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Santos Chairman, Ken Borda, today announced the appointment of Yasmin Allen to the Santos Board as an independent non-executive director, effective 22 October 2014.

Ms Allen has more than 20 years experience in finance and investment banking, including senior roles at Deutsche Bank AG, ANZ and HSBC Group Plc.

Ms Allen is a director of Insurance Australia Group Limited, where she chairs the Nomination and Remuneration Committee and is a member of the Audit and Risk Committee. She is also a director of Cochlear Limited, chairs its Audit Committee and is a member of the Nomination and Remuneration Committee.

Until recently, Ms Allen was also chair of Macquarie Specialised Asset Management Limited. She is a national director of the Australian Institute of Company Directors, a member of the George Institute for Global Health Board and a director of the National Portrait Gallery.

Mr Borda said that the Board was delighted with Ms Allen’s appointment.

“Yasmin brings extensive leadership, governance and risk management skills to the Santos Board. She has a strong track record as a director of major ASX-listed companies and will make an excellent contribution to the Santos Board,” Mr Borda said.