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Soul Patts adds departing Boral CEO Vik Bansal to board

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The news: Investment house Washington H Soul Pattinson has appointed outgoing Boral chief executive Vik Bansal as a non-executive director.

It is Bansal's second board appointment this week, after chemicals and explosives maker Orica unveiled him as its next chair on Wednesday.

The numbers: Soul Patts said Bansal will join the board on 15 August.

The context: Bansal has led construction giant Boral since 2022, having served as CEO of InfraBuild and Cleanaway before that.

Last week, it was announced that he will leave Boral in early 2026 and join the board of parent company Seven Group Holdings.

He is also on the boards of logistics provider Brambles, cement manufacturer Sunstate Cement and landfill gas management business LGI.

What they said: “His deep understanding of industrial markets, combined with his global leadership and strategic transformation experience, will be invaluable as we continue to grow and diversify our investment portfolio,” said Soul Patts chair Rob Millner.

The source: ASX


By Hugo Mathers