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KIPT appoints new director

Keith Lamb

The Board of Kangaroo Island Plantation Timbers (KIPT) has planned a transition to a governance and management structure better suited to an operating timber export business. Source: Timberbiz

As the development phase of the company’s growth approaches its conclusion and the production phase draws nearer, the board has announced that Mr Keith Lamb has joined KIPT as a non-executive director.

Mr Lamb holds masters-level qualifications in Forestry and in Business Administration. He was director of operations and portfolio manager for New Forests Asset Management Pty Ltd from 2005 until 2017, with responsibility for $2.5 billion in timberland and related agricultural and industrial assets.

Mr Lamb has also served as a director of several forestry companies and trusts within and outside the New Forests group. His early career included both government and non-government forestry roles.

In addition to forestry operations management, Mr Lamb has considerable expertise in raising and deploying institutional capital for direct investment in forestry and agro-forestry projects. The company stated that it may find this useful, should it elect to expand its business in this way in future.