Homeloans Limited announced number of changes to its board of directors that will be effective at the conclusion of the company's annual general meeting on 13 November 2017. Chum Darvall, Homeloans' current Deputy Chairman, will be appointed Independent Non-Executive Chairman. Chum previously was Non-Executive Chairman of Deutsche Bank and prior to that Chief Executive Officer of Deutsche Bank Australia and New Zealand from 2002 to 2011. He was formerly the Chairman of TransGrid appointed by the New South Wales Government, until its sale in December 2015. Chum's other Board memberships include the Port of Portland, Online Media Holdings and the Financial Markets Foundation for Children. Chum is a Council Member of Macquarie University. Robert Scott, the current Chairman will remain on the Board in the capacity as an Independent Non- Executive Director. Duncan Saville, the current Alternate Director to Warren McLeland, will be appointed a Non-Executive Director. Robert Salmon, who was one of the founding owners of the Homeloans business and who has served on the Homeloans' Board for 17 years will be retiring from the Board.