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Jenny Shipley joins ISI board

The Investment Savings and Insurance Association (ISI) has appointed former Prime Minister Jenny Shipley as an independent director of the ISI board.

Tuesday, September 22nd 2009, 4:45PM

Shipley brings to the role a wealth of knowledge of public policy related to superannuation, savings and investment. Her current directorships, international experience and strategic leadership focus will be invaluable to ISI going forward.

The ISI's restructure of its board and the appointment of Shipley are key elements of the new focus and drive of the ISI.

"ISI has undertaken a major review of its position in the financial markets, its operations and its processes, to identify areas of focus and improvement. We recognise that improving confidence and trust, investor experience and financial literacy is important for NZ's economic future. ISI is committed to working constructively with Government and Officials on these key strategic areas of policy and any associated regulatory improvements," says chairman Sean Carroll.

"We recognise now more than ever that we need to be clearer and more direct in our messaging. It is our intention that ISI will have a strong public profile on key savings-related and life insurance issues in the future and will work closely with other key players in the sector, with the objective of deepening the savings base in New Zealand."

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