HFA Holdings (HFA) is expected to name Oscar Martinis and Robert White as joint managing directors of the listed funds management group.
Martinis is currently HFA head of distribution, while White is currently HFA head of corporate and special projects and company secretary.
HFA was not available to confirm the hires, however, if true Martinis and White's joint appointment will be the second internal hire for HFA in the past week.
Last week HFA founder Spencer Young announced he would return to the helm as chief executive following Paul Jensen's departure after only eight months in the top job.
Jensen was hired as chief executive designate of HFA's subsidiary HFA Asset Management in January this year. He also held the position as HFA Holdings managing director.
Jensen's hire was part of HFA's long term succession plan. He was to take over to allow Young to focus on HFA's expansion into the international market.
A spokesperson for HFA said the company would not make any further comment.
HFA reported record full year earnings with a net product after tax for the year to 30 June, 2007 of $20.28 million which was 157 per cent up on normalised earnings from the previous financial year.
The result was also 46 per cent better than the company's 2007 prospectus forecast of $13.9 million.
In July HFA signed a merger agreement with US fund of absolute return funds manager Lighthouse Partners.
