Heather Roy and David Kneebone join the board, Cecilia Farrow was elected risk practitioner director.
Financial Advice New Zealand has announced the appointment of two independent directors and the elected risk practitioner director.
At its annual meeting yesterday, the board told members it was thrilled with the calibre of the 63 people who applied for the position of independent, demonstrating the company’s growing profile and reputation, and the respect it has earned for financial advisers and financial advice.
This year, the board recognised FANZ had moved to achieve its constitution’s mandate of focusing on its objectives of promoting value of financial advice; advocating for financial advisers and for financial advice; and on building professional standards for financial advisers. It therefore added two additional independent directors to bring unique sets of skills and experiences to the board.
They are The Honourable Heather Roy and David Kneebone.
Heather Roy is one of New Zealand’s most sought-after directors in the not-for-profit sector. She brings a wealth of governance experience and, as a former minister of consumer affairs, a thorough understanding of the machinery of government. Roy has an attitude of inclusiveness that will ensure members remain the board’s top priority. She will be appointed for a term of three years.
David Kneebone has 15 years’ experience working on public financial literacy in three countries, was executive director for NZ’s Commission for Financial Capability and, most recently, was general manager/director for the Investor and Financial Education Council (IFEC) in Hong Kong. Kneebone will be appointed for a term of two years.
The position of risk practitioner director was contested by five experienced financial advisers.
Cecilia Farrow was elected the practitioner director. Cecilia held the role of the risk practitioner director on the FANZ board for the past two years and sought re-election. Farrow has a 25-year career in the Financial Services.
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