Financial planners finally get a ceo

The Institute of Financial Advisers has finally appointed a full time chief executive nearly a year after the previous one left.

Monday, October 2nd 2006, 5:25AM
The new ceo is former Public Trust ceo David Hutton.

"Hutton is an experienced senior executive with a very broad background in strategy and management," association president Simon Hassan says.

"He also struck us as having a very good balance of detail and big picture abilities; with strong communications and interpersonal skills.”

Hutton is a Fellow of the Institute of Chartered Accountants, and has experience in professional development and education, including setting up entry educational requirements for chartered accountants.

“This is ideal, given the focus the institute has on developing its professional development and education pathways,” Hassan says.

Hutton has masters degrees in commerce and public policy, and his career includes 16 years at the Audit Office; senior positions at Government Life (now Tower) and the Accident Compensation Corporation; five years with the IMF in Washington; and eight and a half years as ceo of Public Trust.

Since leaving Public Trust late in 2001, Hutton has worked as a consultant with appointments covering strategy, product pricing, difficult operational decisions, governance, ceo performance management, and the selection of directors. He has also consulted for Pacific Island countries on state-owned enterprise financial management, budgeting and project management.

Hutton takes over from interim ceo Ross Butler in November. It is expected Butler will resume his position as an independent director on the board.

Hopefully communications will improve
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