Racing NSW, the regulatory body for horse racing in the Australian state of New South Wales, has appointed three directors to the board, deputy premier and minister for racing Troy Grant has announced.

Two directors, Tony Hodgson and Kevin Greene, have been reappointed for two years after originally being elected to the board on three-year terms in 2011, while a new appointment, Carole Molyneux-Richards, begins a three-year term.

“I welcome the reappointment of Mr Hodgson and Mr Greene who have both made a valuable contribution to the Board since their appointment in 2011,” said Grant.

A former school principal, Greene also serves as a director of the New South Wales Catholic Education Foundation, and has also served as the state’s minister for gaming and racing between 2009 and 2011.

Fellow board member Hodgson spent fifteen years as deputy chairman of Tabcorp Holdings until 2009, and has also worked with the Victoria Racing Club.

The pair are joined by Molyneux-Richards of CMR Consulting.

“I congratulate Carole Molyneux-Richards who not only brings strong and relevant business skills but will also bring a broader perspective to the Board,” Grant commented. “These three appointments provide a balance of business, financial and industry knowledge complementing the experience and skills of the board’s four other members and chief executive.”

“The Racing NSW board has a strong team leading into the 2015 season and I have every confidence in their ability to transform NSW into the premier racing state,” he added.

Alan Brown, a director since 2008 and former Sydney Turf Club chairman, has stepped down following the end of his term as director. Grant thanked him for his valuable contribution to the organisation.

The appointments coincide with the publication of a report by the New South Wales government, which reveals that racing contributes AUD$3bn to the state’s economy, as well as providing more than 30,000 jobs.

“Over 90,000 people participate directly in racing and there are nearly 2,600 race meetings annually,” Grant said. “The NSW Liberals & Nationals Government is committed to ensuring a strong and sustainable future for all three racing codes in NSW.”

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