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Finsia appoints Westpac risk boss as President

Westpac Group Head of Operational Risk and Compliance Chris van Aanholt has been elected President of the Financial Services Institute of Australasia (Finsia).

He succeeds Michael Shepherd, whose two-year term has expired.

Mr van Aanholt says he will concentrate on delivering professional services, strengthening policy and advocacy programs and developing career services for Finsia members.

He has also pledged to address “greater workforce participation, particularly among women and professional retirees”.

Mr van Aanholt joined Finsia’s board three years ago and has been Vice President since 2006.

Finsia was formed in 2005 from the merger of the Securities Institute of Australia and the Australasian Institute of Banking and Finance. It has almost 20,000 members in the financial services industry.