FMA chief executive resigns
The Financial Markets Authority board says chief executive Rob Everett had resigned and would leave the organisation towards the end of the year.
FMA chairman Mark Todd says 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,” Todd said in statement.
The board and Everett are working towards a departure date of September 30 but will take a flexible approach to the timing in order to ensure a smooth transition.
Click the button below to subscribe and will have free unlimited access for a limited time to full article and all other articles on the site.
You will also be able to comment on articles on Good Returns.
![[The Wrap] What the heck is happening at the FMA?](https://goodreturns.publit.io/file/c_fill,w_300,h_200/a6c3bc06-6401-44de-96e2-286c090e132d.jpg)