ASB boss for Fletcher Building board

Fletcher Building chairman, Rod Deane, says Mr Norris brings considerable experience to the board, having held a number of senior management roles in the banking sector.

"He also brings international experience to the board through his role as Head of International Financial Services for the Commonwealth Bank Group, a role responsible for the group's operations in New Zealand, the Pacific and Asia."

Mr Norris will join current board members Dr Deane, Michael Andrews, Paul Baines, Hugh Fletcher, Sir Dryden Spring and Kerrin Vautier.

Fletcher Building was recently made a stand-alone company following the separation of the Fletcher Challenge letter stocks.

The company is currently undergoing a review of operations with a view to exiting from poor performing or non-core business units.

Steel and Tube (NZSE: STU) has made an application to the Commerce Commission for approval to purchase the steel operation of Fletcher Building.

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