Simon McArley, currently head of the Serious Fraud Office’s financial markets and corporate fraud team, is stepping up to become acting SFO CEO and director, says State Services Commissioner Iain Rennie.
McArley replaces Adam Feeley, who finishes as SFO CEO today. Rennie said advertising for a permanent SFO CEO was likely in the New Year. See a Double Shot interview with McArley here.
McArley has led the SFO's financial markets and corporate fraud team since July 2010, which has run the investigations and prosecutions of failed finance companies. A lawyer by profession, McArley has previously worked for both the Securities Commission and NZX.
Rennie said Feeley, who is leaving to become CEO of the Queenstown Lakes District Council, had effectively transformed the SFO and put clear performance measures in place during a period of record workload for the organisation.
“He (Feeley) has reaffirmed public confidence in the SFO by successfully prosecuting high profile cases and forging constructive relationships with other agencies in the law enforcement area,” Rennie said.