Boyle, group manager of investor education at the Commission for Financial Capability, said the pair had both served six years and while they had been given the opportunity to extend the term, decided it was a good time to refresh the board.
WSNZ recently appointed Owen Gill as its executive director. Gill is also at the helm of the embattled Financial Services Council, following the resignation of Peter Neilson.
Boyle had said previously he hoped there would be an opportunity for the two organisations to work together. He said he was pleased to be leaving the organisation at a point where that looked possible.
Boyle said he would continue to work with WSNZ in his role at the commission.
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