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Keir Barnes

Dexus announces adjustment in senior leadership team

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By Michael Karpathios
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3 minute read

Dexus has confirmed that a senior leader has opted to depart the business, while also announcing that one of the team members will step up into the role within the group management committee.

Alison Harrop will be stepping down as CFO from 30 September, while Keir Barnes will undertake the vacant position, effective 1 October.

Ms Harrop has spent six years with Dexus and is noted to have made a strong contribution to driving improvements within their finance and technology functions.

“Alison has been a valuable member of our leadership team and after more than six years at Dexus has decided to leave the group,” said Darren Steinberg, Dexus CEO, on her departure.

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“I would like to thank Alison for her contribution to the success of Dexus and wish her all the best for the future.”

Ms Barnes joined Dexus in 2019 as a deputy CFO and has been responsible for the finance function across financial operations, performance, planning and analysis, valuations, tax, transactions and reporting.

“Keir is well placed to step into the role of CFO after serving more than two years as our Deputy CFO. The smooth transition of the role reinforces our commitment to succession planning across the group,” Mr Steinberg said on the appointment.

The firm also highlighted Mr Barnes’ extensive experience across the property and funds management industry as a key consideration for the hire. Prior to his time at Dexus, Ms Barnes was a founding member of Fife Capital where she held the position of CFO.

Ms Barnes will step into the role of CFO following a positive year for Dexus. 

When reporting their 2021 results in August, they reported a net profit after tax of $1,138.4 million, up 17 per cent on 2020.

Key to this growth has been the secured approval for the merger of AMP Capital Diversified Property Fund with Dexus Wholesale Property Fund, simplifying the Dexus corporate structure, Mr Steinberg said when reporting the 2021 results.

The merger was announced in April this year.