I think you could be right Jazz. Roger Sexton has built successful national businesses here in
Australia & has sold them on. (I'm sure for a healthy profit). This was a big factor why i chose BFC to invest in. Now Roger has set his sights on developing a global food company with clean & green Aussie products that is in high demand in China now & for years to come. Korea will be the next large market BFC will target along with Hong Kong & Australia. Thailand & Vietnam will join in the near future. Big future for this company with big gains for shareholders soon. IMO
Dr Sexton is a leading investment banker and company director with extensive professional experience in the Asia Pacific region. He has served as a Chief Executive of a number of large organisations in the finance, funds management and investment banking industries and has served on the Boards of a number of public companies and organisations in Australia and overseas.
Roger is currently Chairman of ASX listed company IOOF Holdings Ltd (based in Melbourne), Chairman of Beston Global Food Company Ltd, and Chairman of KeyInvest Limited (based in Adelaide). He is also Chairman of the Beston Pacific Group of Companies and a Director of IBISWorld Pty Ltd.
Roger studied economics and business at the Flinders University of South Australia and NCSU in the United States, winning the University Medal for economics at Flinders and the American Agricultural Economics Society Award for the top doctoral graduate in the US in 1976.
After spending the first 14 years of his career in high level public service roles in both the Commonwealth Government of Australia and the South Australian State Government, Roger then trained as a merchant banker with Morgan Grenfell in the UK and became a specialist in corporate "work-outs" and company reconstruction. He founded the Beston Pacific Group in 1992 which has spawned a number of significant and highly successful investment trusts, including the Beston Wine Industry Trust (the largest owner of vineyards in Australia and New Zealand, subsequently acquired by Challenger Ltd in 1999 and then by CK Life (Hong Kong) in 2011) and the Beston Parks Accommodation Trust (the largest owner/operator of caravan parks in Australia, subsequently acquired in 2010 by a Macquarie Bank Consortium).
Roger’s specialist technical skills and experience in company work-outs resulted in him being appointed by the SA Government to play a key role in turning around the economic fortunes of South Australia after the collapse of the State Bank in the early nineties. As Chairman of the Asset Management Task Force, he was responsible for directing and managing the sale of over $5 Billion in public sector assets including the State Bank, State Government Insurance Corporation, Pipelines Authority of SA and the Adelaide Casino.
Roger is a Board member and/or Patron of a number of charities and not for profit organisations in Australia including, Chairman of the Karmel Foundation at Flinders University and Principal Patron and Chairman of the Freemasons Foundation Centre for Men’s Health at the University of Adelaide.
He is a Fellow and SA President of the Australian Institute of Company Directors and a Senior Fellow of the Financial Services Institute of Australia. He has also served as a member of the Australian Accounting Standards Board.
Roger was awarded a Member of the Order of Australia in the 2011 Queens Birthday Honours.
BFC Price at posting:
47.0¢ Sentiment: Buy Disclosure: Held
(20min delay)
