Anglican Financial Care (AFC) recently announced the appointment of Margaret Bearsley as Chief Executive. Margaret is expected to take up the Chief Executive Role on 13 September 2021.

Margaret will be succeeding Mark Wilcox, who has served as Chief Executive at AFC for almost eight years.

Margaret is an experienced senior executive and Chief Executive with a strong record in her legal and regulatory roles. This includes many years at the Takeovers Panel which regularly engaged with financial services and capital markets issues.

In addition to this experience, she has led the Corporate Secretariat of the Accident Compensation Corporation. This gave her exposure to the ACC Investment Committee which oversees ACC’s $52 billion fund.

Dean Lawrence Kimberley, Chair of AFC, said: ‘Margaret is a well-respected and proven Chief Executive who has a strong track record delivering strategic and operational progress, while developing a culture focused on care and service. I am confident she will have the same focus for our members.

‘She is also a committed member of the Catholic Church which is demonstrated by her original degree being in Theology from Holy Cross College and Otago University, and she is continuing to maintain her theological reading.

‘Her legal studies at Waikato University had a strong focus on Te Tiriti and she is continuing to deepen her understanding of Māori spirituality. I am excited that Margaret will be leading the AFC team.

‘I would also like to thank Mark Wilcox for his outstanding contribution to AFC over the last eight years. Mark joined us in 2013 and has led the organisation through a period of significant change developing a strong commercial discipline during which funds under management have grown by 50% and organisational capacity and capability have been significantly enhanced. Mark is committed to leading AFC until Margaret takes up the position.’

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