Leading a complex not-for-profit organisation is not always straightforward. Following a lack of alignment between the CEO and Chair about APS’s future vision, Melanie Noden tendered her resignation as CEO, which the Board accepted. We wish Melanie well with her future endeavours and thank her for her service.
Head of Advisory Judith Fiander, a valued and respected member of the APS team since 2012, has been appointed as the new CEO of APS, effective immediately.
“APS could not be in safer or more capable hands,” said Chris Cuffe, founder and Chair of APS. “Judith is a leading authority on ancillary funds, knows our business inside out and is a passionate believer in the power of structured philanthropy to make a difference in the world.”
A seasoned senior executive, Judith began her legal career as a solicitor in 1992, moving into the financial services sector three years later to become one of the founding directors of Lawfund Australia. Appointed its first CEO in 2002, she led the company through a period of significant growth, expanding the office base to most capital cities and servicing more than 300 loan writers.
In 2007 Judith joined Kingsbridge and Eagle Pty Ltd as its national operations manager. When Centric Wealth acquired it, she remained part of the senior management team to head up the people and client experience division.
In a planned transition, Pennie Loane has now been promoted to Head of Advisory – Governance and Giving, effective immediately. Based in Melbourne, Pennie will lead a team of eight advisers supporting APS’s private ancillary fund clients around Australia.
With a background in financial services, Pennie has worked in corporate finance, project finance, and as an investment analyst both in the UK and Australia. Before joining APS in 2016, she managed the Australian Chamber Orchestra Instrument Fund.