Foster's Group Limited (Foster's) today announced that Michael Ullmer will join its Board of Directors as an Independent Director from 1 July 2008.
Michael brings to the Foster's Board extensive strategic, financial and management experience accumulated over his career in international banking and finance.
Since 2004, Michael has been an Executive Director of the National Australia Bank (NAB). He is a former Chief Financial Officer of the Bank and is now the Bank's Deputy Group Chief Executive Officer, playing a lead role in driving Group strategy, developing key executive talent and progressing cultural change.
After an early career with KPMG in London, the US and then Australia, Michael joined Coopers and Lybrand to lead their Asia Pacific Financial Services Group. In 1997 he joined the Commonwealth Bank of Australia as Group Chief Financial Officer and then Group Executive with responsibility for Institutional and Business Banking.
"On behalf of shareholders I am very pleased to welcome Michael to the Foster's Board", said Foster's Chairman, David Crawford. "Michael's 30 years of international strategy and finance experience, and his strong people and culture focus, will be a real asset at the Board table."
Born in the UK and now an Australian citizen, Michael has a degree in mathematics from the University of Sussex, is a Fellow of the Institute of Chartered Accountants and a Senior Fellow of the Financial Services Institute of Australia.
Michael is also a director of the Melbourne Symphony Orchestra.
