Mike Halloran is the new chairman of IRT Group. Mr Halloran was elected at Thursday’s IRT Board meeting and replaces Bruce Allan who is preparing to retire from the Board in early 2017. Mr Allan has served as a director since 2005 and chairman since 2013.
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Chief executive Nieves Murray said IRT was very fortunate to have a chairman of such high calibre in recent years. "He has helped to steer IRT through a period of significant change for our industry, as we navigate sector-wide reform and changing customer needs and expectations. I'm pleased to say that our performance in that time is a testament to the effectiveness of Bruce's tenure as chairman,” Ms Murray said.
During Mr Allan’s time as chair IRT grew assets by over 20 per cent to $1.1 billion and annual income by more than 30 per cent to $184 million. Mr Halloran is honoured to be elected to the role and is looking forward to working closely with the Board and leadership to capitalise on opportunities presented by an ageing population.
Mr Halloran’s has been a director of IRT since May 2012.
His career has included prominent roles in the region such as chief executive of Illawarra Credit Union and interim chief executive of Illawarra Business Chamber.
"It's an exciting time for the seniors' Lifestyle and Care sector — consumer demand for more choice and control is driving innovation in products and services, new research and technology is enabling people to feel well for longer and live independently for longer, and government reform is increasing flexibility for providers to deliver the services that people want and need," he said.
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