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Dexus adds two non-executive directors

  •  
By Keith Ford
  •  
2 minute read

Real asset manager Dexus Funds Management Limited (DXFM) has appointed two new independent non-executive directors to its board.

Paula Dwyer and Rhoda Phillippo will commence on the board effective 1 February 2023.

Ms Dwyer has more than 20 years of experience as a chair and non-executive director across banking and financial services, investment management, property and construction, healthcare, energy and utilities.

She has worked as an executive career in investment banking with both Australian and international companies operating in Australia, including Ord Minnett (now JP Morgan) and Price Waterhouse (now PricewaterhouseCoopers). Ms Dwyer is currently chair of Allianz Australia and Elenium Automation, a non-executive director of Lion Beverages Group and a member of the Australian government’s Takeovers Panel.

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Ms Phillippo has experience across the energy, financial services, telecommunications, and technology sectors, and has held infrastructure executive roles at HRL Morrison & Co and Lumo Energy.

She is currently chair of Kinetic IT and a non-executive director of APA Group and Pacific Hydro, and was formerly a non-executive director of Datacom Group, Vocus Group and LINQ, chair of Snapper Services New Zealand and deputy chair of Kiwibank in New Zealand.

Warwick Negus, DXFM chair, said: “I am delighted to welcome Paula and Rhoda to Dexus. These are two highly skilled directors who will bring extensive infrastructure and listed experience to the board.

“These appointments reflect our ongoing commitment to maintain board diversity across skills and experience.”

The pair will join the Board Nomination Committee and stand for election at Dexus’ next annual general meeting, to be held on 25 October 2023.

Last week, a deal for Dexus to acquire the Collimate Capital domestic real estate and infrastructure equity business from AMP stalled, with AMP yet to secure approval from an applicable Chinese regulator for the transfer of AMP’s interest in China Life AMP Asset Management.

Dexus adds two non-executive directors

Real asset manager Dexus Funds Management Limited (DXFM) has appointed two new independent non-executive directors to its board.

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