ozestock.com.au
STRATEGIC APPOINTMENT FOR LUMACOM
11 September 2003
Perth video screen technology company Lumacom has appointed former Business Development Director for the ANZ Banking Group and more recently Chief Operating Officer for Multiemedia Limited as its Chief Financial Officer.
Sam Andersen has a strong commercial background in business, financial structure and strategy.
Ms Andersen was responsible for the development of corporate strategy, review of performance and return on investment, and assessment of divestment and acquisition opportunities for the Multiemedia Limited Group.
With the ANZ, Andersen led a highly skilled team which achieved significant increases in the number of investment and banking solutions and acted as advisor in relation to strategic alliances and investments in the e-commerce area.
Prior to the ANZ, Ms Andersen worked with National Australia Bank from 1984 becoming the Senior Relationship Manager – Corporate banking in 1994. In 1996 she joined the Commonwealth Bank as Head of Business Development, Institutional Banking for Vic and Tas, SA, WA, and Qld.
Sam has a Bachelor of Laws, Queensland University of Technology, Brisbane and has completed the Certified Practicing Accountant certification with a high distinction.
Since early 2002 Ms Andersen has been a Director of the privately owned superannuation administration company SuperPartners Pty Ltd with some 4 million member accounts and a Director of the Victorian Funds Management Corporation which manages over $20 billion in assets, including those of the Transport Accident Commission, Victorian Workcover Authority and the Government Superannuation Office.
Lumacom Managing Director Rodd Sala said Ms Andersen’s experience in operational and financial management at a hands on commercial as well as a corporate level brings a wide level of expertise and experience to the Company.
Her responsibilities will include operational and financial structuring, legal counsel and operational
management of Lumacom’s rollout of LumaSigns across European, North American, Asian and other world markets.
This appointment will enable Rodd Sala to relocate to be in closer proximity to the key markets for Lumacom’s products, being primarily Europe and the USA, and will free Mr Sala to concentrate on the business development activities to ensure the continuation of the current momentum in the placement of LumaSigns across these crucial territories. |
