Newly appointed HFA CFO resigns
HFA Holdings (HFA) has announced its recently appointed chief financial officer (CFO), and company secretary, Henry Capra, has resigned.
Capra informed the HFA board that he was not able to continue his role due to personal circumstances.
HFA said his resignation was effective immediately, but his last day would be 30 June 2016.
In a statement to the market, the firm said that Amber Stoney, the previous CFO and company secretary before Capra, would take over until HFA found a replacement.
HFA said that as Capra was unable to continue his role, Stoney would lead the company into their 2016 annual results period.
"We are fortunate that we will continue to benefit from Ms Stoney's experience and knowledge, knowing that we can recommence the process of identifying a suitable replacement for her without interruption to the financial management and governance of our organisation," the publicly listed company said.
Stoney had been with the company for 12 years before resigning, but has now postponed her personal plans to act as the CFO and company secretary of HFA, the firm said.
Recommended for you
Some 42 per cent of CEOs say they are actively reinventing their business to stay relevant in the next decade, with consumer services the most common choice for asset and wealth managers.
Former Ophir Asset Management chief executive, George Chirakis, has joined private equity manager Scarcity Partners, while the asset manager has appointed a replacement from Macquarie.
Australian Unity has appointed a fund manager for its Healthcare Property Trust, joining from Centuria Healthcare, as it restructures the product with a series of senior appointments.
Financial advisers nervous about the liquidity of private markets funds for their retail clients are the target of fund managers launching semi-liquid products which offer greater flexibility and redemptions.