Latest news with #RobEverett
National Business Review
30-04-2025
- Business
- National Business Review
Rob Everett to chair Simplicity's board
Fund manager and KiwiSaver provider Simplicity has appointed former Financial Markets Authority and NZ Growth Capital Partners head Rob Everett to its board. His appointment is effective from today, and he will become the company's independent chair from July 1, replacing incumbent Joy Marslin,
Scoop
30-04-2025
- Business
- Scoop
Rob Everett, Former FMA And NZ Growth Capital Partners Head, Joins Simplicity
Press Release – Simplicity Rob Everett was Chief Executive of the FMA for seven years and Chief Executive of NZGCP from early 2022 until this year. He qualified as a lawyer with international law firm Allen and Overy in London, before spending 18 years with investment bank … Simplicity, the default KiwiSaver and Investment Fund manager, announced today that Rob Everett, the former Chief Executive of the Financial Markets Authority (FMA) and NZ Growth Capital Partners (NZGCP), will be joining the Board of Simplicity on 1 May and will become independent Chair from 1 July. Rob will be replacing Joy Marslin, who has been Board Chair since 2016. 'We're delighted to have someone of Rob's calibre join our mission to give Kiwis more dignity in retirement,' said Joy Marslin, current Chair of Simplicity. 'He has significant depth and breadth of industry experience and is a proven performer in both the FMA and NZGCP roles. The Board and team couldn't be happier that he's joined Simplicity,' said Ms Marslin. Rob was Chief Executive of the FMA for seven years and Chief Executive of NZGCP from early 2022 until this year. He qualified as a lawyer with international law firm Allen and Overy in London, before spending 18 years with investment bank Merrill Lynch in London, New York and Hong Kong. He holds a Bachelor of Arts (Hons) and Master of Arts in Law from Cambridge University. Rob commented 'I have so much admiration for what Sam, Joy and the Simplicity team have achieved so far. I'm thrilled to be joining such a high quality board and I'm inspired at the prospect of building out the role that Simplicity plays in serving New Zealanders.' 'After almost 9 years as Chair, we're sorry to see Joy leave a role she has mastered. But we couldn't be happier that Rob is joining us,' said Sam Stubbs, Managing Director of Simplicity. 'He was our number one pick for the role,' he said. 'He's a keen supporter of the English rugby team, so we will have to do something about that, but in all other respects he's an awesome fit for a business that wants to be the big disruptor,' said Mr Stubbs.
RNZ News
30-04-2025
- Business
- RNZ News
Rob Everett to chair non-profit Kiwisaver provider Simplicity
Rob Everett with former Reserve Bank Governor Adrian Orr. Photo: RNZ/Gyles Beckford Former leading finance market regulator Rob Everett is to chair non-profit Kiwisaver provider Simplicity. Everett headed the Financial Markets Authority for seven years before leaving in 2021 to lead the venture capital group NZ Growth Capital Partners, which he left earlier this year. He said Simplicity's growth and broad, social approach to Kiwisaver investing are what appealed. "They've been challenging the incumbents, and I like the relentless focus on customers and I just felt that they were at a relatively mature stage given how quickly they've grown and it was a great opportunity to help them move on to the next stage." Everett will replace Joy Marslin, who has been board chair since 2016. Marslin said that Simplicity was delighted to have someone of Everett's calibre join the team. "He has significant depth and breadth of industry experience and is a proven performer in both the FMA and NZGCP roles. The board and team couldn't be happier that he's joined Simplicity." Simplicity managing director Sam Stubbs said Everett was the number one pick for the role. "He's an awesome fit for a business that wants to be the big disruptor." Everett spent 17 years with global investment bank Merrill Lynch, before coming the second chief executive of the Financial Markets Authority. "In my old gig in the FMA I spent I issued challenges to the (Kiwisaver) industry about doing more and I think by joining Simplicity it shows that's what I want the industry to be providing better products and better value for consumers." "I think Simplicity is a lighter shade of the private sector because it is a not-for-profit and it is trying to have a social impact as well, so that's what's really floats my boat." Former Commerce Minister Andrew Bayly mooted changing Kiwisaver investment rules to allow funds to invest in local private assets. Everett said any changes would need to be balanced between keeping Kiwisaver simple and accessible with allowing the growing investment funds to be used to help the economy grow through investment. "But you always need to recognise that you owe returns to investors but I am interested in the current discussions about how Kiwisaver can be broadened out and made more flexible without overcomplicating it."
