the takeover by Blackstone in June 2022<\/a>.\u00a0<\/p>\n\n\n\nShe stated: \u201cThe Star is one of Australia\u2019s leading integrated resort companies and I am excited about the opportunity to make a positive contribution to the future success of the company. I look forward to joining the Board and helping shape the program of work to transform The Star and drive value for shareholders.\u201d <\/p>\n\n\n\n
David Foster worked for more than 25 years in the financial services sector<\/strong>, including over five years as chief executive officer of Suncorp Bank until 2013. He currently holds several ASX-listed company directorships, including Bendigo and Adelaide Bank Ltd. <\/p>\n\n\n\nHe said: \u201cI am very pleased to be joining the Board of The Star and look forward to contributing to organisational change that will deliver benefits for all stakeholders.\u201d <\/p>\n\n\n\n
Star Entertainment Groups\u2019 interim chairman Ben Heap<\/strong> added: \u201cAnne and David bring a relevant set of skills to our Board at this important juncture. They have extensive experience in highly regulated industries, impressive backgrounds in risk and compliance, and invaluable leadership insights forged during their respective careers in law and banking. <\/p>\n\n\n\n\u201cAlong with fellow Non-Executive Directors, Michael Issenberg, Richard Sheppard, Katie Lahey AM and Gerard Bradley AO, I welcome Anne and David as we continue to refresh The Star\u2019s Board.\u201d <\/p>\n\n\n\n
The Star to bring in Independent monitor to oversee renewal programme<\/h2>\n\n\n\n
The casino operator announced that it has appointed Allen & Overy Consulting<\/strong> to monitor the design and implementation of its renewal programme, which is being led by The Star\u2019s Transformation Office to improve risk, compliance and culture. <\/p>\n\n\n\nMeanwhile, Wexted Advisors has been appointed by ILGA<\/strong> as an interim expert advisor to NSW regulators. The Star\u2019s Sydney casino operations will be audited by Wexted Advisors as well as the effectiveness of its governance, systems, supervision, and oversight. <\/p>\n","protected":false},"excerpt":{"rendered":"The Star Entertainment Group has named Anne Ward and David Foster as non-executive directors, subject to casino regulatory approvals being obtained.<\/p>\n","protected":false},"author":176,"featured_media":25794,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The Star Entertainment Group has appointed Anne Ward and David Foster as non-executive directors, pending casino regulatory approvals, as part of its ongoing board renewal program. These appointments aim to bolster the board's expertise in governance, risk, and compliance, particularly within highly regulated sectors. Concurrently, The Star has engaged Allen & Overy Consulting to monitor its transformation program, while ILGA has appointed Wexted Advisors to audit The Star's Sydney casino operations and governance frameworks.","focusai_entities":"The Star Entertainment Group, Anne Ward, David Foster, Redbubble Ltd, Symbio Holdings Ltd, Crown Resorts Limited, Blackstone, Suncorp Bank, Bendigo and Adelaide Bank Ltd, Ben Heap, Michael Issenberg, Richard Sheppard, Katie Lahey AM, Gerard Bradley AO, Allen & Overy Consulting, Wexted Advisors, ILGA","focusai_location":"Australia, Sydney","focusai_target_profile":"ceo_executive (0.95), regulator (1.0), compliance_legal (1.0), operator_casino (0.9), investor_analyst (0.95), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Regulatory Approval Timeline","query":"What is the anticipated timeline for casino regulatory approvals for Anne Ward and David Foster, and what specific criteria will regulators prioritize in their assessment given The Star's recent compliance challenges?"},{"label":"Impact on Governance Frameworks","query":"How will the expertise of the new non-executive directors, particularly in risk and compliance, specifically influence the evolution and strengthening of The Star's internal governance frameworks and control environment?"}],"footnotes":""},"categories":[16336,157],"tags":[23871],"class_list":["post-32634","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-business-news","tag-the-star-entertainment-group"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/32634","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=32634"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/32634\/revisions"}],"predecessor-version":[{"id":32636,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/32634\/revisions\/32636"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/25794"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=32634"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=32634"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=32634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}