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FMA completes strategic leadership team with two further appointments

Media Release
7 December 2011

The Financial Markets Authority has completed the recruitment of its strategic leadership team with two further appointments reporting to Chief Executive Sean Hughes.

The new roles and appointees are:

Belinda Moffat, Head of Enforcement

Ms Moffat brings considerable experience of litigation from her career in legal private practice. She is currently Head of Dispute Resolution at Westpac New Zealand, overseeing a team responsible for all non-lending loss litigation. She was previously a Litigation Senior Associate at Buddle Findlay in New Zealand and gained litigation experience in roles at the law firms Ashurst and Addleshaw Goddard in London.

Her new role will be to develop and lead FMA's investigation, forensic accounting and litigation capability. Mr Hughes paid tribute to the Acting Head of Enforcement, Nick Williams, who is on secondment from Meredith Connell, for his contributions to FMA's outcomes over the past months. Ms Moffat commences at FMA in early 2012.

Adam Hunt, Head of Strategic Intelligence

Adam Hunt is currently Director of Tax Solutions and Strategy at Oracle Corporation, where he has worked since October 2010. He was previously Assurance Manager, Strategic Compliance Risk (Intelligence) at Inland Revenue and has held positions in information services, business solutions and business systems at Turners & Growers, Gen-I Limited, and New Zealand Post.

Mr Hunt's new role will be to build and lead FMA's intelligence and knowledge management activities. It will involve building capability, systems and relationships to ensure FMA has accurate and up-to-the-minute knowledge of the market, both from the global/macro and micro perspectives. His start date is 16 January.

Both roles will be at FMA's Auckland office.

Mr Hughes said Mr Hunt and Ms Moffat's appointments completed a highly skilled leadership team with a considerable depth of experience and expertise.

"The Board and I are delighted Belinda and Adam are joining the team. Clearly our strategic capabilities are key, enabling us to identify systemic risks ahead of time and act accordingly. In the enforcement space we have inherited a heavy historical caseload in the shape of finance company investigations. We are looking to use our resources wisely, efficiently and with maximum impact. "

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