Stockbroker association head announces retirement

Fox has held the position at the organisation, which was formerly called the Stockbrokers and Financial Advisers Association (SAFAA) until March 2022, for the last six years.

As well as its own industry advocacy, SIAA is also a member of the Joint Associations Working Group which has been pushing towards the goal of affordable and accessible financial advice.

The board of SIAA said it will initiate a comprehensive search for a new chief executive to ensure a seamless transition upon Fox’s departure.

“Judith has been a passionate advocate for the stockbroking and wealth management sector, leading vital industry discussions and representing the interests of our members with professionalism and dedication. She is held in the highest esteem by the SIAA board of directors, the members, staff and the many stakeholders with whom she engages,” SIAA chair Hamish Dee said.

“She has been instrumental in lifting the profile and increasing the influence of our industry and profession. She has driven capability uplift across the sector through sector-wide collaboration, innovation, thought leadership and professional development.”

Fox said it was a “privilege and a joy” to lead the SIAA team and serve its members through a “tumultuous period”.

“With an outstanding team, I am proud to have strengthened the voice of our members as well as peer engagement, improved financial sustainability, and delivered key advocacy outcomes. There is more to be done and my decision was not taken lightly. Ultimately, my view is there is a point where organisations need renewed CEO leadership, and this should occur when performance is strong,” Fox said.

Prior to taking on the role at SIAA, Fox was the chief executive of the Australian Shareholders’ Association, and previously a national director at Governance Institute of Australia for 14 years.