DomaCom appoints Steven James as new CEO

DomaCom appoints Steven James as new CEO

ASX-listed DomaCom have appointed Steven James as the acting Chief Executive Officer. Steven has been a non-Executive Director of DomaCom since 12 April 2023.

Steven has over 30 years’ experience in the financial services industry. He has held senior roles at the Commonwealth Bank of Australia, National Australia Bank and Westpac, and was also a foreign exchange dealer at Deutsche Bank and Bank of America. Steven has, over time, built up a detailed knowledge of the FX trading, financial planning and stock-broking financial market segments. While working in the stock-broking sector, Steven was a key figure in developing Australia’s largest wholesale broking business. He is currently a Director at Aston Consulting, which provides specialist strategic advice services, covering areas like capital raising, marketing and implementation, product distribution and implementation, digital transformation and corporate change management.

Steven is also a highly experienced Company Director. He has been on the boards of a wide range of listed and unlisted entities, including sporting bodies, financial services organisations and property industry business groups.

Steven’s wide range of marketing, product distribution and digital transformation skills will be tapped by DomaCom as the Company continues to implement its growth strategy. His expertise in corporate governance will be an additional valuable resource as DomaCom delivers on its ESG responsibilities.

Due to personal reasons, John Elkovich has resigned with immediate effect as Chief Executive Officer. He was appointed on 4 April 2022

Commenting on Steven James’ appointment, DomaCom Chairman John Hewson said, “We are very pleased to have a person of Steven’s experience to take over as CEO at this important time for the Company. His detailed knowledge of capital raising, marketing, product distribution and digital transformation will be drawn upon as DomaCom continues to progress its growth strategy.

“We would also like to thank John Elkovich for his work over the last two years. In particular, we thank him for overseeing a significant increase in Funds Under Management and the complete rebranding of the business. We are sad to see him go and we wish him well in his future endeavours.”