Board Moves December 6, 2017

Ausdrill has advised that longstanding chair Terry O'Connor will be stepping down from the board, and current deputy chair Ian Cochrane will take over as chair. Mr  O’Connor has been Ausdrill’s independent director and chair since 1993, and Mr  Cochrane has been providing legal services since 1994 when the company was listed on the ASX.

Deepankar Panigrahi, investment manager in the Private Equity division of the State General Reserve Fund of Oman, has joined the board of Berkeley Energia as a non-executive director. Mr  Panigrahi has extensive experience across a variety of sectors and geographies covering all stages of the private equity process, including post-investment management.