INFINZ is the member based industry body for professionals working and participating in New Zealand's wholesale finance and capital markets.
Our purpose is to enhance the New Zealand Capital Markets and the Capability of our Members.
INFINZ has been established to promote the quality and standing of both the industry and its participants and to represent and advocate on behalf of its members to legislators, regulators and policy-makers, government and other professional/industry bodies.
INFINZ seeks to have its members recognised in New Zealand and internationally for their honesty, integrity and skill. INFINZ works for the benefit of the broader community of users of the finance and capital markets. In so doing INFINZ seeks to ensure the New Zealand wholesale finance and capital markets are relevant, efficient, well run and attractive to domestic and international investors and market participants.
Our authority and influence to comment on all matters and issues relating to New Zealand's finance and capital markets to the appropriate authority.
Our ability to take a leading role in working with government, business and industry groups, regulators and policy-makers to advocate for improved and best practice laws and regulations in respect of New Zealand's finance and capital markets.
Our willingness to require our members to commit to our Code of Ethics and Standards of Professional Conduct and our commitment to a strong Disciplinary process.
The high quality of our events, functions and conferences which offer formal and informal professional development and learning opportunities.
Our willingness to actively engage with education providers to ensure the appropriateness of the standards and content of academic qualifications applicable to the industry.
INFINZ (the Institute of Finance Professionals NZ Inc.) was formed from the merger of the NZ Society of Investment Analysts Inc. (NZSIA) and the NZ Society of Corporate Treasurers (NZSCT) on 9 May 2002.
1976 (3 December) NZSIA incorporated, with the first stated object being “to maintain, improve and develop standards of the Securities Industry”
1979 (March) first issue of the NZSIA journal, the forerunner of the INFINZ Journal
1982 (December) Best Corporate Communicator Award inaugurated (announced at the Society’s AGM) – the forerunner of the INFINZ Awards program
1988 (19 May) the NZSCT was formed, the stimulus being the floating of the N.Z. dollar in March 1985, creating risks, then unfamiliar to corporate treasurers
2002 (9 May) INFINZ formed from merger of NZSIA and NZSCT with almost 600 members
The stated vision at the time: “The heart of INFINZ is a focus upon the financial and capital markets of New Zealand. INFINZ is therefore intended as an industry body rather than the two career focused bodies it will replace. This industry focus allows a broader involvement by more participants than previously allowed by the two existing bodies. This broader involvement means that INFINZ can address the quality and standing of both the industry and its participants by being a more powerful and influential body.”
2010 (May) INFINZ Awards Dinner attended by a then record 514 guests, The Minister of Commerce Simon Power makes several important announcements on the reform of NZ’s securities market legislation including the establishment of the Financial Markets Authority.
2013 (March) 700 members
2013 Young Finance Professionals Group launched
2015 (August) 1000 members
2016 (September) 1300 members
2016 half of membership under 40 (20% in 2012)
2016 (May) the first Distinguished Fellowship was awarded to Sir John Anderson at the INFINZ Awards Dinner, attended by over 800 guests
2016 (November) INFINZ Conference – over 400 registrants (2011: 200)
To help create a more prosperous New Zealand by improving the capability and effectiveness of the New Zealand capital markets and our members within them
Keep increasing the value provided to an expanding membership base
Achieved by engaging with members in ways relevant to who they are, where they are and what they do
Delivered through an independent collegial network of financial markets professionals
We will offer two grants towards a master's research topic of relevance to New Zealand's financial markets. Engagement with universities includes, for example, joint events with VUW and AUT.
We have established an Emerging Leaders Programme to address the needs of members in their late 20s/mid 30s and specifically with respect to their leadership aspirations.
INFINZ wishes to increase the relevance of its offering to those operating in the mid-market and to offer more activities outside Auckland and Wellington.
This platform enables the delivery of initiatives within the other three focus areas. A LinkedIn group has been established for financial members and MailChimp has been used to monitor the effectiveness of our communications.
Chief Financial Officer - Construction Division
Head of Research
New Zealand Local Government Funding Agency
Commonwealth Bank of Australia
Head of External Investments & Partnerships
Guardians of New Zealand Superannuation
Executive Director, Head of Financial Markets
Westpac Institutional Bank
Head of Capital Markets & Tax
Richard Milsom - First Director (non-voting)
Elevation Capital Management
The Board of INFINZ is indicative of the breadth of skill and experience within the membership of the Institute. It currently represents every aspect of the capital and financial markets of New Zealand. The Board is elected for a term of two years to ensure continuity of governance.
Equally of note are the INFINZ Fellows, members who have at least ten years relevant industry experience, have been in senior positions or senior executive positiosn for at least five years and whom have made a significant and valuable contribution to the industry.
INFINZ Distinguished Fellows:
Sir John Anderson
Mary Jane Daly
Scott St John
The INFINZ Secretariat has two professional staff: Jim McElwain (Executive Director) and Iona Gibbs (Administration Manager).
Managing Director, Shareclarity
ELG & YFP
Principal, Elevation Capital
Analyst, BT Funds Management (Westpac NZ)
YFP - Auckland Chair
FX Dealer, ANZ
YFP - Auckland
Law Clerk, Chapman Tripp
YFP - Auckland
Corporate Finance Analyst, PwC
YFP - Auckland
Consultancy Associate, ASB
YFP - Wellington
Senior Associate, FNZC
YFP - Wellington Chair
Solicitor, NZX Limited
YFP - Wellington
Commercial & Procurement Advisor, The Treasury
Jim McElwain joined INFINZ 16th January 2012 following a long career in the public and private sectors. Jim has undertaken a variety of advisory roles in Treasury, Southpac Corporation, PricewaterhouseCoopers, Ernst & Young and, more recently, Taylor Duignan Barry Limited and his own business, McElwain Consulting Limited.Jim is passionate about wholesale financial and capital markets and is excited about the opportunities ahead for INFINZ. Jim also has a strong personal interest in advocacy in the finance industry. In addition to being a Certified member of INFINZ and a former Board representative, he holds a Bachelor of Commerce and Administration (Hons) from Victoria University.