CEO announces departure from Financial Services Council NZ

Board to start search for new top boss

CEO announces departure from Financial Services Council NZ

Insurance News

By Jonalyn Cueto

The Financial Services Council (FSC) NZ has announced the resignation of CEO Richard Klipin.

After more than seven years at the helm of the FSC, Klipin has informed the FSC board of his decision to step down. According to a news release, Klipin will continue in his role while the board initiates the search for his successor to ensure a smooth transition.

Rob Flannagan, chair of the FSC, expressed gratitude to Klipin for his leadership within the FSC and the broader financial services realm. According to Flannagan, during Klipin’s seven-year tenure, significant growth was witnessed, with the organization evolving from a modest 29-member group to one having 119 members. He notes also that Klipin’s ability to foster community engagement resulted in the active participation of over 540 members across various FSC committees, forums, and working groups.

“Richard is leaving the FSC in great shape, with a new strategic plan and a ‘Blueprint for Growth’ policy platform that unites the sector, and has support and backing from government and regulators,” said Flannagan.

“It has been a huge decision; however the time is right to hand on the leadership baton,” said Klipin. “It has been a privilege to serve as the FSC’s CEO. I thank everyone for the opportunity to serve and lead and work with such excellent people.”

The FSC board will soon initiate the search process for the next CEO, the news release said.

Have something to say about this story? Leave a comment below.

Related Stories

Keep up with the latest news and events

Join our mailing list, it’s free!