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”.
Dr Sanders subsequently confirmed to Risk Adviser sister title Accountants Daily that he will be taking a position with big-four accountancy firm Deloitte.
Griffith University professor Mark Brimble has been named interim managing director, commencing on 23 April.
Mr Brimble stood down from his previous role as chair of the FPA’s Financial Planning Education Council in February.
The government has engaged executive search firm Egon Zehnder to help find a replacement CEO.
