Hewitson leaves FMA
New appointments at the Financial Markets Authority mean the role of Director, Financial Adviser Regulation has been disestablished.
Tuesday, July 26th 2011, 8:45AM 2 Comments
The FMA has changed its management structure and made a number of appointments which means the role Hewitson held has been disestablished.
Sue Brown has been appointed as head of primary regulatory operations to develop and lead the FMA strategy and activities relating to the primary and retail financial markets, including financial advisers.
Elaine Campbell has been named as the head of compliance monitoring, a new role at the FMA that will see her develop and lead the commercial and infrastructure monitoring function, including monitoring of qualifying financial entities (QFEs), brokers, financial service providers, superannuation schemes and KiwiSaver providers.
Hewitson finishes at the FMA on August 5.
Responsibility for financial advisers will come under Primary Regulatory Operations, headed by Sue Brown. Responsibility for QFEs falls to Elaine Campbell, Head of Compliance Monitoring.
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