DomaCom (ASX:DCL) - Non Executive Chairman, Dr John Hewson
Non Executive Chairman, Dr John Hewson
Source: Crescent Finance
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • DomaCom (DCL) appoints Dr John Hewson as Non-Executive Chairman and John Elkovich as CEO effective immediately following the departure of CEO Arthur Naoumidis
  • A former Liberal Party leader, Dr Hewson is an experienced economist with several careers in academia, bureaucracy, business, politics, and the media
  • Mr Elkovich is an experienced financial services leader with over 30 years of experience in wealth management, financial advisory and investment
  • DomaCom has said that it intends on applying for relisting on the ASX and after a short review period
  • DCL shares are trading at 6.5 cents

DomaCom (DCL) has appointed Dr John Hewson as the company’s Non-Executive Chairman and John Elkovich as CEO, among other vacancies, effective immediately.

Dr Hewson and Mr Elkovich’s appointment follows after the departure of Arthur Naoumidis departure as CEO, which Dr Hewson thanked for “commitment and leadership …over the past decade” on behalf of the Board.

A former Liberal Party leader, Dr Hewson is an experienced economist with several careers in academia, bureaucracy, business, politics, and the media.

In Business, he was a founder of Macquarie Bank, Chairman ABN Amro Australia, and Chair/Director of a host of public and private companies, with current positions in insurance broking, renewable energy, and funds management and investment banking.

Mr Elkovich is an experienced financial services leader with over 30 years of experience in wealth management, financial advisory and investment and most recently was the Head of SCB Partnership at Prudential, based in Singapore.

Dr Hewson welcomed Mr Elkovich to the role of CEO and looked forward to engaging with him given his exceptional experience in the financial services and his ability to scale financial services firms.

The Board has also announced Ms Angela Williams has joined the Board as an experienced marketer in the fintech space.

DomaCom has said that it intends on applying for relisting on the ASX and after a short review period, re-commencing a major fundraising round to take advantage of some of the opportunities to grow and scale the company.

DCL shares were trading at 6.5 cents.

DCL by the numbers
More From The Market Herald
The Market Herald Video

" Caprice Resources (ASX:CRS) intersects shallow gold at Island Gold Project

Caprice Resources (ASX:CRS) intersects shallow gold mineralisation at its first reverse circulation drilling program at the…

" Orion Minerals (ASX:ORN) raises $1.35m in SPP

Orion Minerals (ASX:ORN) has raised $1.35 million in its share purchase plan (SPP) to advance its…

" Future Metals (ASX:FME) to raise $5.5m for Panton

Future Metals (ASX:FME) has received firm commitments for a heavily oversubscribed $5 million placement.

" Firebird Metals (ASX:FRB) raises $3.5m to accelerate Oakover development

Firebird Metals (ASX:FRB) has received firm commitments to raise $3.5 million via a placement from sophisticated…