Hilary Paxman has stood down as NABMA Chief Executive with immediate effect.
In a letter to members, President Chris Rosling Joseph said, ‘It is with considerable regret that I have to inform you that Hilary Paxman is standing down immediately as NABMA CEO after meeting with the Presidency yesterday. I would like to sincerely thank Hilary for all the work she has done for NABMA and the markets industry generally. All of us in NABMA wish Hilary well in the future.
‘As an interim measure, Graham Wilson, Hilary’s predecessor, will be taking over as Chief Executive and I am sure that the organisation is in good hands pending the appointment of a new CEO.’
Recruitment will begin shortly for a new Chief Executive.