The Board of ALE Property Group (ALE) announced the appointment of Mr. Robert Mactier as an independent non executive director of the group, effective from 28 November 2016. Mr. Mactier has held a variety of public company directorships and executive roles in the Australian investment banking and securities markets. Mr. Mactier began his career with KPMG and worked across their audit, management consulting and corporate finance practices from 1986 to 1990. He has extensive investment banking experience in Australia, having previously worked for Ord Minnett Securities, E. L. & C. Baillieu and Citigroup between 1990 and 2006. He has also been a consultant to the Investment Banking division of UBS AG in Australia since June 2007. Mr. Mactier is also the non executive Chairman of ASX listed WPP AUNZ Limited a role he has held since 2008 having been appointed as a director in 2006 as well as having served as a non executive director of NASDAQ listed Melco Crown Entertainment Limited since 2006. Mr. Warne confirmed at the 2016 AGM held on 25 October 2016 that he would be stepping down as chairman of ALE in the first half of 2017. Mr. Mactier has been appointed to the board with the expectation that he will succeed Mr. Warne as chairman of ALE during the first half of 2017.