"Sue's considerable experience as a consumer advocate and journalist will bring a strong consumer perspective to the FMA, and one that is independent of industry. She is currently the Chief Executive of Consumer NZ, holds governance roles with consumer-focused organizations, and worked as a journalist for more than 25 years," Mr. Faafoi says.
"The combination of her skills and experience will be highly beneficial to the FMA, particularly as its mandate evolves to encompass more consumer-focused regulation.
"Michael Stiassny's wealth of governance and professional experience will also provide considerable value to the FMA.
"Michael is an experienced director who has held a number of public and private directorships for many years and specializes in strategic advice and dispute resolution. Before moving into leadership and governance roles, he worked as a senior corporate governance and insolvency practitioner."
Both appointments are for three-year terms.
(With Inputs from New Zealand Government Press Release)