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Steadfast bulks up board

Steadfast has confirmed the appointment of two new board directors ahead of its upcoming public listing.

Insurance lawyer Philip Purcell has joined the Steadfast board as a non-executive director and will also serve on the company’s nomination, audit and risk, remuneration and succession planning committees.

Mr Purcell is also on the boards of two companies within the GE Group.

The appointment of former Genworth CFO Anne O’Driscoll as a non-executive director on the Steadfast board starting July 1 was confirmed to members at the recent Steadfast Convention.

Ms O’Driscoll is a former group company secretary and head of investor relations at IAG, and has been working at Steadfast for the past five months on the public listing project.

She left Genworth in late December as the lenders’ mortgage insurer prepared for its own public float later this year.