
Leigh Hodgetts, the inaugural head of FAMNZ, has left the organisation.
Australian-based managing director Peter White said Hodgetts had served "as a fierce advocate for New Zealand's finance and mortgage advisers, pioneering the association’s work and shining a light on the issues that matter most to the sector."
He said the association will soon appoint a new senior team member to lead the New Zealand association.
White said that since inception, the association has made significant progress despite challenges in an environment where advisers were not compelled to join a professional body.
“We are proud to have commenced this journey to stand beside advisers in our sector, who for too long have not had an exclusive voice.
“FAMNZ is already the recognised voice of the industry, respected across government, mainstream media and regulators, because our interest is to work in the best interests of advisers and consumers,” he said.
“We have raised the public profile of our industry, brought about real changes through advocacy, and played a part in delivering better outcomes for borrowers.”
White said Hodgetts helped to deliver a dedicated voice and seat at the table with government and regulators.
“Leigh has successfully engaged with key regulatory bodies such as the Commerce Commission, and made good ground in this area.
White said the work of FAMNZ is ongoing and again called on finance and mortgage advisers to join the association so that “we can be even more effective for you.”
“Advisers must realise that the gains we achieve benefit them directly, but the industry won’t grow by accident.
“We have vast experience in professional development, growing market share and helping members become more successful through support, training and advocacy, and I’d like all finance and mortgage advisers to join with us.