The chief executive of CountPlus, Matthew Rowe, has resigned his position on the board of the Financial Adviser Standards and Ethics Authority (FASEA).
Rowe confirmed his resignation to Money Management today after it was noted that his status as a serving board member had changed on the FASEA website.
Rowe, who is a past chairman of the Financial Planning Association (FPA), said he had resigned because of work pressures associated with CountPlus’s recent acquisition of Count Financial from the Commonwealth Bank.
“I have my hands full dealing with settling down that transaction,” he said.
Rowe is understood to have tendered his resignation from the FASEA board about two weeks’ ago.