The Association of Financial Advisers (AFA) has appointed AFA treasurer and president Brad Fox to the role of chief executive, effective 14 January 2013.
Mr Fox takes over the role from Richard Klipin who resigned from the position at the association in mid-November.
Mr Fox has been a member of the AFA board since 2007 and became the inaugural chair of AFA's GenXt initiative, leading and inspiring new entrants to the profession. Brad was also a winner of the AFA Rising Star Award in 2008.
AFA national president Michael Nowak said Mr Fox has played a pivotal role in helping to shape the AFA over the past five years and will continue to build on the association's success.
"Brad's experience means he genuinely understands the challenges facing financial advice business owners and how that impacts on consumers," Mr Nowak said.
"To date, he has played a significant role in the advice industry. He is the right person to lead the AFA into the future and the AFA board and staff are extremely excited to be working with him."
Mr Fox expressed his excitement in accepting the key industry leadership position.
"I am passionate about the need for more Australians to receive life changing financial advice. Leading the AFA is a great opportunity to help the advice profession influence, educate and change consumer behaviours around building, managing and protecting wealth," he said.
MLC Life has appointed the former CFO of AMP Bank as its new deputy CFO as it sees a period of “significant change” for the industry ahead. ...
Mayfair 101 founder James Mawhinney has been restrained from a number of activities following a Federal Court ruling. ...
One of Australia’s largest licensees says it is facing a crisis as risk advisers exit the industry, with its annual life insurance new business drop...