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Australia’s Star Entertainment Group has announced two new board members and continues its renewal plans following recent findings that NSW and Queensland were not suitable.
The two latest additions, both appointed as non-executive directors, are Mrs Deborah Page AM and Ms Toni Thornton, who will join the newly appointed Board of Directors alongside the recently appointed Anne Ward and David Foster.
Thornton will join as soon as he receives the necessary regulatory approvals, while Page will join from February 1, 2023.
“On behalf of the Board, I welcome Deborah and Toni during this time of significant organizational and cultural change,” said Star Chairman Ben Heap.
“They bring a whole new set of skills and a wealth of experience to our board. Deborah and Toni will each play an important role as we continue to restore and transform The Star.”
Page is a Chartered Accountant, described by Star as an experienced director and chairman of companies listed on the Australian Securities Exchange, private, public sector and regulated entities (including real estate, utilities, insurance, technology, Renewable Energy and Fund Management Sector) has extensive industry experience.
She is currently the Chairman of Pendal Group Limited and a non-executive director of Brickworks Limited, Growthpoint Properties Australia Limited and Service Stream Limited.
Thornton is described as a seasoned executive with more than 15 years of corporate finance and strategy consulting experience, and 13 years of board audit experience.
She is currently a non-executive director of G8 Education Limited, CS Energy (the Queensland Government energy company) and key private companies including Millovate Pty Ltd (a beneficiary company set up to manage the development of key areas of the Moreton Bay Priority Development Area) and Habitat early learning.
She has served as a non-executive director of Southbank Corporation (the development and management agency for Brisbane’s Southbank precinct), Devcorp, the Gallipoli Medical Research Foundation and Triathlon Queensland.
their date is in a Independent monitor appointed by Australian Star Entertainment Group Overseeing the delivery of its remediation plan said last month that the plan appear sufficiently developed continue.
Star was found unfit to hold its casino licence in NSW and Queensland after a series of investigations found the company’s anti-money laundering controls had failed.
in particular, NSW Bell Report To The Star Sydney details a range of reasons why The Star was found to be inappropriate – including the illegal use of China UnionPay cards to fund The Star Sydney’s gambling, Star’s dealings with Asian junket operator Suncity Group and the company’s independence from it Audit responses to Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) controls.
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