AFA Announces New President and Board Members

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The AFA has announced a new Board Executive, including Michael Nowak as AFA President; Sam Perera, Vice President, and Matthew Hawkins, Treasurer.

A statement from the association says that Nowak has been a member of the AFA Board for eight years and is the immediate past Vice President, serving two consecutive terms.

He was also the 2013/14 President during the Future of Financial Advice reform period.

Nowak says he is honoured to again serve as national president, adding that the AFA has set a firm forward strategy, “…with a strong policy and advocacy focus and a business plan that is well positioned to meet the current challenging Covid-19 economic conditions”.

Michael Nowak.

He also acknowledged that there are significant challenges ahead for financial advisers, but says it is encouraging to see a change in the tone regarding reform.

“It is crucial that reform is delivered to ensure that financial advisers can continue to serve the financial advice needs of Australians.”

The AFA also announced Katherine Hayes has been appointed to the Board as the new State Director for NSW/ACT and Stephen Knight has been appointed as WA State Director.

Six of the nine Board members will remain, including the three Executive members along with Sam Robinson in Victoria, Patricia Garcia in Queensland and Jawad Ahmad in South Australia.

The association says this provides continuity and stability. Members of the Board hold office for two years and must be practising financial advisers.

AFA CEO, Philip Kewin welcomed the new AFA Board Executive team and the new State Directors and thanked outgoing President, Marc Bineham, “…for his outstanding contribution to the AFA. Marc is a passionate advocate for financial advice, and has served on the Board for 10 years, including two consecutive terms as President.”

Kewin also acknowledged the contribution from outgoing WA State Director James Ford, who steps down after six years on the Board.

Members of the current AFA Board include:

 Executive

  • President – Michael Nowak
  • Vice President – Sam Perera
  • Treasurer – Matthew Hawkins
  • Company Secretary – Philip Kewin

State Directors

  • NSW/ACT – Katherine Hayes
  • VIC – Samantha Robinson
  • QLD – Patricia Garcia
  • SA/NT – Jawad Ahmad
  • WA – Stephen Knight
  • TAS – Vacant