Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
Reserve Bank Board appointments



Download PDFDownload PDF

NO. 103 \

%

STATEMENT BY THE TREASURER, THE RT HON PHILLIP LYNCH, MP

- RESERVE BANK BOARD APPOINTMENTS

The Treasurer Mr Phillip Lynch today announced that . His

Excellency the Governor-General in Council has appointed Sir

Samuel Burston, OBE and Mr J:.N. Davenport, DSO DEC to fill the

two -vacancies on the Board of the Reserve Bank of Australia.

. These vacancies have been caused by the. retirements of Sir

William Pettingell and Sir William Gunn, both of whom had been

long serving members and had made valuable contributions to the

Board's deliberations.

Sir Samuel Burston is the President of the Australian

Woolgrowers and Graziers Council, and is a past President of the

Graziers Association of Victoria.

He is a director of the Perpetual Executors and Trustees

Association of Australia Limited and is a member of the Economic

Consultative Group.

Mr Davenport has been Managing Director of Concrete Industries

(Monier) Limited since 1970. .

TREASURER

EMBARGO

PRESS RELEASE

He is also a director of the Australian Gas Light Company and of

Dalgety Australia Limited.

The appointments are for the statutory period of five years.

CANBERRA ACT