Commerce and Consumer Affairs Minister has announced three new appointments and one reappointment to the FMA board.
Tracey Berry, Nicholas Hegan, and Mariette van Ryn have been appointed for a five-year term ending in August 2029, while Chris Swasbrook, who has served as a board member since April 2019, has been reappointed. This is in addition to Craig Stobo who was appointed as chair in May.
Berry is a consultant and financial services professional with 26 years’ experience in wealth management, banking, KiwiSaver and insurance.
She is currently a partner at Mosaic FSI, as well as a member of the board for the National Provident Fund.
A former chair of Nikko Asset Management, she was also a member of the Financial Advisers Disciplinary Committee for 13 years. During her career she has held senior or executive roles at a number of New Zealand’s largest banks.
Hegan is an experienced financial services lawyer who has also worked as a trader in wholesale financial markets in New Zealand and offshore.
He has sat on the NZ Markets Disciplinary Tribunal for ten years and was formerly head of legal at Forsyth Barr for eight years until 2022.
A former partner at Russell McVeagh, he was also chair/deputy chair of the Securities Industry Association for five years.
Van Ryn is an experienced director, consultant and former barrister and solicitor.
Over the past 37 years she has worked across all facets of financial services and regulation in both executive and governance roles.
A member of the FMA’s Establishment Board, she is a current member of the NZ Markets Disciplinary Tribunal and a former director of Milford Asset Management.
She has also held governance roles at Westpac and is a former board member of Simpson Grierson.