MR No. 2015 – 50
16 October 2015
The Financial Markets Authority (FMA) today announced a revised organisational structure and key appointments for its executive committee.
FMA chief executive, Rob Everett, said “The FMA has undergone significant change and growth since its establishment in 2011. This new structure should be sustainable over the medium-term, taking advantage of existing strong leaders within the FMA, and bringing essential new skills and experience to the leadership team.”
The external appointments to the team include:
Two new executive roles have been created with appointments from within the FMA, these are:
Mr Everett said the new structure reflected the increasing range and depth of activity within the FMA’s mandate.
“The regulatory functions and focus for each member of the executive committee are now well-balanced across the requirements of all the market participants and sectors we regulate. I’m pleased to have brought together such a strong executive group, including local and global expertise acquired at the highest level, to deliver on our strategic priorities.”
“I’d like to acknowledge the significant contributions of Owen Gill, as director of external communications and Diana Christensen, as director of people and capability, who have both provided invaluable services for us during their fixed-term contracts.”
Mr Gill has elected to leave at the end of his (extended) term, having come to the FMA from Sydney last year, to lead the communications function on an interim basis during the transition to the Financial Markets Conduct Act.
Ms Christensen has also completed her interim role and has been instrumental in launching the FMA’s extensive three-year people and culture strategy.
The new structure is being implemented over the next three months and will be effective from 1 December 2015, with the general counsel function fully effective from January 2016.
The leadership roles announced today join the existing FMA executive committee members, Liam Mason, director of regulation and John Botica, chief operating officer.
See diagram of new ExCo structure below.
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