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Ex Minister Appointed Chairman of TasBuild

01 September, 2010

Mr Graeme Sturges has been appointed to the position of Independent Chairman of the TasBuild Limited Board replacing long term Chairman Des Hodgman. TasBuild Limited is responsible for the administration of the portable long service scheme for construction industry workers and manages assets worth in excess of $57 million, covering over 18,300 employees and 2,800 employers.

Mr Christopher Atkins the Chief Executive Officer of TasBuild Limited said "We are delighted to be able to appoint such a high calibre person as Mr Sturges to the TasBuild Limited Board. Graeme's breadth and depth of skills combined with his experience will guarantee the work of the outgoing Chairman, Mr Des Hodgman is continued."

Mr Sturges was elected to State Parliament in 2002 and served as an MHA for eight years in the seat of Denison; he also held ministerial portfolios for Infrastructure and Veteran's Affairs. Graeme also filled the positions of Cabinet Secretary, Parliamentary Secretary to the Premier, Chair of the Tasmanian Road Safety Council, Chair of Parliament Budget and Government Business Enterprise Estimates Committee.

Prior to entering Parliament Mr Sturges served as State Secretary of the Communications Division of the Communications Electrical Plumbing Union. He is also heavily involved in community and volunteer work and the Patron of a number of community organisations including the Claremont RSL, Riding for the Disabled Association, Senior Polish Citizens Association and the RSPCA Hobart Shelter and is a Board Member of the RSPCA Tasmania.

In accepting the appointment Mr Sturges said "The tireless efforts of Mr Hodgman must be applauded as he was involved in establishing TasBuild Limited some 12 years ago and was an inaugural Member of the Board. As a result of Des's efforts he leaves the Fund in a sound financial position. I look forward to the challenges that are inherent in a position such as this, including those related to the growing value of the fund, the ever increasing liability of the Trustee and the uncertain local and global investment markets."