Ventia MD and Group CEO succession
| Stock | Ventia Services Group Ltd (VNT.ASX) |
|---|---|
| Release Time | 19 Feb 2026, 8:47 a.m. |
| Price Sensitive | Yes |
Ventia MD and Group CEO to step down in Q4 2026
- Ventia's MD and Group CEO Dean Banks to depart in Q4 2026
- Mr. Banks has led Ventia through a period of strategic growth and transformation
- Succession planning is underway, with an orderly and seamless transition planned
Ventia Services Group Ltd (ASX:VNT) today announced that Dean Banks, the company's Managing Director and Group Chief Executive Officer, will step down from his role in Q4 2026. Mr. Banks will be returning to the United Kingdom after leading Ventia through a significant and successful period of strategic growth and transformation, including the company's listing on the ASX and NZX in November 2021. Ventia's Chairman David Moffatt praised Mr. Banks' outstanding contribution to the company during his tenure, noting that under his leadership, the business has been strengthened operationally, strategically and culturally, positioning Ventia as a trusted partner to its clients and a resilient organisation for the long term. The Board is deeply appreciative of Mr. Banks' commitment and energy, and looks forward to continuing to work with him as he delivers on the company's guidance between now and his departure.Succession planning is well underway, and Mr. Banks stated that he will continue to work closely with the Board and leadership team over the coming months to support an orderly and seamless transition. He expressed pride in what the company has achieved together, including growing the business, delivering for clients and communities, and building a strong platform for the future.