A statement released by the LIV Council this week has confirmed Ms Wallace has left the LIV “by mutual agreement”.The resignation is effective immediately and sees LIV president Belinda Wilson act as CEO in the interim until the position has been filled.
Ms Wilson thanked Ms Wallace for her contribution to the organisation since joining as CEO in late 2014, noting the considerable change and progress the LIV had undergone throughout her leadership.
“In particular, she will be remembered for her contribution towards the sale of the LIV’s Bourke Street building and preparing the organisation for an era where technology drives the practice of law," Ms Wilson said.
Ms Wilson added that Ms Wallace had helped to "modernise the organisation and at the same time helped promote access to justice, secure more funding for our courts and stand up for the legal profession and the community".
“The organisation will now conduct a thorough external search and recruitment process to identify a new CEO to lead it into the future,” she said.