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
Grant Hackett has been promoted from CEO of Generation Life to head up the wider Generation Development Group.
Tribeca Investment Partners has made a distribution hire from Australian Ethical in a newly-created role focused on the national intermediary market.
Asset managers may be urged to diversify their product ranges, but investment executives have warned any M&A deal should avoid simply filling gaps and instead consider long-term value creation.
Specialist wealth platform provider Mason Stevens has become the latest target of an acquisition as it enters a binding agreement with a leading Sydney-based private equity firm.