NZX has made several changes to its executive team, following the departure of one of its senior executives.
The stock exchange operator announced earlier this year that Smart chief executive Anna Scott was leaving to head the New Zealand operations of global financial services group Mercer on October 1.
It announced today that her replacement would be Lisa Turnbull. Turnbull has been chief executive of NZX subsidiary NZX Wealth Technologies since 2017, and will take up the new role immediately.
NZX chief financial and corporate officer Graham Law said Turnbull was a seasoned executive with a strong reputation for delivering growth and high-quality customer service.
“A chartered accountant with a background in funds management, finance, strategic development, and investment platforms, Lisa is the ideal person to lead Smart and ensure more New Zealanders build their wealth by investing in Smart’s extensive range of products – including exchange-traded funds,” he said.
In a statement, Turnbull said her focus would be on enhancing the business’ strong growth. The NZX subsidiary, formerly known as Smartshares, had a “huge opportunity” ahead of it, with KiwiSaver funds expected to grow to around five times their present size by 2050, she said.
In the wake of her appointment, NZX chief information officer Robert Douglas has been appointed acting chief executive of NZX Wealth Technologies.
Prior to joining NZX, Douglas was the chief operating officer at Verifone NZ. He has also held senior roles at ANZ Bank, and was head of technology at First NZ Capital.
Douglas’ CIO role will be filled in an acting capacity by NZX’s head of capital markets and digital technology, Daniel Juchnowicz.
Meanwhile, Smart has also appointed James Wesley to a newly created role of chief sales and marketing officer.
Wesley, who was previously chief executive of Nikko Asset Management Americas based in New York, begins in November.
This is supplied content and not commissioned or paid for by NBR.
