The Board of DirectMoney announced the election of Mr. John Nantes to the position of Executive Chairman. Mr. Nantes, a current Director, replaces Mr. Stephen Porges who has stepped down from the Chairman role and will remain as a Non-Executive Director of the company. Mr Nantes has over 20 years of experience in Financial Services. Prior to being the Chief Executive Office of Adcock Private Equity, Mr. Nantes was Group Head of financial Services at Crowe Horwath. The Board has also established a permanent Remuneration and Nominations Committee with Mr. Chris Whitehead and Mr. Craig Swanger as members.