Retirement of IMB Director - May 2021

May 27, 2021

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The Board of IMB Bank announces that Gai McGrath will step down from her position as a non-executive director, effective 31 May 2021, so as to be able to take on a new board opportunity. The Board extends its thanks Gai for her outstanding contribution to IMB Bank since her appointment in 2016. Gai has been a dedicated member of the Board, having served as Chair of the People & Culture Committee and the IMB Financial Planning Committee, and as a member of the Risk Committee and Capital & Securitisation Committee. Gai has supported a strong organisational focus on growth, and the achievement of leading people and culture outcomes and risk management practices.

The Board will now commence a non-executive director search with respect to the casual vacancy arising, and will provide updates to members as that process progresses.

Date: 27 May 2021

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