Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

No Link Between the Appointment of a New FSC Chair

No Link Between the Appointment of a New FSC Chair and the Mainzeal Liquidation

Dame Jenny Shipley joined the former Insurance, Savings and Investment (ISI) Board as its first independent Director many years ago. When the Financial Services Council (FSC) was formed in 2012 Dame Jenny Shipley was appointed as the first Independent Chair.

In 2014 Dame Jenny’s term was extended for a further year while the organisation was reviewing its strategy.

In February of this year Dame Jenny advised the FSC Board that having taken up the role of Chair of the CERA Transition Board she would be retiring as Chair of the FSC due to her new time commitments.

Had Dame Jenny not retired in February of this year she would still be in the role of Chair of the FSC.

None of these events can be linked to the Mainzeal liquidation and it is wrong and unfair to draw that inference.

Released by Peter Neilson, CEO of the FSC on behalf of John Body, the Deputy Chair of the FSC.

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Super Fund/Canada Bid v NZTA: Tow Preferred Bidders For Auckland Light Rail

The two preferred delivery partners for Auckland light rail have been chosen and a final decision on who will build this transformational infrastructure will be made early next year, Minister of Transport Phil Twyford announced. More>>

ALSO:

9.3 Percent: Gender Pay Gap Unchanged Since 2017

“While it has remained flat since 2017, the gender pay gap has been trending down since the series began in 1998, when it was 16.2 percent,” labour market statistics manager Scott Ussher said. More>>

ALSO:

Ex-KPEX: Stuff Pulls Pin On Media Companies' Joint Ad-Buying Business

A four-way automated advertising collaboration between the country's largest media companies is being wound up after one of the four - Australian-owned Stuff - pulled the pin on its involvement as part of a strategic review of its operations ... More>>

Bus-iness: Transdev To Acquire More Auckland And Wellington Operations

Transdev Australasia today announced that it has agreed terms to acquire two bus operations in Auckland and Wellington, reaching agreement with Souter Investments to purchase Howick and Eastern Buses and Mana Coach Services. More>>

ALSO: