Chair/ Deputy Chair for the Financial Services Federation

Tuesday 27 September 2011

New Chair and Deputy Chair for the Financial Services Federation

The Financial Services Federation, the industry body for the non-bank finance sector, has appointed Rob Zubielevitch, Director, Sales and Business Development for GE Capital, as its Chair, replacing Girol Karacaoglu Chief Executive of PSIS. Richard de Lautour, Chief Executive, Instant Finance, has been appointed Deputy Chair.

“Rob and Richard have both had extensive careers in the financial services industry in New Zealand. They are longstanding members of the executive and have been strong supporters of initiatives by the Federation to promote a healthy non-bank finance sector, such as the Responsible Lending Guidelines,” said Kirk Hope, Executive Director of the Financial Services Federation.

Mr. Zubielevitch commenced his finance career in 1973 with AGC Finance, which was subsequently purchased by GE Consumer Finance in 2002. He has held a range of positions within GE and also worked in Europe as Deputy Managing Director of an AGC subsidiary leasing company. He is a director of GE Finance and Insurance New Zealand and was previously Deputy Chair of the Financial Services Federation from 2008 to 2011.

Mr. de Lautour was appointed Chief Executive of Instant Finance in January 2003, having completed 20 years service with Allied Finance where he was General Manager. Under his stewardship Allied grew from $400,000 in total assets in 1982 to $173 million in June 2000 prior to its subsequent amalgamation with Marac Finance Limited. He served on the executive committee of the Financial Services Federation from 1993 to 1999 and was Chair from 1999 to 2002.

ENDS

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