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Australia's QIC names director

Australia-based QIC Ltd. appointed Patrice Derrington as a director on the company's board.

Derrington currently serves as a professor of real estate at Columbia University, and has served on directorships and executive positions at JPMorgan Chase and Victory Capital Management, among others, the company said in an Oct. 10 release.

In addition, the company said Grant Murdoch retired as a director.