While another head will leave the authority in June
A former ASB and Westpac senior leader has been appointed as executive director of transformation and operational delivery at the Financial Markets Authority.
Sharon Thompson (pictured), will join the FMA in late February and will be based in Auckland. She is currently deputy commissioner for the customer and compliance (individuals) group at the Inland Revenue, where she’s worked since 2017. Prior to that, she had a short stint at ASB and worked nearly eight years at Westpac.
In her new role, Thompson will provide strategic direction to the FMA’s operations and capability functions, including technical operations, project management, data engineering, IT security and architecture, customer relationship management, knowledge management, business improvement, people and capability, finance, business support and transformation.
Thompson “is an exceptional appointment for the FMA as she has a strong experience leading enterprise-level organisations in both the public and private sector, through operational transformation,” said Samantha Barrass, FMA chief executive.
“Sharon’s focus on driving improved customer outcomes and employee engagement will ensure the FMA is well supported in its key enabling functions. Sharon will ensure the FMA is well placed to deliver on the expanding needs of both our people and stakeholders.”
FMA also announced that John Botica will step down from his role as director of market engagement and director of regulation and operations in June. Botica first joined the FMA in 2013 and has held several leadership roles during his tenure, including leading the FMA’s focus on market engagement.
“The board and I want to acknowledge John’s significant contribution to the FMA,” Barrass said. “His experience and knowledge was instrumental in our successful implementation of the new financial advice regime. He is well-known and highly regarded in the industry. We wish him well and congratulate him on a fantastic career in financial services.”
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