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[HCDX] ABC-Australia Managing Director resigns
ABC-Australia Managing Director resigns:
(20-Jan-06)
The Australian Broadcasting Corporation (ABC) Chairman, Donald McDonald,
today announced that the corporation's Managing Director, Russell Balding,
has resigned from the ABC to take up a position at the Sydney Airport
Corporation.
Mr Balding will be leaving the ABC towards the end of March 2006. In the
meantime, he will be working on ensuring optimal results from the current
Funding Adequacy and Efficiency Review and the Corporation's Triennial
Funding Submission to government.
Mr McDonald said the board regrets that Mr Balding has decided to leave the
organisation a year ahead of the conclusion of his current five-year contract.
"The ABC Board appreciates the outstanding contribution Mr Balding has made
to the Corporation since 1996, in particular as Managing Director from late
2001," Mr McDonald said.
"Under his executive leadership, the ABC has consolidated its role as the
national broadcaster, making great progress in a rapidly evolving digital
environment. The Board wishes Mr Balding further success in his new role."
Mr Balding said that the decision has been difficult as his time at the ABC
had been the most challenging and rewarding in his professional career.
"However, I believe the ABC I am leaving is in good shape, is in good
spirits, and is well positioned for continuing success. In the face of
strong competition for the attention of Australians the ABC remains a
highly relevant part of our national infrastructure, and a critical player
in Australia's media and cultural sector," Mr Balding said.
Russell Balding has been the ABC's Managing Director since May 2002,
although he acted in the position from November 2001 following the
departure of the previous Managing Director. He originally joined the ABC
as its Chief Financial Officer in early 1996.
The ABC Board will immediately commence the recruitment process to select a
new Managing Director, Mr McDonald said.
(ABU Wesite)
Best regards,
MD. AZIZUL ALAM AL-AMIN
E-65, GOURHANGA, GHORAMARA
RAJSHAHI-6100
BANGLADESH
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