Dexus Funds Management Limited (DXFM) the Responsible Entity of Dexus announced that Richard Sheppard will retire from his position as Director and Chair of the Board of DXFM, effective 27 October 2022 following the Dexus Annual General Meeting. The Board wishes to acknowledge the significant contribution Mr. Sheppard has made to Dexus since he joined in January 2012. Upon Mr. Sheppard’s retirement, Warwick Negus will become the Chair of the Board of DXFM effective 27 October 2022.

Mr. Negus has been a member of the DXFM Board since January 2021. He brings to the Board extensive funds management, finance and property industry experience. His most recent executive roles include Chief Executive Officer of Colonial First State Global Asset Management, Chief Executive Officer of 452 Capital, and Goldman Sachs Managing Director in Australia, London and Singapore.

Mr. Negus is Chair of Pengana Capital Group and a non-executive director of Washington H. Soul Pattinson and Bank of Queensland.