Kip McGrath Education Centres Limited announced that Mr. Damian Banks has been appointed to the Board as non-executive Director and will be appointed as Chairman on 1 June 2024, succeeding Mr. Ian Campbell who will transition to a non executive Director role and remain Chair of the Audit Committee. Mr. Banks is an experienced business leader with a proven track record in developing and expanding successful healthcare, employment, and banking businesses. He focuses on financial management, technology and people and has a strong history of developing customerfocused cultures.

Mr. Banks has also completed several M&A transactions. Mr. Banks is Chairman of Vection Technologies Ltd, Nonexecutive Director at Boom Logistics Limited and IMEXHS Limited, and an advisor and board member of various public and private companies. Mr. Banks has significant experience in business Leadership as the Managing Director and CEO of Konekt Ltd. Before this.

Mr. Banks held several leadership roles with Westpac Banking Corporation. Mr. Banks has significant experience leading businesses with strong organic growth and with M&A transactions both important features of KME's future.