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New Chair for Rabo Aust

New Chair for Rabo Aust

(25 March 2009 – Australia) Rabobank in Australia and New Zealand has announced the appointment of a new Chairman, William P. Gurry. William P. Gurry will replace outgoing chairman James Graham as the chairman of its board of directors.

James Graham has served as the Chairman of one of Australia’s largest rural lenders since November 2002 and has been a board member since May 2001.

Effective from March 31, 2009, Gurry takes over chairmanship of the boards of Rabobank’s major operating entities, namely; Rabobank Australia Limited, Rabo Australia Limited and Rabobank New Zealand Limited.

Gurry has previously held a number of senior roles in the financial services industry. He is a former executive chairman of UBS in Australia and was CEO of its forerunner Potter Warburg. He also served as managing director of National Mutual Royal Bank.

Gurry is currently chairman of wine company Cheviot Bridge and a director of the Financial Markets Foundation for Children and St. Vincent’s & Mercy Private Hospital.

He is a past chairman of Ericsson Australia and has held directorships with a number of companies, including Coles Limited.

Outgoing Chairman, James Graham, who is managing director of Gresham Partners Limited and sits on a number of boards including Wesfarmers and Lumley General Insurance, will also resign as director of the Rabobank boards effective 31 March 2009.
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