FMA appoints executive director, response and enforcement

The Financial Markets Authority – Te Mana Tātai Hokohoko – has appointed Louise Unger to join its executive leadership team as executive director for response and enforcement.

The authority says that Unger joins the FMA from the Commerce Commission, where she is the general manager of the credit branch leading the team that regulates the Credit Contracts and Consumer Finance Act, as well as a member of the senior leadership team.

Prior to joining the commission, she specialised in risk and compliance at Lawyers on Demand NZ, an international law firm.

Louise Unger

The FMA says she has significant expertise providing legal, risk and compliance services to a range of New Zealand and international organisations, including banks, telecommunications and electricity companies.

It notes she brings particular strength in the financial services industry, having led legal and risk teams at Bank of New Zealand across a period of 12 years.

Samantha Barrass, FMA Chief Executive, says the FMA had conducted an extensive search for this role, including internationally.

Unger is expected to start with the FMA in Auckland in June.

 

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