The group has appointed Alisha Chapman to the role.
NZFSG said Chapman has over 17 years of legal and compliance experience in the global financial services sector.
Her most recent roles include head of conduct & compliance, compliance & audit with ANZ, and legal and compliance roles at ANZ Wealth and ING/OnePath.
According to Chapman's LinkedIn profile, she has also held the role of senior adviser at consultancy firm The Compliance Company.
The new hire holds a law degree and was admitted as a barrister and solicitor of the High Court of New Zealand in 2003.
NZFSG said Chapman would "not only be responsible for building a strong compliance culture within the business, but also ensuring NZFSG meets their regulatory obligations".
She joins the adviser group February 22, and will work with Keri Ball-Guymer, NZFSG's head of customer outcomes.