Cromwell property group announces board changes

Company News

by Anna Napoli

Real estate investment manager, Cromwell Property Group (ASX:CMW) has announced the retirement of non-executive director, Andrew Konig effective immediately.

David Blight has been appointed Non-executive director, commencing today.

He is the Director and CEO of ARA Australia, the Australian business of ARA Asset management.

Changes to the board come hot on the heels of Singapore-based ARA’s acquisition of 19.5 per cent in Cromwell last week.

Shares in Cromwell Property Group (ASX:CMW) closed 0.46 per cent higher to $1.09 on Friday

Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.