NZFSG adds external board member

Former AMP executive and current member of Code Committee joins NZ Financial Services Group (NZFSG) board.

Wednesday, May 15th 2024, 8:00AM

Thérèse Singleton, who is currently the chief operating officer at insurance company Ando has joined the NZFSG board.

She rounds out the board which is made up of NZFSG executives and representatives of majority shareholder Ray White.

The other board members are former CEO Brendon Smith, Loan Market adviser Bruce Patten and Loan Market NZ CEO Brian Greer. Its Australian board members are Sam White, Andrew Jamson and Ewen Stafford.

The company says the diverse team "strengthens the board’s overall capability to guide NZFSG through its next phase of growth and innovation."

Singleton has held senior legal and management roles at AMP and Resolution Life. She is a current member of the NZ Financial Advice Code Committee.

"Singleton provides invaluable insights into the changing regulatory and business landscape for New Zealand advisers and FAPS."

Chairman Brendon Smith highlighted the importance of Singleton's appointment: "Thérèse's extensive knowledge and exceptional track record in both the financial and insurance sectors make her an invaluable addition to our board. Her insights will be pivotal as we continue to navigate through evolving regulatory environments and strive to set new standards in adviser services."

The appointment of Ms. Singleton aligns with NZFSG’s commitment to robust governance and sustainable growth. It supports NZFSG's mission to empower advisers and ensure that both they and their clients benefit from strengthened compliance, risk management, and strategic guidance.

Smith said “the importance of advisers has increased considerably in recent years, but so have their obligations. NZFSG has been at the forefront of supporting our members in the new landscape, harnessing tech to keep our advisers safe and help New Zealanders secure their financial futures.”

Tags: NZFSG