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

 


New CEO For New Zealand Stock Exchange

23 April 2002

The New Zealand Stock Exchange has appointed Mark Weldon as its new Chief Executive Officer.

A New Zealander, Mr Weldon (34) has spent the past nine years in New York, where he is currently Senior Engagement Manager at McKinsey & Company as senior adviser to CEOs, CFOs and business heads of several large public and private organisations.

He was previously an attorney with a leading New York law firm Skadden, Arps, Slate, Meagher & Flom LLP. He completed his Doctorate in Jurisprudence at the Columbia University School of Law, New York, in 1997, following a Masters degree (1st Class Honours) in Economics and Bachelor degrees in Commerce and Arts from the University of Auckland.

Mr Weldon has expertise in stock exchange strategy and market structure, institutional sales, trading and asset management, corporate strategy, corporate finance, mergers and acquisitions, and securities, corporate and international law.

Chairman of the New Zealand Stock Exchange, Simon Allen, said Mr Weldon was an outstanding New Zealander who will lead the Exchange through a significant period of advancement.

“The New Zealand Stock Exchange has achieved outstanding operational efficiencies,” said Mr Allen. “This coming period will see strategic initiatives designed to grow a vibrant capital market that is essential for the growth of the New Zealand economy.”

Recent new appointments to the Board of the Stock Exchange, and programmes to demutualise and review the rules and regulations of the Exchange, were examples of the initiatives being taken to enhance New Zealand capital markets.

Mr Weldon said that he was delighted to accept a leadership role in the New Zealand capital markets. “I am very positive about New Zealand’s attributes as a country in a long term global scenario. Our equity and debt markets need to be dynamic contributors to both the domestic and international growth of New Zealand.

“I am returning to New Zealand feeling I have had the best experience in the world, and I am ready to apply these skills in the evolving New Zealand market.”

Mr Weldon is an Olympic swimmer, having competed for New Zealand at the 1992 Barcelona Olympic Games and the 1990 Auckland Commonwealth Games.

He will commence his position in Wellington on June 4

Ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>

Earlier:

Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>

ALSO:

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

ALSO:

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news