Financial Services Council chairman to step down

He'll leave the organisation in December

Financial Services Council chairman to step down

The Financial Services Council has announced that FSC board chair Rob Flannagan will depart the organisation in December after nine years as an independent board member.

Flannagan has been helping guide, lead, and shape FSC and the financial services sector since his appointment in 2015.

“Under Flannagan’s leadership and guidance, the FSC has become an industry body of enormous importance, one which member companies can be proud to belong to,” Naomi Ballantyne, said FSC deputy chair. “In governing and leading the FSC board, he has been strong, capable, and strategic in his approach.”

In a media release, FSC said Flannagan has made the following contributions during his time with the council:

  • build the council into the voice of the sector through policy, regulatory, and political engagement, media, research, and data
  • grow the FSC membership from 29 to 115 members
  • deliver value to members, including a refreshed member website and sector events
  • lead the shift of FSC’s vision from being the voice of the sector to growing the financial confidence and wellbeing of New Zealanders

“The FSC board acknowledges his outstanding contribution in shaping the FSC into what it is today,” said Nigel Jackson, FSC deputy chair. “He will be leaving the FSC in a really strong position: as a strong and effective voice of the sector making great strides in its vision to grow the financial confidence and wellbeing of New Zealanders.”

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