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F&P Finance gets new chairman

Monday 30th of July 2012

Its NZX-listed parent company Fisher & Paykel Appliances says that Carlos da Silva has been appointed as chairman of Fisher & Paykel Finance. 

Under new regulations Non-Bank Deposit Takers have to have at least two independent directors, highlighting the need for the involvement of independent people in the governance process. The appointment of an independent as chairman is seen as a positive move.

Carlos replaces John Gilks who retired from the Board of Fisher & Paykel Finance July 25 as planned. 

Carlos da Silva was appointed as an independent director of Fisher & Paykel  Finance Holdings on 15 December 2010.

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