Nihal Gupta and Peeyush Gupta Appointed to SBS Board
Nihal Gupta with ex Premier of NSW Mr Barry O’Farrell appointed chairman of SBS Board on October 17, 2014
The Australian Government has appointed Mr Nihal Gupta as Chairman of the Special Broadcasting Service (SBS) Board and Mr Peeyush Gupta (not related) as non-executive Director of the SBS.
Mr Gupta presides over the chairmanship at a sensitive time when SBS is facing growing pressure of funding cuts by the government especially its role in programming in the current environment of racial tension to help run a more cohesive multicultural society.
Mr Nihal Gupta is Managing Director of Digital Electronics Corporation Australia and holds numerous community board positions, including Chairman of the NSW Multicultural Business Advisory Panel, appointee of the Judicial Commission of NSW, Trustee of the Board of the Sydney Cricket and Sports Ground Trust, board member of Asia Society of Australia, board member of Naisda Foundation Limited (National Aboriginal Islander Skills Development Association), member of the NSW Export and Investment Advisory Panel and board member of the Parramasala festival ”“ an annual celebration of Asian arts and culture. He is the first SBS Chairman of Indian descent.
Peeyush Gupta appointed non-executive Director of SBS
Mr Peeyush Gupta is an experienced company director, and is currently the Chairman of State Super Financial Services and Charter Hall Direct Property Management Limited. He is also a Director of: a number of entities of NAB, including MLC and the Bank of New Zealand Life Insurance; Crowe Horwath, QuintessenceLabs; and the NSW Government’s Safety Return to Work and Support Board. He has formerly been the CEO of IPAC Securities and held board positions with AMP Capital Investments, Financial Planning Standards Board and the Investment Funds Association In November, Mr Gupta will be appointed Chairman of MLC Life and to the NAB Board.
Says Mr Malcolm Turnbull’s office, “Mr Nihal Gupta and Mr Peeyush Gupta will be valuable additions to the SBS Board, bringing with them extensive experience and qualifications from the financial and business sectors. Mr Nihal Gupta’s background in international business management throughout Australia and the Asia Pacific region will be a real asset to the SBS. They have been appointed to their positions for five years.”
The appointment of Mr Nihal Gupta and Mr Peeyush Gupta follows the recommendation by the independent Nomination Panel for the Australian Broadcasting Corporation (ABC) and SBS Board appointments.
The Nomination Panel conducted an independent merit-based process to identify suitable candidates to fill the vacant SBS Chairman and non-executive director role in line with legislative requirements under the Special Broadcasting Services Act 1991.
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