FNZ founder steps back

FNZ founder Adrian Durham, has decided to transition from his role as group chief executive to a non-executive role as founding director and senior advisor.

He will continue to sit on the group board and will remain a significant shareholder in the company.

FNZ has grown to a global company with over US$1.4 billion in annual revenue, employing 6,000 people in more than 30 countries, digitising savings and investment for over 24 million consumers with over US$1.6 trillion of savings, and in the process improving choice, transparency, lowering costs and helping people to save for their retirement.

Blythe Masters has been appointed as the new group chief executive. She joins with decades of experience in global financial services having formerly been a senior executive at JP Morgan, where she held numerous executive leadership roles spanning nearly three decades and was a member of the bank’s firm-wide executive committee. She has also served on various boards for major global financial services firms, including Credit Suisse and Santander.