Only three existing members of the Association of Financial Advisers (AFA) board have retained their positions after its annual election.
The wholesale clean out came at the AFA annual conference in October, which saw Queensland based Dennis Bateman elected as the association’s new national president.
The new board members are Bateman, national treasurer Mark Hawes, New South Wales/ACT director Jim Taggart, Victorian director Kerry Sharp, South Australia//Northern Territories director Michael Harrison and Western Australia director Allan Downs.
Surviving last month’s elections were national vice president Paul Riegelhuth, Tasmanian director Craig Yates and Queensland director and Gerry Porter.
“Our new board has a good mix of experienced directors and new members seeking to offer ideas and expertise,” Bateman said.
“I am pleased to be taking over as president of the AFA at this time as the AFA is growing and is participating vigorously in the national debate on superannuation and adviser issues,” he said.
The AFA has seen a 20 per cent growth in membership during 2006.
