OPINION: Former AustralianSuper boss Ian Silk has appointed as the new chairman of Crown Melbourne.
, from its formation via merger in 2006 until last year, when its funds under management topped $200 billion.“Mr Silk is widely recognised as one of Australia’s most experienced business leaders, with deep expertise in governance, investment and risk management,” Crown Resorts said in a statement.
which covered everything from money laundering, breach of responsible gambling laws and tax underpayments to staff arrests in China.Helen Silver, a former secretary of the Victorian Department of Premier and Cabinet and senior executive with Allianz Australia and NAB Bank, and Henriette Rothschild, a former managing director of global consulting firm Hay Group, have been appointed as Crown Melbourne non-executive directors.
Mr Silk is the third Crown Resorts chairman appointed this month in an executive shake-up after inquiries in three states found Crown had partnered with junket operators linked to organised crime, facilitated money laundering through its casinos, and had a lax approach to problem gambling, among a string of issues.John Borghetti, a director of Alinta Energy and Brisbane Airport Corporation and former Virgin Australia chief executive, will take over as chairman at Crown Sydney.
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