VIN Harink, the chief executive and managing director of Austock Funds Management Limited has stepped down from his role.
Austock is the responsible entity of the Api Fund.
Harink has also ceased as a director of the Austock Property group of companies.
Austock’s fund manager Ian Townsing will assume overall management responsibility for the fund and will report directly to the board, pending the appointment of a new CEO.
Austock shares closed at unchanged at 55 cents yesterday.
Australian Property Journal
