FMA appoints board member

Commerce Minister Jacqui Dean has revealed a new Financial Markets Authority appointment.

Tuesday, June 20th 2017, 9:14AM

She said Elizabeth Longworth had been appointed for a three-year board term.

Longworth is a lawyer with more than 20 years' experience, including as in-house counsel at the Reserve Bank. She was also a sector director at Industry New Zealand, which is now New Zealand Trade and Enterprise.

Since 2003, she has been with the United Nations, including a role as executive director of UNESCO.

Dean said Longworth would bring strong international policy and regulatory experience as well as valuable governance and legal expertise.

“I would like to acknowledge and thank outgoing board member Shelley Cave. Ms Cave has been a member since 2011 and has provided invaluable legal and regulatory expertise to the board," she said.

Longworth has held a range of governance roles, including chair of the interagency United Nations High Level Programme Committee on Disaster Risk Reduction and Resilience; member of the International Olympic Committee Commission on Education and Culture; chair of the International Experts Committee that produced the UN Recommendation on Access to Cyberspace; independent chair of the ESR Ethics Committee and Telecommunications Number Administration Body.

Tags: FMA Reserve Bank