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AFG non-executive director steps down from board

by Adrian Suljanovic8 minute read
AFG non-executive director steps down from board

The aggregator has announced that one of its non-executive directors will be stepping down from the AFG board.

Australian Finance Group Ltd (AFG) has advised that Melanie Kiely will be stepping down from the AFG board to “pursue other opportunities”.

Ms Kiely, who first joined the board in 2016, advised that she will not be seeking re-election at the company’s annual general meeting later this year after serving two three-year terms on the board.

The non-executive director remarked that she had enjoyed her time with AFG and looked forward to watching the company continue to flourish, noting that AFG brokers now write one in 10 mortgages across the country.

“I have thoroughly enjoyed my tenure on the AFG board and I feel the time is right for me to pursue other opportunities.

“I feel confident the board is well placed to continue to provide sound stewardship of this vibrant and growing company,” Ms Kiely said. 

The experienced board director and executive has more than 30 years of experience in the listed, private and not-for- profit sectors. She has worked in a range of sectors, including disability employment, aged and community care, mental health, insurance, and financial services industries. 

AFG chair Tony Gill thanked Ms Kiely for her contributions to the organisation.

“On behalf of the AFG board, I would like to thank Melanie for her time, advice, and counsel. Melanie has made a significant contribution to the board over the past six years,” Mr Gill said.

“Her role as the chair of the remuneration and nomination committee, and member of the audit committee and risk and compliance committee, and her advice and support of senior management has been invaluable.”

Ms Kiely’s departure will leave an open vacancy on the AFG board.

“The evaluation of the skills, diversity and experience on the AFG board is an ongoing process and I look forward to updating the market on any new director when and as appropriate,” Mr Gill said. 

The news of Ms Kiely’s departure comes just days after AFG announced it had promoted Christa Malkin to the role of national manager for its strategic partners program.

Ms Malkin was appointed to the position after having provided “exemplary support to AFG’s strategic partners across Australia”, the aggregator said.

Prior to her time with AFG, Ms Malkin spent 12 months with Bluestone, serving as its partnerships and enablement manager for the non-bank’s white label program.

The aggregator also said that Ms Malkin’s appointment was part of a wider expansion of its program, intended to strengthen its services towards larger brokerages.

AFG’s Strategic Partners program is focused on delivering “tailored support” for AFG-aligned businesses, including tools, analytics and insights, as a means to meet their needs and support their growth. 

Ms Malkin commenced her new role on 12 July, joining Adam Barker, who is the state sales manager for Queensland and the Northern Territory, as well as strategic revenue officer Corinne Kennedy and strategic partner support officer Sam Bostock. 

[RELATED: AFG unveils next strategic partners national manager]

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