Amalgamated Holdings Limited announced that, following the retirement of Mr. Tony Clark AM on 25th October 2013, the board has appointed Mr. Peter Coates AO to the position of Lead Independent Director. Mr. Coates has been an independent non-executive director of AHL since 2009. Mr. David Grant, an independent non-executive director of AHL since July 2013, has been appointed to the Audit Committee and Nomination and Remuneration Committee and will Chair the Audit Committee.

Mr. Coates, who has been a member of both Committees, will Chair the Nomination and Remuneration Committee.