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Media Release - Banking Ombudsman Scheme appoints new Chair
MEDIA RELEASE
BANKING OMBUDSMAN SCHEME APPOINTS NEW CHAIR
The Board of the Banking Ombudsman Scheme (BOS) has pleasure in announcing the appointment of Professor Ron Paterson, of the University of Auckland as the new independent Chair of the BOS effective from 1 July 2010.
Professor Paterson will take the place of Sir Ian Barker QC who has served in the role since 1997.
Professor Paterson comes to this position after ten years as Health and Disability Commissioner, a position he discharged with great distinction. He is now a Professor of Law at the University of Auckland. He has also had experience in practising and teaching commercial law.
Professor Paterson will bring to the BOS his experience not only in dispute resolution but in dealing with change. This is a particular advantage in the current environment, as under the Financial Service Providers Act, all financial service providers must join an approved dispute resolution scheme by 1 December this year.
The BOS, established in 1992, has become a leader of industry-based dispute resolution schemes. Professor Paterson is well-qualified to guide the Scheme into the changing landscape for financial dispute providers.
MEDIA CONTACT:
Deborah Battell
Banking Ombudsman
0800 805 950
021 0206 1222