AFG (ASX: AFG) is expanding its management team with the appointment of its Chief Financial Officer David Bailey to the newly created role of Chief Operating Officer. This appointment will assist in fast tracking some of the growth opportunities which AFG have been examining, whilst still retaining his skill set in the business.
Mr Bailey has been AFG’s CFO for over 11 years and in this time has gained an exceptional insight into the business operations of the Group.
“The introduction of a COO role to AFG’s management team will further expand our capacity and by moving David into this role we are able to utilise his depth of understanding of the business to focus on future opportunities for growth” said AFG Managing Director Brett McKeon.
“David was an integral part in the recent listing of the company and he will play an important role in the next exciting phase of AFG’s evolution. Given his background, we recognise that it important for David to maintain a continued involvement in aspects of the business he already contributes to including investor and market relations. David will also continue to take the lead role in our securitization business.”
“His ability to ensure a smooth transition into the business for a new CFO will be invaluable,” concluded Mr McKeon.
AFG will be conducting a nation-wide search to fill the role of Chief Financial Officer.
Download: AFG Media Release – COO appointment