FSDA Board of Directors

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Cook Islands FSDA Board

The Board of Directors of the FSDA is appointed pursuant to the Financial Services Development Act 2009. The Board is currently comprised of:

Garth Henderson

Garth Henderson is the Financial Secretary for the Cook Islands Ministry of Financial and Economic Management. The Ministry is the central public finance management Ministry and is responsible for advising the Government on financial and economic issues as well as revenue and aid management, Treasury, the Budget and statistics.

Puai Wichman

Puai has been involved in the Cook Islands financial services industry for over 21 years with his area of expertise firmly focused on asset protection and the provision of international wealth preservation services. He is currently the Managing Director of Ora Fiduciary (Cook Islands) Limited, a registered trustee company in the Cook Islands regulated by the Financial Supervisory Commission. Prior to founding Ora Fiduciary, he spent a number of years working in very diverse areas of the offshore financial services sector, including banking, insurance, and sophisticated cross border structuring. He has previously been employed as legal counsel with Bermuda Trust (Cook Islands) Limited (now HSBC Trustees (Cook Islands) Limited) and has worked with other fiduciary service companies out of the Cook Islands.

Gerard Field

Gerard was appointed to the Board in April 2019 representing the Cook Islands Bankers’ Association. He is the Chief Executive Officer of Capital Security Bank and has over 26 years’ experience in banking, treasury management and debt raising in international markets. Gerard’s banking career has included over 21 years with HSBC, New Zealand Branch with his last position being the Head of Global Markets and Financial Institutions, NZ. He was a member of the Executive Committee reporting to the CEO and responsible for Treasury Funding and Liquidity, Treasury Sales (Foreign Exchange and Interest products), Financial Institutions and Sub-Custodian businesses for the Branch. Prior to this Gerard was Head of Debt Capital markets for HSBC originating wholesale bond issues for clients domestically and internationally, arranging syndicated loans and specialised funding. Gerard is a chartered accountant and Member of Institution of Finance Professionals New Zealand.

About Us

Stability. Innovation. Service: World Leaders in Wealth Protection


  • P.O. Box 3255,
    Clarkes Building, Parekura, 
    Rarotonga, Cook Islands
  • Phone: +(682) 21-175
  • Email: enquiry@fsda.gov.ck