Resolution Capital appoints new Independent Chairperson


Resolution Capital is pleased to announce the appointment of highly experienced financial services executive, Michael Cameron, as a non-executive director and Independent Chair of the Board, commencing April 30, 2020.


Most recently, Mr Cameron was the CEO & Managing Director of Suncorp Group (2015-2019) and Group CEO and Managing Director of GPT Group (2009-2015). Prior to this, he was the CFO of the Commonwealth Bank of Australia and has held senior executive roles in a diverse range of property and financial services groups.


Mr Cameron replaces retiring Chair Bruce Coleman who has been a non-executive director and Chair of the Resolution Capital Board since 2007.


“We are delighted to attract an individual of Mr Cameron’s calibre to fill this important position as we continue to grow our footprint globally in the listed real estate sector. The appointment broadens the Board’s skills and brings a diversity of experience,” said Sonia Luton, Managing Director of Resolution Capital.


Commenting on his appointment, Mr Cameron said he looks forward to assisting the Resolution Capital team on the strategic direction for the firm and positioning it for future growth.


“When it comes to investing in listed real estate, Resolution Capital’s credentials and reputation are unsurpassed and I am thrilled to be given the opportunity to chair the Resolution Capital Board,” said Mr Cameron.


Andrew Parsons, Founding Director and CIO of Resolution Capital added “We thank Bruce Coleman for his dedication and strategic input during a period in which Resolution Capital has been able to establish itself as a leading Australian and Global real estate securities investment manager, delivering strong and consistent returns for our investors. Bruce played a key role in helping establish the business objectives of Resolution Capital, overseeing constructive ownership changes whilst ensuring the best interests of all stakeholders were balanced appropriately. We wish Bruce and his family well in retirement.”


This document was prepared by Resolution Capital (“Manager”). None of the materials, nor any content, may be altered in any way, transmitted to, copied, reproduced or distributed in any format in whole or in part to any other party without the express written consent of the Manager. This document does not constitute, or form part of, an offer to purchase or issue interests in any security or investment product and should be read as general advice about the strategy of the Manager. These materials discuss general market activity, industry or sector trends, or other broad-based economic, market or political conditions and should not be construed as research or investment advice. Recipients are urged to consult with their financial advisors before buying or selling any securities. The information included herein may not be current and the Manager has no obligation to provide any updates or changes. No representation, warranty or undertaking, express or implied, is given as to the accuracy or completeness of the information or opinions contained herein. Except as otherwise indicated herein, the information, opinions and estimates provided in this presentation are based on matters and information as they exist as of the date these materials have been prepared and not as of any future date, and will not be updated or otherwise revised to reflect information that is subsequently discovered or available, or for changes in circumstances occurring after the date hereof. The Manager’s opinions and estimates constitute the Manager’s judgment and should be regarded as indicative, preliminary and for illustrative purposes only.