Heather Roy to step down after four-and-a-half years

Financial Advice New Zealand has appointed a new independent chairperson as Heather Roy prepares to leave the role on July 1.
“Leading the board of Financial Advice New Zealand over the last four years, seeing it grow and flourish and more recently working to strengthen our Constitution, has been a privilege,” said Roy, who has led the board for over four and a half years.
“It is now time for me to pass the baton to someone I know is going to take the association through its next phase.”
Tiumalu Peter Fa’afiu steps into leadership role
Tiumalu Peter Fa’afiu (pictured), who has served two years on the board and brings a strong consumer perspective, has been named as the new independent chair.
“Peter’s time on the board has given him the experience and understanding of the particular nuances of the financial advice sector to lead the board into a new era,” Roy said. “I wish him, the board, and the professional association every success in the future.”
Fa’afiu is a former diplomat, lawyer, and business leader with extensive governance experience across corporate, not-for-profit and international sectors. He is currently managing director of Navigator and serves on several boards, including Habitat for Humanity New Zealand and Counties Energy. He is also a former chair of Amnesty International New Zealand and has been a member of the Asia New Zealand Foundation and Pacific Cooperation Foundation.
Championing access to advice for all Kiwis
Fa’afiu said he was honoured to take on the leadership role and will focus on continuing the association’s strategic momentum.
“I want to thank Heather for her steady leadership and for her passion for financial advice,” he said.
“I look forward to continuing to work with the board and support our CEO Nick Hakes and his team in executing our strategic plan and strengthen our position in the community as an adviser-driven, high-engagement professional body.”
Looking to the future, Fa’afiu said: “Now is a perfect time for building new pathways for Kiwis to obtain financial advice to help manage their financial wellbeing now and in the future.”