FMA Board Announces Chief Executive Will Leave at End of 2021

The Financial Markets Authority (FMA) Board today announced that Chief Executive Rob Everett had resigned and would leave the organisation towards the end of the year.

FMA Chair Mark Todd said Mr Everett has done an outstanding job as the FMA's second Chief Executive, overseeing the implementation of the Financial Markets Conduct Act as well as helping to lead a national discussion around the need for conduct regulation in financial services.

"Rob has been, and will continue to be, a truly outstanding leader of the FMA, who will leave a lasting legacy. He has the greatest respect both within the FMA and among our many stakeholders," said Mr Todd.

Mr Everett said he had enjoyed his time at the FMA and was proud that the organisation was seen as a "high performing organisation that punches above its weight.”

"I'm absolutely committed to working closely with the Board and the new Chief Executive to ensure an orderly transition," said Mr Everett. "In the meantime, we have a lot of work in front of us so it will be business as usual for us while the Board undertakes its search for a new Chief Executive."

The Board and Mr Everett are working towards a departure date of 30 September but will take a flexible approach to the timing in order to ensure a smooth transition.