Former AFA Chief Steps Down from Key NZ Role


The CEO of New Zealand’s Financial Services Council Richard Klipin, who was also the inaugural CEO of the Association of Financial Advisers, has resigned from his high-profile role.

Klipin, who headed the AFA from 2006 to 2013, has spent the last seven years leading FSC NZ, and will remain in his current role while its board searches for his replacement.

Richard Klipin

FSC NZ Chair, Rob Flannagan, thanked Klipin for his leadership of the council and the wider financial services sector.

He says that under Klipin’s leadership the council has developed from a small organisation of 29 members to one that now has 119 and is “…living its purpose as the clear voice of the financial services sector and growing the financial confidence and wellbeing of New Zealanders.”

Klipin says that leaving the FSC “…has been a huge decision, however the time is right to hand on the leadership baton.”

He adds it has been a privilege to serve as the FSC’s CEO.