DomaCom appoints Steven James as new acting CEO

SYDNEY, AUSTRALIA: DomaCom Limited, a leading fractional property investment platform, has announced the appointment of Steven James as its acting Chief Executive Officer. James, who has been a non-Executive Director of the Company since April 2023, brings over 30 years of experience in the financial services industry to the role.

James has held senior positions at major banks, such as Commonwealth Bank, National Australia Bank and Westpac, and has also worked as a foreign exchange dealer at Deutsche Bank and Bank of America. He has extensive knowledge of the FX trading, financial planning and stock-broking market segments, and was instrumental in developing Australia’s largest wholesale broking business. He is also a Director at Aston Consulting, a firm that offers strategic advice on various aspects of business development, such as capital raising, marketing, product distribution, digital transformation and corporate change management.

James is a seasoned Company Director, having served on the boards of various listed and unlisted entities, ranging from sporting bodies to financial services organisations and property industry business groups. He holds a Masters Degree in Financial Services Law from the Macquarie Graduate School of Management, a Master Stockbroker Qualification and a Diploma of Financial Markets. He is also a graduate of the Australian Institute of Company Directors and a Fellow of the Governance Institute of Australia. He completed a Certificate in Disruptive Strategy from Harvard University in 2023.

James will leverage his marketing, product distribution and digital transformation skills to help DomaCom implement its growth strategy. He will also use his corporate governance expertise to support DomaCom’s ESG responsibilities.

Due to personal reasons, John Elkovich has resigned with immediate effect as Chief Executive Officer. He was appointed on 4 April 2022.
DomaCom Chairman, John Hewson commented, “We are very pleased to have
a person of Steven’s experience to take over as CEO at this important time for the
Company. His detailed knowledge of capital raising, marketing, product
distribution and digital transformation will be drawn upon as DomaCom continues
to progress its growth strategy.
We would also like to thank John Elkovich for his work over the last two years. In
particular, we thank him for overseeing a significant increase in Funds Under
Management and the complete rebranding of the business. We are sad to see him
go and we wish him well in his future endeavours.”

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