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Channel Capital Group: Responsible Entity Board Update

March 1, 2024

Channel Capital Group is pleased to announce an update to its Responsible Entity Board effective 1 March 2024. These changes reflect the company's ongoing commitment to governance excellence and leadership strength.

New Chair and Independent Non-Executive Director: Sandra Birkensleigh

We are delighted to welcome Sandra Birkensleigh to her new role as Chair and Independent Non-Executive Director of Channel Investment Management Limited.  Sandra brings a wealth of experience and expertise to her position, particularly in financial services, risk management, compliance, and corporate governance.

Sandra's impressive career includes 24 years at PricewaterhouseCoopers, where she served as a global lead for governance, risk, and compliance. Her contributions extended further as an independent member of the audit committee of the Reserve Bank of Australia. Currently, Sandra holds directorships in various ASX-listed entities and chairs several audit and risk committees, including Auswide Bank Limited, Adore Beauty Limited, Horizon Oil Limited, 7-Eleven Holdings Limited, and Tasmanian Finance Corporation.

A qualified chartered accountant and a member of professional bodies such as the Chartered Accountants of Australia and New Zealand, as well as the Australian Institute of Company Directors, Sandra's appointment highlights Channel Capital Group's dedication to appointing quality talent to drive strategic direction and uphold rigorous governance standards.

Retirement of Compliance Committee / Appointment of Additional Independent Non-Executive Directors

Having now achieved a majority external Responsible Entity board, a compliance committee is no longer required and will be retired effective 1 March 2024.

Joining Sandra on the board are Bede King and Karen Prentis, Channel Investment Management Limited’s former external Compliance Committee members.

Bede King is a practising solicitor and Managing Partner of Tobin King Lateef, Solicitors and Notaries.  He has extensive legal expertise in the commercial and property sectors along with managed investment compliance regimes.  

Karen Prentis has more than 30 years’ experience in the financial services industry as a non-executive director and independent compliance committee chair in funds management. Karen’s breadth of experience has led to the development of specialised skills in negotiating between public and private sectors and managing complex matters that affect diverse stakeholders.  

Both highly experienced in funds management governance and compliance, Bede and Karen’s proven credentials make a valuable addition to the board, building on the committee’s achievements over the years.

Current Channel Investment Management Limited Board Composition

The current Directors of the Responsible Entity, Channel Investment Management Limited, are as follows:

  • Sandra Birkensleigh (Chair)
  • Bede King (Non-Executive Director)
  • Karen Prentis (Non-Executive Director)
  • Glen Holding (Executive Director)

We’re proud of the diverse and experienced board members who bring unique perspectives and valuable insights to the Group. With their guidance, we're confident in navigating changing markets and delivering outstanding results for our clients.

For further information, please contact angela.dovitsas@channelcapital.com.au.

Channel Investment Management Limited (ACN 163 234 240, AFSL: 439007) is part of Channel Capital Group.

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