Tuesday. July 22, 2008

B&E pays tribute to long serving director

John Bonney retires from B&E Board

Long serving director and former Chairman, John Bonney, has retired as a Director of leading Tasmanian financial institution B&E Ltd.

In announcing Mr. Bonney’s retirement from the Board, B&E Ltd Chairman Mr. Nigel Harris paid tribute to Mr Bonney’s contribution and service to the Board. 

“John has been very active as a director over a long period of time in adding value to the Board and to the overall success of B&E. He is held in the highest regard by all of our directors and his contribution to board deliberations and activities will be missed,” Mr. Harris said.

Mr. Bonney’s service as a director with B&E started in 1987 when he was appointed to the board of Bass Building Society. He was an active participant in the merger in 1988 with Equitable, to form Bass and Equitable, which was later renamed as B&E.

During his 21 years on the Board, Mr Bonney served as Chairman for three years and on numerous occasions served as Chairman of the Audit & Risk Committee.