FASEA chief executive Deen Sanders will step down from the government role, with a FASEA board member appointed interim managing director.
In a statement on the FASEA website, chair Catherine Walter has announced that Dr Sanders will be preparing to exit the role and "continue his long-standing career in professional standards".
Griffith University professor Mark Brimble has been named interim managing director, commencing in the role on 23 April.
Mr Brimble stood down from his previous role as chair of the FPA's Financial Planning Education Council (FPEC) in February.
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