Financial Advice NZ names new CEO

He returns to New Zealand after an extensive career across APAC

Financial Advice NZ names new CEO

Insurance News

By Kenneth Araullo

Financial Advice New Zealand has announced the appointment of Nick Hakes (pictured above) as its new chief executive officer, effective from Feb. 26.

Hakes, who is returning to New Zealand after an extensive career in Asia Pacific, most recently held the position of director of market development Asia at Kaplan Professional in Singapore. His previous experience includes a significant tenure at the Financial Advice Association Australia (AFA) in Sydney, where he served as general manager, member services, partnerships, and campus AFA.

Hakes' background is marked by leadership roles in various organisations. He has served on the board of Pro Bono Financial Advice Network, facilitating the provision of pro bono financial advice to those experiencing personal health crises.

Additionally, he was the vice chair on the International Certification & Standards Board of the Asia Pacific Financial Services Association (APFinSA), overseeing the professional certifications and education pathways for adviser designations in the region.

“The board is delighted to appoint Nick Hakes as the chief executive officer of Financial Advice New Zealand and looks forward to working closely with him,” FANZ board chair Heather Roy said. “Nick understands the value of the collective voice of financial advisers and brings a wealth of international experience and expertise within the wealth management and financial advice industry, with an extensive background in building strategic partnerships, adviser-focused professional development frameworks, and membership growth for professional adviser bodies.”

“I’d like to acknowledge the strong platform of advocacy established by the board and team of Financial Advice New Zealand in successfully bringing the insurance, mortgage, investment, and financial planning advice communities together,” Hakes said. “As we look to the future to grow the demand for quality financial advice, I look forward to meeting, listening, and engaging with our members and the broader advice industry at our THRIVE conference in March.”

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