This as the organisation searches for its next CEO
The Financial Services Council (FSC) of New Zealand has announced that Rob Flannagan (pictured above), the independent chair, will extend his term.
The decision comes as the FSC Board embarks on a search for a new chief executive officer following the departure of Richard Klipin.
FSC’s stalwart leader
Since his appointment in 2015, Flannagan has been instrumental in steering the FSC through numerous milestones, contributing significantly to its current stature in the financial services sector. His leadership over the past nine years has been pivotal in shaping the direction and success of the FSC, which just last month, announced a merger with Women in Super NZ.
“The FSC has continued to grow significantly, and 2024 is shaping up to be a significant year for the financial services sector,” said Nigel Jackson, FSC deputy chair. “We are grateful that Rob, who has been at the helm of guiding the FSC to its current success, has agreed to continue the journey.”
Flannagan’s commitment to the sector
Flannagan said he was honoured to continue his role.
“I look forward to seeing the good work that comes with the strong strategic framework in place and robust collaboration,” he said.
As 2024 approaches, FSCsaid in a blog that it remains committed to enhancing the financial confidence and well-being of all New Zealanders, working closely with the government, agencies, and regulators.
After serving for more than seven years, Klipin has informed the FSC board of his decision to step down. However, he will continue in his role until a new CEO is found.
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