The Agency Group (ASX:AU1) announced the appointment of Andrew Jensen to the role of interim Chairman, effective 18 February 2019. Mr Jensen will succeed Mr Phillip Re who has tendered his resignation as Chairman and will step down from the board on the same date.
Mr Jensen is an accomplished CFO with over 18 years experience in senior finance and management roles. He has strong commercial, strategic and M&A experience and has financially led companies engaged in various fields including real estate, financial services, telecommunications and the franchising sectors both in Australia and Internationally – as well as being a fellow of the (National Institute of Accountants) and member of the Institue of Company Directors.
“I am delighted to accept the opportunity to be chairman of The Agency Group at this stage of its development,” Mr Jensen said.
“Despite the current market downturn, this company is ideally positioned as an innovative disrupter in the national real estate market to continue its rapid growth and cement its position as the fastest growing real estate company nationally.”
The Agency Managing Director Paul Niardone thanked outgoing Chairman Phillip Re for his role in the transition to a national real estate agency.
‘As Chairman, Phil has steered the company from its infancy… he has overseen the company’s substantial growth in Western Australia via the acquisition of Sell Lease Property and other notable real estate agencies including Beaufort Realty and the transition to national real estate agency with the acquisition of Top Level Real Estate.”
“Andrew is highly respected and is a well-credentialed company director, who brings a depth of knowledge and experience to the role which will prove invaluable in taking The Agency forward through its next phase of growth,” said Mr Niardone.