strengths of the Board and we are delighted to have attracted such high-calibre and respected directors as we undertake the divestment process."
Accomplished chairman and director, Neil Hamilton said he was delighted to have the opportunity to work with such an iconic Western Australian company.
"The BGC Group boasts an incredibly diverse range of successful and vertically integrated companies and businesses which operate across a number of key sectors in the Australian economy," Mr Hamilton said.
"From residential and commercial building to the manufacture of construction products and the delivery of contract mining services, the Group has significant and highly valuable assets which will no doubt attract strong interest in the market."
Mr Buckeridge said the Board would continue to progress the sale process in a considered and informed way.
12 October 2018
Independent Non-executive Director Bios
Neil Hamilton
LLB
Independent non-executive Director
BGC Group
Neil Hamilton brings a wealth and diversity of corporate experience from a career spanning more than four decades. An accomplished chairman and director, Neil has extensive experience in the legal profession and business across a range of industries including investment and funds management, insurance, banking and resources. Since May 2018, he has been Senior Adviser at Sternship Advisers, following eight years as Senior Adviser and Chair of the Western Australian office of UBS AG.
Neil has previously served as Chairman of IRESS, Challenge Bank Limited, Mount Gibson Iron Limited, Oz Minerals, LandCorp (Western Australian Land Authority) and Western Power and Director of Insurance Australia Group Limited, Adelaide Brighton, Metcash Limited, Programmed Maintenance Services Limited. He is past Chairman of West Coast Eagles Football Club and the AFL Players Association Advisory Board and a Life Member of both organisations.
Jennifer Seabrook
B.Com., FCA, FAICD
Independent non-executive Director
BGC Group
Jennifer Seabrook has worked at the highest levels of corporate Australia for more than 30 years. A former member of the Takeovers Panel, she has senior experience as a chartered accountant, investment banker and capital markets adviser. Ms Seabrook is highly experienced in mergers and acquisitions and has extensive public company board experience.
She is currently a Senior Advisor to Gresham Partners Limited and also a non-executive Director of Iluka Resources Limited, IRESS Limited, MMG Limited and the Australian Rail Track Corporation. Her previous directorships include Western Australian Treasury Corporation, Export Finance and Insurance Corporation, Amcor Limited, Bank of Western Australia Limited, West Australian Newspapers Holdings Limited, Australian Postal Corporation, Alinta Gas and Western Power.
Matthew Bungey
B.Eng. (Hon), B.Sc., MBA
Independent non-executive Director
BGC Group
Matthew Bungey is a seasoned M&A practitioner with significant experience advising the Board and management of global companies on corporate transactions, asset-level deals and complex financings. Over the past decade he has advised on many of the most significant transactions in the global Natural Resources space. He is a Managing Director of Barclays Investment Banking Division, having worked in London between 2006-2017. He has recently moved back to Australia with Barclays.
Originally from Western Australia and with a background in engineering and marketing, Matthew has worked on deals across North and South America, Asia, Africa, Europe and Australia. Matthew has an MBA with Distinction from INSEAD and studied under-graduate at the University of Melbourne.
