The GPT Group announced the appointment of Ms. Vickki McFadden as a non-executive director. Ms. McFadden's appointment will take effect from 1 March 2018. Ms. McFadden will stand for election at the upcoming annual general meeting (AGM) of security holders, to be held on 2 May 2018. Ms. McFadden worked for 18 years in the areas of investment banking, corporate finance and corporate law, previously as the Managing Director, Investment Banking, at Merrill Lynch (Australia) Pty Ltd. Ms. McFadden is currently Chairman of Eftpos Payments Australia Limited and also a Director of Tabcorp Holdings Limited, Newcrest Mining Limited, Myer Family Investments Pty Limited and President of the Takeovers Panel. In announcing the appointment of Ms. McFadden, Mr. Ferguson has also announced that he will retire from the GPT Board following the AGM in May. Subject to security holder approval at the upcoming AGM, it is intended that Ms. McFadden will then be appointed chairman of GPT. Ms. McFadden is a Member of Chief Executive Women and a Member of the Advisory Board and Executive Committee of the UNSW Business School.