E&P founder steps down from firm

9 May 2022
| By Laura Dew |
image
image
expand image

Evans & Partners founder, David Evans, is stepping down as executive chairman but will remain a substantial shareholder and contribute to the firm’s strategic direction as non-executive chairman, effective 1 July.

Evans’ announcement came a month after the Australian Securities and Investments Commission (ASIC) suspended the Australian Financial Services licence of E&P subsidiary, Dixon Advisory & Superannuation Services Pty Limited (DASS).

Announcing his transition on the Australian Securities Exchange (ASX), Evans would be replaced by Tony Johnson who would step into the role on 1 June.

Evans said: “Having founded and led Evans & Partners since 2007 and been executive chairman of the company since 2017, I am excited by the opportunities that lie ahead, and it is my judgement that now is the right time to continue the transition to the next generation of leaders.

“Whilst I will be stepping back from day-to-day executive duties, I will remain a substantial shareholder and actively involved in the strategic direction of E&P as non-executive chairman.”

Johnson’s current roles included being a non-executive director of Bupa ANZ and chair of the advisory board of Fujitsu ANZ. He had a career spanning 24-years with EY, working as a partner of EY, managing partner of EY’s financial services business across Asia Pacific and chief executive and managing director of EY Oceania.

Read more about:

AUTHOR

 

Recommended for you

 

MARKET INSIGHTS

sub-bg sidebar subscription

Never miss the latest news and developments in wealth management industry

Ralph

How did the licensee not check this - they should be held to task over it. Obviously they are not making sure their sta...

1 day 12 hours ago
JOHN GILLIES

Faking exams and falsifying results..... Too stupid to comment on JG...

1 day 13 hours ago
PETER JOHNSTON- AIOFP

Must agree to disagree with you on this one Keith, with the Banks/Institutions largely out of advice now is the time to ...

1 day 13 hours ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 3 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months 1 week ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 3 weeks ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND