Iplayco taps UK investment banker to board of directors

David Banks is a managing partner at Carlyle Banks & Co

Playground equipment
All told, Banks has more than 40 years experience in investment banking, private equity and film production

Iplayco Corporation Ltd (TSE:IPC) is adding a new member to its board of directors.

David Banks, a managing partner at Carlyle Banks & Co Ltd in the UK, is joining the playground equipment maker as an independent director.

All told, Banks has more than 40 years experience and has worked around the globe in investment banking, private equity and film production. He’s served as senior VP at Chase Manhattan Bank, president of the financial services group at the Continental Grain Company and CEO of AT&T Capital, among other roles.

WATCH: Iplayco Corp's Liszkowski hails significant new contract wins

"We are delighted to welcome an executive of David Banks' caliber to Iplayco's board of directors," President and CEO Scott Forbes said. "As Iplayco continues to increase revenue and expand globally, David's financial background and passion for creativity, as shown through his involvement in the arts, makes him a truly excellent fit for our team."

Iplayco, based in British Columbia, has supplied playground equipment to 60 countries in its 20-year history.

Contact Andrew Kessel at [email protected]

Follow him on Twitter @andrew_kessel

Quick facts: iPlayCO

Price: 0.495 CAD

Market: TSX-V
Market Cap: $5.06 m

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