AFA CEO to step down

The Association of Financial Advisers (AFA) has announced that chief executive officer, Brad Fox, will step down from the role, effective 20 March 2017.

Fox has been AFA's CEO since December 2012 and prior to that was a national president of the association.

His successor is former financial adviser and Zurich executive, Philip Kewin.

Commenting on Fox's departure, AFA national president, Marc Bineham, said: "Brad has made an outstanding contribution to our profession and to the members of the AFA and we will be eternally grateful. Brad leaves the CEO role with the AFA in terrific shape for the future."

Fox, who has agreed to continue to serve the AFA as a consultant in the areas of professional standards and codes, said he is pleased to be supporting Kewin in making a successful transition to the CEO role.

"Now is the right time for me to hand the baton on to Phil. He can continue to lead this implementation for our members, and for the AFA as a professional body, over the next four to five-year period."