SFO gets top ASIC litigator as new boss

Wednesday 11th September 2013

The new head of the New Zealand Serious Fraud Office is an Australian, Julie Read, currently Special Counsel (Litigation) at the Australian Securities and Exchange Commission.

After a decade at ASIC, the Australian equivalent of the Financial Markets Authority, Read will move from her current base in Tasmania, where she has also been the ASIC state commissioner since 2002, to Auckland, where the 50-strong SFO is headquartered.

Read "is a senior public servant with significant experience at executive level managing work very similar to that of the SFO," the head of the State Services Commission Ian Rennie says in a statement.

"She has a track record of building and maintaining effective relationships with stakeholders and colleague agencies, while discharging her statutory role in complex and challenging investigations and prosecutions," he said.

The SFO and is responsible for detecting, investigating and prosecuting serious and complex financial crime, bribery and corruption. Read has been appointed for a term of three years and will take up her role on Oct. 21.

BusinessDesk.co.nz

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