Forsyth Barr independent director Anne Blackburn has left the broking firm after joining Fisher Funds as part of TSB Bank's representation on the fund manager's board.
TSB Bank director Blackburn and chief executive Kevin Murphy joined the board of Fisher Funds Management on June 13, four months after the Taranaki-based lender took a quarter-stake in the fund manager as part of its $79 million acquisition of Tower Investments.
A week later, Ms Blackburn ceased being a director at Forsyth Barr, according to documents lodged with the Companies Office.
Forsyth Barr chairman Eion Edgar told BusinessDesk Ms Blackburn's departure came after she accepted a position on the board of another company, without naming the firm, and paid tribute to her six and a half years' service to the brokerage.
Ms Blackburn also sits on the boards of the New Zealand Venture Investment Fund, Eastland Group, Fidelity Life and Auckland Council Property Ltd.
Mr Edgar said Forysth Barr's board wants to confirm a new independent director after its next meeting on July 10.
The broking firm's board includes managing director Neil Paviour-Smith, executive directors Shane Edmond and Darren Manning, independent director David Kirk and deputy chairman Michael Sidey.
This article is tagged with the following keywords. Find out more about MyNBR Tags
- Power and loot for country’s best known TPP critic
- Dunne warns of 'consequences' if Maori Party supports RMA reform
- UPDATED: Fonterra shareholders evenly split on shrinking board
- Eroad takes a knock in Oregon, but on-track for full-year
- New direction for Wgtn Council but credit rating unlikely to change
Most listened to
- Trilogy International CEO Angela Buglass on tripling her profit
- Eroad CEO Steven Newman talks about his company's revenue increase
- What do the latest terrorism attacks in Mali and Israel mean? Nathan Smith discusses the latest foreign affairs news
- NZ Windfarms departing director Michael Stiassny speaks out after board exit
- James Mayo talks about SOS Hydration's growth plans after Snowball offer
- Michael Wood on whether he would run in Mt Roskill
- SAFE's Abi Izzard quizzed over protest of a caged hen operation at Pukekohe
- Nevil Gibson talks about Editor's Insight on the planned $US150 million merger between Pfizer and Allergan
- Taupo Beef’s Mike Barton on how to extract sustainable profit from farming
- Will the government lose on RMA reform? Rob Hosking outlines the PM's speech
- How could bookmakers recoup $16 million? Racing Board chief executive John Allen explains
- Nevil Gibson breaks down the latest aviation news