Financial services company IOOF Holdings (ASX:IFL) is set to see some leadership changes as Managing Director Chris Kelaher steps down.
His resignation from the Board is effective immediately and he will continue on his current leave arrangements before stopping work on 2 July 2019.
Allan Griffiths has been elected as independent, Non-Executive Chairman, effective immediately.
He has been Acting Chairman since early December last year, when George Venardos stepped aside as Chairman.
IOOF Holdings (ASX:IFL) trading 3.01 per cent higher at $6.50.