Adacel Technologies Limited announced that Natalya Jurcheshin has indicated to the Board of her intention to retire from her position as a non-executive director effective 31 December 2024. As the Chair of the Audit and Risk Management Committee Natalya oversaw the introduction of an improved risk management framework which contributed to improved efficiencies in managing the key risks of the Company. In this role, she has consistently provided sound guidance and advice to the Board and has been a great support to the CFO's who have held office during her tenure.
Under her leadership of the Remuneration Committee she lead the introduction of a new performance-based remuneration structure for executives as part of the Company's retention strategy and to better align executive remuneration with shareholder value creation.
