New board at FSC

The Financial Services Council has elected a new board at its recent annual meeting.

Chief executive Richard Klipin said the FSC is in good shape financially and operationally. "The industry is key to the health, wealth and well-being of New Zealand, and we are now looking to how we need to adapt to meet the needs of the industry in 2020 and beyond," he said.

The new board comprises:

• Ana-Marie Lockyer, ANZ
• Charlie Trotter, FNZ
• Crispian Knell, Suncorp/Asteron
• Kristy Redfern, AIA
• Lance Walker, Cigna
• Nadine Tereora, Fidelity
• Naomi Ballantyne, Partners Life
• Nick Stanhope, Sovereign
• Nigel Jackson, Westpac
• Simon Hoole, AMP
• Susan Basile, BNZ

"The new board is a great team with strong experience," chairman Rob Flannagan said."The team brings a keen focus on the future and means we can continue to build on the strong performance this year and expand the ways we serve the industry and consumers."

The FSC has a number of purposes including to be recognised as an organisation that represents the interests of the New Zealand financial services industry, including to regulators and Government and to promote best practice and integrity in the financial services industry, including through the institution of codes of conduct, standards and the publication of guidance for industry participants.