FPIA appoints acting CEO
Wednesday, September 7th 2005, 6:25AM
One of the Financial Planners and Insurance Advisers Association's independent directors, Ross Butler, has been appointed acting chief executive.
Butler is a professional director and has in recent years been heavily involved in the mortgage broking industry through MortgageLink.
Meanwhile the association is recruiting for a new ceo. “We have already established a sound process to follow in recruiting a new ceo,” president George Elkington said. “That will inevitably take time."
"Having Ross take up the role in the interim makes perfect sense – he understands the direction we want to go in and he has more than the necessary skills, contacts and experience."
"We are confident that we will get the appointment process right.”
Butler has been on the board for two years. “I was delighted to be asked and it is a sensible move by the board – I’ve been involved in all of the strategic and business planning, and the preparation of our input into the Financial Intermediaries Taskforce."
Butler says he’ll stand down from the board while acting as chief executive. “That’s appropriate and good governance. The board can take their time to find the right person, and then I’ll revert to being a director,” he says.
He expects to be in the role until early 2006.
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