FPA appoints M&A expert to board

In a statement, the FPA said it had appointed Diana D’Ambra as an additional director to its board, and chair of the association’s audit and risk committee, following previous board member Paul Ruiz stepping down.

The association said Ms D’Ambra, who is a member of NSW ICAC’s audit and risk committee as well as a director of the Australian Property Institute and social housing provider City West Housing, had spent more than 25 years as an M&A adviser and chartered accountant.

“In addition to her non-executive board and committee roles, Diana also provides financial and strategic assistance to established businesses in relation to acquisitions, divestments, and to start-ups in relation to strengthening and transforming their businesses,” the FPA said.

The announcement follows the stepping down of numerous other FPA board members including Unified Financial Services principal adviser Michelle-Tate Lovery and Tupicoffs adviser Delma Newton.

Both former board members were recognised as fellows of the FPA at the association’s AGM upon stepping down from their directorships, while Ms Tate-Lovery was also given a Distinguished Service Award.

“It’s important that we take this time to recognise our members who have gone above and beyond,” FPA chair Marisa Broome said.

“These awards are not only representations of time and hard work, but also the dedication to servicing and advancing the financial planning profession.”