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Brown quits FMA role

The Financial Markets Authority’s head of strategy, innovation and engagement is leaving to become a partner at a Wellington law firm.

Wednesday, May 7th 2014, 12:53PM

Sue Brown had been rumoured to be in line for the chief executive role at the FMA, recently filled by Rob Everett.

It was announced today that from July 1, she will become a partner at DLA Phillips Fox’s Wellington office.

She will provide expert advice on corporate, regulatory and government issues.

“In New Zealand, I’ll focus on helping clients find solutions to challenges they face in the financial markets, regulatory and government sectors, deepen the alignment of the firm with DLA Piper, promote the strategic growth of the Wellington office and assist in developing depth and expertise across the team,” she said.

Everett said the FMA was sorry to see her go. “But we look forward to her continued leadership and influence in the development of our markets at DLA Phillips Fox.”

Andrew Darwin, country managing partner, Australia, and international chief operating officer of DLA Piper said: “We are excited that a senior executive of the calibre of Sue Brown is joining to advance the firm’s capability in an area of great significance to clients, both regionally and globally. She will play an important role in developing our transtasman and regional financial services practice.”

Brown qualified in law in Britain. She has been admitted as a solicitor in New Zealand, Australia, England and Wales.

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