Navigator Global Investments Limited announce the appointment of Mr. Stephen Darke as Chief Executive Officer of the Company, effective 27 October 2023. As foreshadowed in the Company's market announcement on 24 August 2023, NGI's substantial growth over the past two years and the Company's growth plans justify the need for a full-time Australia-based CEO. The appointment of Mr. Darke is part of a strategic plan to increase the level of leadership resource available to NGI, and reflects the increased contribution of NGI Strategic Investments and the growth opportunities ahead of the Group.

As previously announced, Mr. Sean McGould, NGI's current CEO who has led the Company successfully over the past 15 years, will focus on leading and further developing the Lighthouse business as its Chief Executive Officer and Chief Investment Officer, and will report directly to the Board of Directors in this capacity. Whilst this will be Mr. McGould's primary responsibility, he will continue to support NGI and remain an Executive Director of NGI. Mr. Darke was previously a Managing Director at Macquarie Group Limited, where he worked for 24 years in its global Asset Management and Investment Banking Groups until July 2022, when he established Arch Advisors, an independent investment management consultancy focused on advising boutique asset managers.

He brings substantial experience in the alternative asset management sector, having established, managed and facilitated capital events for emerging and established investment managers and venture backed businesses globally. Having worked in New York, London and Sydney, he returned to Australia in 2018 after 12 years in the US, where he co-managed the Sass-Macquarie Financial Strategies fund, a New York-based private equity fund which established eleven alternative asset management firms globally. Mr. Darke began his career as a lawyer at Allens in Sydney.

He holds a Bachelor of Law (Honours) and a Bachelor of Commerce (Finance/Accounting) from Bond University. Mr. Darke will be based in Sydney and will become an Executive Director on the NGI Board.