Craig Stobo appointed as chair of FMA

Craig Stobo has been appointed as the new chair of the Financial Markets Authority (FMA). Stobo has been appointed for a five-year term and takes over from Mark Todd, whose term expired at the end of April.

Commerce and Consumer Affairs Minister Andrew Bayly said

“Mr Stobo brings a significant depth of experience to the role, having worked as a director, diplomat, economist, and chief executive.

The FMA will benefit from Mr Stobo’s understanding of market issues and regulation, as well as the importance of informed participation from businesses and investors.”

 

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