TORONTO, June 30, 2022 (GLOBE NEWSWIRE) — Altus Group Limited (“Altus” or “the Company”) (TSX: AIF), a market leader in intelligence as a service provider to industry commercial real estate, is pleased to welcome two new independent directors, Wai-Fong Au and Carolyn Schuetz, to its Board of Directors.
Ms. Au is a seasoned financial services executive with over 40 years of global experience, including over 25 years on boards with notable expertise in audit and risk. Throughout her career, she has held senior positions at several leading financial services companies, including Barclays, RSA and Hill Samuel. She has also held several consulting positions for China Construction Bank, Accenture and several FinTech start-ups. She currently sits on the boards of Markel International and Markel Syndicate 3000, Equifax, Computershare Investor Services plc and Ascot Lloyd, an Oaktree Capital investment. Ms. Au holds a Masters in Auditing and Management from the University of London and is a Fellow Chartered Management Accountant.
Ms. Schuetz is an accomplished executive with more than 30 years of global financial services experience. Having spent 16 years at HSBC, most recently as Chief Operating Officer for Group Retail Banking and Wealth Management, she brings deep operational expertise and a proven track record of delivering transformational change at scale in complex and highly regulated industries. She currently sits on the board of OakNorth Bank plc, a UK-regulated private FinTech bank. Ms. Schuetz holds a BS in Mathematics from the University of Waterloo, is a Chartered Professional Accountant and holds an MBA from Stanford.
Altus’ new board members bring unique perspectives from their international experience and leadership to the board with deep expertise in audit, finance, governance, operations, risk management and strategy. Both Ms. Au and Ms. Schuetz have a proven track record of leading transformational change strategies that have generated sustainable profitable growth and stakeholder value. They join current board members Raymond Mikulich (Chair), Angela Brown, Colin Dyer, Anthony Gaffney, Michael Gordon, Anthony Long, Diane MacDiarmid and Janet Woodruff.
“On behalf of the Board of Directors, we are delighted to welcome Wai-Fong and Carolyn to our Board,” said Mikulich. “With the company at an inflection point in its strategic plan, we have prioritized the composition of the Board of Directors to ensure that we have the right skills and fresh perspectives to complement the existing skills of our Board of Directors. administration as we work to improve long-term value for our stakeholders. Together they bring a wealth of knowledge and decades of experience spanning business transformations, corporate governance, operations, finance and accounting, and risk management.
About Altus Group
Altus Group provides the global commercial real estate industry with vital business intelligence solutions driven by our de facto standard ARGUS technology, unparalleled asset-level data and industry-leading market expertise. A market leader in providing intelligence as a service, Altus Group enables CRE professionals to make informed decisions with greater speed and scale to maximize returns and reduce risk. Recognized by many of the world’s largest CRE leaders, our CRE asset assessment, performance and risk management solutions are integrated into the workflows critical to the success of the CRE value chain. Founded in 2005, Altus Group is a global company with approximately 2,600 employees in North America, EMEA and Asia-Pacific. For more information about Altus (TSX: AIF), please visit altusgroup.com.
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Head of Communications, Altus Group