Xplore Wealth Ltd. announced that non-executive director Ms. Pamela McAlister will be stepping down from her duties with the Xplore Wealth board and its subsidiaries, effective 1 July 2019. Ms. McAlister joined the Group in September 2018 and was appointed as an Ombudsman with the newly formed Australian Financial Complaints Authority (AFCA). The increased demands of Ms. McAlister's role with AFCA have prompted her to resign from the Xplore Wealth board. Ms. McAlister will be replaced as a non-executive director on the Xplore Wealth board by Mr. Alex Hutchison, who is currently CEO of a prominent industry super fund and has extensive expertise in superannuation, platforms and financial planning. He returns to the Group (effective today) after resigning from the board in 2018 due to personal circumstances.