Caroline Shearman was elected as a new member of the board of Federation of European Independent Financial Advisers (FEIFA) at its recent annual general meeting. 

In a statement today (17 October) FEIFA said Shearman has replaced Jason O’Connell, who has sat on the FEIFA Board since the association’s formation in 2009.

FEIFA CEO Paul Stanfield said: “Caroline brings over two decades of experience in financial services, with a strong focus on expatriate clients in eastern and southern Africa.

“She recently joined EWMT Advisers as a Wealth Manager in Cyprus, where she is expanding her focus on later life planning for international residents. A qualified financial adviser since 2004, and a director of Cyprus-based investment firms since 2007, she is well-versed in the evolving European financial landscape and the opportunities it presents for advancing our profession.”

O’Connell has for a number of years been living and advising in Australia and, while this provided a different and useful perspective for some time, both he and the rest of the board felt that it was now time to have a more European-focused individual in his place.

Stanfield said: “I wish to thank Jason for his many years of service to FEIFA. His input from the early days as a founding member, all those years ago, up until recent times, has been instrumental in helping us to make the progress that we have seen over those 15 years."

The statement further said that apart from the Shearman appointment it was very much business as usual. David Vacani, managing director of Beacon Global Wealth Management, continues his term in the chairman role while, in a similar manner, Chris Marriott, director at Blackden Financial, carries on as vice-chairman and treasurer.

Stanfield remains in the CEO role, which he has now performed since FEIFA launched, and John Westwood, founder and group chairman of The Blacktower Group, completes the FEIFA board.