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Centrepoint Alliance adds to board

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By Jessica Penny
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3 minute read

The wealth management firm has welcomed an experienced director to its board, set to join this week.

Centrepoint Alliance has announced the appointment of Linda Fox as an independent non-executive director to its board, effective 1 December.

Ms Fox joins the company with two decades of experience in non-executive director, executive director and committee member roles, including at QV Equities, Commonwealth Bank of Australia subsidiaries, SFG Australia subsidiaries, Schroder Investment Management, and not-for-profit organisations such as the Australian Youth Orchestra.

According to Centrepoint, Ms Fox has proven capabilities in the areas of corporate governance, strategic planning, mergers and acquisitions, leadership, and the financial services regulation.

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Having qualified as a chartered accountant at KPMG early in her career, Ms Fox brings additional experience in chief financial officer (CFO) and chief operating officer (COO) roles within the financial services industry.

Namely, she previously had a seven-year stint with CBA Group where her roles included CFO of Colonial First State and Wealth Management Advice, CFO of the International Financial Services Division and director of Colonial Services.

Ms Fox also served six years with Shadforth Financial Group as CFO and was COO of Schroders during her four-year directorship with them.

Commenting on her appointment, Centrepoint chairman Simon Swanson said: “We are delighted to welcome Linda to the board and look forward to the depth of knowledge and expertise that she will bring to the company.”

“Linda’s extensive background in the financial services industry will be a huge asset and she will be a valuable member of the board,” Mr Swanson continued.

Ms Fox added: “Financial advice is more important now than ever. It is a privilege to be appointed to the CAF board and have the opportunity to oversee the provision of financial advice to more Australians”.

Ms Fox is a graduate and member of the Australian Institute of Company Directors, holds a master of business administration, a graduate diploma in information systems, and a bachelor of commerce.

In August, Centrepoint also welcomed Mr Swanson as board chair, having first joined the company in 2021 as a non-executive director.

Mr Swanson replaced Alan Fisher, who announced his intention to step down as chair after a seven-year tenure on the board.

The news of his appointment came shortly after the firm’s full year results, where the group confirmed that it had received indicative approval from National Australia Bank (NAB) for a debt facility of $10 million to fund future acquisitions.