Netwealth chair steps down 21 January 2021
The chair of Netwealth has passed the torch as Australia’s wealth industry faces down a period of “significant consolidation and transition”.
Jane Tongs will retire as chairman of Netwealth, citing her belief that board renewal is a key governance matter and that it is “time to pass the baton”. Ms Tong has served as chairman of all Netwealth companies since its foundation more than 20 years ago, providing “strong leadership throughout her tenure with a strong focus on governance, risk and financial stability”.
“My 20 plus years at Netwealth have been extraordinarily rewarding to me in a professional capacity having overseen the growth of the business from a start-up to the substantial ASX 200 company that it is today. I have particularly enjoyed working with the joint managing directors Michael and Matt Heine, their outstanding team and wonderful staff,” Ms Tong said.