FNZ appoints execs in NZ

FNZ has appointed a chief executive and chief operating officer for its New Zealand operations.

Tuesday, April 9th 2024, 10:34AM

The global platform business has appointed Jeremy Graham as its new chief executive for New Zealand, and Aroha Steele as the country’s new chief operating officer.

The company says, in an announcement, that these appointments underscore "FNZ’s commitment to New Zealand as a strategically significant market, while continuing to promote regional talent within the business."

FNZ was founded in Wellington in 2003 and has is now one of the world’s largest wealth management platforms, operating in over 30 global locations.

Graham has a deep understanding of FNZ, having joined the business in 2007. Most recently, he was global head of talent, championing talent acquisition and development across all FNZ offices worldwide.

Between 2014 and 2021, he drove the growth of the FNZ’s software engineering capabilities, overseeing teams that have delivered multiple platforms across both European and Asia Pacific markets.

He takes on the role from interim New Zealand CEO Scott Webster, who will continue in his role as CEO, FNZ Securities, where he will focus on further strengthening FNZ’s global, end-to-end wealth management platform which integrates modern technology with business and investment operations.

Steele joined FNZ in 2018 and has held multiple leadership roles across the business including head of production support APAC and head of solution centre Australia/New Zealand.

"Under her leadership, several significant operational initiatives have been successfully introduced as part of platform enhancement, implementation and migration," FNZ says.

Since its foundation in Wellington, New Zealand in 2003, FNZ has grown to become one of the largest wealth management platforms in the world. From 2018 to 2023, it has grown assets under administration over seven-fold from $350 billion to more than $2.50 trillion and employs around 5,000 people globally.

In New Zealand, FNZ has continued to expand its footprint and now employs around 500 people across offices in Wellington and Auckland. The company also recently launched an accreditation program, known as the FNZ Academy, for graduates and colleagues in technical and delivery roles in the region.

Adrian Durham, Group CEO, said: “Having contributed to the growth of FNZ over the past 17 years, Jeremy’s deep knowledge of the business and demonstrable success in building high-performing teams makes him an ideal fit as we continue to deliver transformative solutions for our customers. Aroha has a similarly impressive record of delivery and is well placed to drive execution in this important market for FNZ.”

Tags: FNZ