Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Fonterra Senior Corporate Treasury Appointments

Fonterra Announces Senior Corporate Treasury Appointments

Mary-Jane Daly has been appointed Group Treasurer and Mark Aldridge Deputy Group Treasurer for Fonterra Co-operative Group Ltd, Group Controller, Bryce Houghton, announced today.

Mr Houghton said that the two appointments would create strong leadership for the treasury team which is responsible for managing the company's cash flow and debt portfolio, including the associated risks. "With Mary-Jane's breadth of international experience in corporate banking and capital markets and Mark's depth of in-house treasury expertise, Fonterra has secured an outstanding team to spearhead its corporate treasury function. "

Most recently, Ms Daly was Director, New Zealand, Global Industry Group at the Bank of New Zealand. As part of this role she was responsible for the Bank's key corporate relationships, including the dairy sector. Prior to that, Ms Daly spent nine years in London in a range of senior finance roles with National Australia Bank and Toronto-Dominion Bank. Her extensive financing background includes experience in treasury, capital markets, vanilla and structured debt; and cash management and international banking.

Mr Aldridge joins Fonterra from Carter Holt Harvey where he has worked for the past three years as Manager Treasury Risk, Corporate Treasury. He previously spent six years with ECNZ in senior corporate treasury and dealing positions and worked with National Australia Bank for several years in a variety of dealing and funding roles

The Group Treasury function reports to Mr Houghton. Ms Daly takes up her appointment on April 22 and Mr Aldridge on May 1. They will be based at the Fonterra Corporate Centre in Auckland.

END


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Voluntary Administration: Renaissance Brewing Up For Sale

Renaissance Brewing, the first local company to raise capital through equity crowdfunding, is up for sale after cash flow woes and product management issues led to the appointment of voluntary administrators. More>>

Elsewhere:

Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>

ALSO:

Media Mega Merger: Full Steam Ahead For Appeal

New Zealand's two largest news publishers have confirmed they are committed to pursuing their appeal against the Commerce Commission's rejection of the proposal to merge their operations. More>>

Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>

ALSO:

Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>