The Financial Adviser Standards and Ethics Authority has confirmed one of its directors has resigned from its board.
CountPlus chief executive Matthew Rowe stepped down from the FASEA board on 14 August 2019.
FASEA said Mr Rowe tendered his resignation from the board in order to “focus on his increasing workload at CountPlus Limited”.
“The standards authority thanked Mr Rowe for his service and wished him well for the future, noting that he had played an important role in the critical early years of FASEA including as audit committee chair and that his commitment had been very much appreciated,” FASEA said.
In June, CountPlus acquired Count Financial from the Commonwealth Bank for $2.5 million. The acquisition was met with overwhelming shareholder approval earlier this month.
Adrian Flores is a deputy editor at Momentum Media, focusing mainly on banking, wealth management and financial services. He has also written for Public Accountant, Accountants Daily and The CEO Magazine.
You can contact him on [email protected].
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