Strengthened NZ operations with new Auckld office

For immediate release - 16 March 2007

Finsia strengthens NZ operations with the opening of its new Auckland office

Finsia – the Financial Services Institute of Australasia – officially opened its new Auckland office last night (Thursday 15 March 2007). The new facilities located at Level 10, 57 Fort Street, Auckland will enable Finsia to build a much stronger base throughout New Zealand, reaffirming its status as the largest financial services professional institute on both sides of the Tasman.

Brian Salter, Chief Executive Officer, Finsia, said, “The new Auckland office is designed to expand our local operations, supporting our staff in both Auckland and Wellington, and better equipping us to serve our members and students throughout New Zealand.”

The Auckland office opening also coincided with Finsia’s inaugural NZ Council Meeting. Chaired by Richard Dean SF Fin, the Council’s charter is to provide guidance in building our professional development agenda, member services and education programs.

Finsia was originally formed in June 2005 through the merging of the Australasian Institute of Banking and Finance (AIBF) and the Securities Institute of Australia. Today Finsia has a global network of 20,000 professional members and over 15,000 students worldwide.

Locally Finsia represents more than 1,000 NZ members from all facets of the financial services industry. Over the next 12 months Finsia’s key focus will be on building this membership base even further. Plans are underway to introduce a range of new professional development and networking events, tailored education programs and expanded membership services.

Finsia will also build on its influential role in industry policy and advocacy, representing the views of its members to key stakeholders and government bodies. In June Finsia will continue its ‘Government Speaks’ series of events with industry leaders and politicians presenting their views on industry trends and key policy, regulatory, and legislative changes.

Mr Salter added, “Finsia’s new Auckland office represents our long-term commitment to career professionals and the broader financial services community in the New Zealand market. Our industry is in the midst of a new phase of growth and change and our future looks extremely bright.”

ENDS

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