Three more directors resigned from the board of CPA Australia on Thursday meaning the board no longer has enough members to make decisions.
The departure of Jennifer Lang, the director of strategic treasury and procurement at Commonwealth Bank of Australia, Deborah Ong, a partner at PwC Singapore and Martin Hourigan, the commercial manager at the The Just Group, means more than half the 12-member board has quit the accountants' body in the past fortnight over its direction under the high-profile Mr Malley.
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Joe Aston is the founder of Rampart and the best-selling author of The Chairman’s Lounge: The inside story of how Qantas sold us out. From 2012 to 2023, Joe helmed The Australian Financial Review’s Rear Window column. Email Joe at hello@rampart.news
Aaron Patrick was a senior correspondent at The Australian Financial Review.
Edmund Tadros leads our coverage of the professional services sector. He is based in our Sydney newsroom. Connect with Edmund on Twitter. Email Edmund at edmundtadros@afr.com.au
