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Stobo’s ongoing LGFA directorship to be considered

Craig Stobo stepped down as chair of the Local Government Funding Agency last December pending the outcome of Mbie’s investigation into his role as chair of the Financial Markets Authority.

Craig Stobo.

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Craig Stobo's future on the board of the Local Government Funding Agency (LGFA) is being considered in the wake of a six-month independent review into his conduct as chair of the Financial Markets Authority (FMA).

Last December, Stobo stepped aside as FMA chair while the Ministry of Business,

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Hamish McNicol Wed, 06 May 2026
Contact the Writer: Hmcnicol@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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Stobo’s ongoing LGFA directorship to be considered
General Business,
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