The NZFMA Board of Directors is made up of the Heads of Markets of the Association’s Financial Markets Member banks. Also on the Board as observers are the Head of Financial Markets of the Reserve Bank of New Zealand and the Head of Portfolio Management of the NZ Debt Management Office. The Board meets regularly to identify issues relating to the New Zealand markets, review market initiatives, develop strategic policy, monitor changes to the regulatory environment and manage the Association’s affairs.
The Board appoints member representatives with specialist knowledge to sit on a number of policy committees and industry working groups that share and develop market ideas and strategies to enhance the New Zealand financial markets. These Committees and Working Groups provide stakeholders with active input into the operations of the wholesale markets.