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


Roger Kerr On Board For Rifleman Finance Group

15 June 2006

Roger Kerr On Board For Rifleman Finance Group

Prominent New Zealand business leader and financial risk management specialist Roger Kerr has been appointed to the Board of the recently launched Rifleman Finance Group as an independent director.

Backed by a wholesale co-investment funding arrangement with Fortress – the Sydney based affiliate of the New York fund manager with some Twenty One Billion US dollars under management – Rifleman is a finance company with a robust management team offering both senior and mezzanine debt in the property development industry.

Managing Director, Murray Greer, says he is delighted to have Mr Kerr on board because his wealth of merchant and investment banking experience – together with his overall business and risk management expertise – will prove invaluable in establishing Rifleman as an industry leader.

“A robust and highly skilled management team is an important point of difference for Rifleman, giving the company the knowledge and the ability to deal with any property development funding requirement – with that ability comes competitive advantage.

“We have assembled some of New Zealand’s best business and property finance executives to take us forward. The experience of these people will ensure our success and Roger’s appointment strengthens our offering.

“He is one of New Zealand’s leading professional advisers and commentators on local/international financial markets, and with the backing of that kind of knowledge we can only succeed,” said Mr Greer.

Mr Kerr said he was confident of Rifleman’s success.

“I have every confidence that Rifleman, with their depth of experience and industry knowledge – and with the co-investment arrangement with the Sydney affiliate of Fortress Investment Group – will succeed in this competitive environment.

“Rifleman has a very sound point of difference – founded on quality management experience, a personal, relationship driven approach to clients and an appropriate risk management system,” said Mr Kerr.

On top of his 25 years merchant and investment banking experience, Mr Kerr has specialised since 1987 in providing independent financial risk/treasury management advice to large corporate borrowers and companies with foreign exchange risk.

Mr Kerr is a director and one third shareholder in Asia-Pacific Risk Management Limited. His other governance and directorship roles include:

* Chairman of funds management company Trust Investments Management Ltd;
* Board Chairman of INFINZ;
* Board member of the National Provident Fund; and
* Advisory Board Member of the NZ Government’s Debt Management Office.

Mr Kerr’s track record includes establishing merchant bank, Bancorp’s Treasury Advisory Services, in 1987 and building the business to a team of seven advisers in Australia and New Zealand and 120 retained clients by 1998.

In October 1998 he joined Deutsche Bank AG to head up the Risk Management Advisory team based in Auckland. In January 2001 Mr Kerr and partner Stuart
Henderson purchased Deutsche Risk Management Advisory Limited from Deutsche Bank, changing the company’s name to Asia-Pacific Risk Management Limited.

Today Mr Kerr continues to advise many Australian and New Zealand companies in the specialist areas of foreign exchange risk, interest rate and funding risk and treasury policy/governance matters.

He is also a member of the Institute of Directors and NZ Institute of Chartered Accountants.

About Rifleman

Rifleman Finance Group is a specialist provider of financial services to the property development and property investment industries. The company operates at the upper end of the mezzanine finance market with a fully documented lending policy.


© Scoop Media

Business Headlines | Sci-Tech Headlines


I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>


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>>


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>>


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>>


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>>


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>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news