Former AFA chief executive Brad Fox has joined the board of Sydney-based financial advice boutique Stanford Brown.
ifa can confirm that Mr Fox will take up a non-executive director role on the self-licensed firm’s board of directors as it looks to expand its footprint beyond NSW.
The Melbourne-based former AFA boss stood down in March after four years in the position, handing the reins to former Zurich executive Philip Kewin.
Mr Fox will cease his role as a consultant to the AFA on professionalisation projects to take on his new board director duties at Stanford Brown.
In a statement issued today, Stanford Brown chairman David Brown pointed to Mr Fox's leadership skills and industry knowledge.
“I am delighted to welcome Brad to Stanford Brown," Mr Brown said. "During his four year tenure as CEO of the AFA, he showed real courage and leadership. Brad’s appointment is the first stage of our longer term strategy of creating an independent and diversified board. I admire Brad’s character, work ethic and strategic thinking, which will add significant value to our organisation.”
Describing Stanford Brown as one of the country's "elite" firms, Mr Fox said he anticipated bringing a new perspective to the board.
"We share a passion to improve the lives of Australians through the highest quality, non-conflicted advice delivered with uncompromising standards of client experience," Mr Fox said. "I look forward to bringing another dimension to their strategic thinking and expansion plans.”
Correction: A previous version of this article mistakenly reported that Mr Fox will continue to undertake his consulting duties at the AFA. It has subsequently been amended to reflect that Mr Fox ceased his consulting role with the AFA effective 30 June.
A Greens senator who was a key agitator for the royal commission has defended his reasoning in pushing for the inquiry, but conceded that it’s not c...
APRA’s sweeping changes to income protection policies are set to force more claimants back to work sooner, as the life insurance industry faces more...
The latest enforcement update from ASIC has noted that court cases brought by the regulator in the six months to December last year under its 'why not...