FSC Chief Executive Kirk Hope said he was pleased to welcome David McLean to the position.
“David brings a wealth of governance experience and a strong background in the financial services sector that will be of significant benefit to the FSC and our members.”
“I would like to acknowledge Rob Flannagan for his exceptional leadership, commitment, and contribution during an outstanding tenure of more than 10 years as Independent Chair. On behalf of the FSC Board, members, and the wider industry, we extend our deepest thanks to Rob for his dedication and vision throughout his time as Chair. His contribution leaves a strong legacy that has shaped the direction and impact of the FSC over the past decade,” Mr. Hope said.
Incoming Independent Chair David McLean said:
“Financial services underpin New Zealand’s economic resilience and contribute directly to the financial wellbeing of New Zealanders - through retirement savings, life and health insurance, and strong capital markets. I am pleased to accept the appointment as Independent Chair of the Financial Services Council and look forward to supporting outcomes that benefit both the industry and New Zealanders.”
ENDS
Note to editors: A photo of David McLean can be found here, with a brief biography below.
David is the Chair of the New Zealand Memorial Museum Trust, which has established Te Arawhata, the NZ Memorial Museum in Le Quesnoy, France. His other roles include Chair of Kiwi Group Capital, Weel Holdings Pty, and a member of the Council of Te Herenga Waka - Victoria University of Wellington. David retired after seven years as CEO of Westpac NZ in June 2021 having had a career as a lawyer and banker, and is a former chair of KiwiRail, the NZ Bankers Association, Champions for Change, and a former chair, and Distinguished Fellow, of INFINZ.