Praemium CEO exits with immediate effect as Deloitte steps in

Mark Battersby
clock • 1 min read

Praemium has called in independent consultants to review its international business after the sudden exit of chief executive Michael Ohanessian. In a statement to the Australian stock exchange, Praemium said Ohanessian (pictured) would be leaving the company immediately after almost  a decade in the role. Non-executive director Anthony Wamsteker, who joined the Praemium board in November, has become interim CEO role with the board's "full confidence". "The board has appointed Deloitte Corporate Finance to undertake a strategic review of Praemium's international business", the state...

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