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Melco adds independent nonexecutive director

Casino operator Melco Resorts & Entertainment Ltd. on Sept. 5 appointed Francesca Galante as an independent nonexecutive director.

Galante has been the co-founder and a partner of specialist advisory firm First Growth Real Estate since 2010 and previously held roles at UBS Investment Bank, Soros Real Estate Partners and Merrill Lynch.

Galante also becomes a member of Melco's compensation committee and nominating and corporate governance committee.

Following Galante's appointment, Melco's board comprises a majority of independent directors.