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

 


Geneva Finance Appoints New CEO

News Release 18 October 2006

Geneva Finance Appoints New CEO

Geneva Finance has promoted Dennis Kelly to the position of Chief Executive Officer to reinforce the company’s executive management structure as it prepares to capitalise on the prospects for growth ahead.

The first New Zealand ‘non-bank’ finance company to secure a Standard & Poor’s rating, Geneva Finance is establishing a strong market reputation for the quality of its management team and its focus on building strong relationships with both borrowers and investors.

As CEO Kelly will play a major role in realising Geneva Finance’s long term vision to build a company with a solid, prosperous future while staying true to its core relationship driven values.

Previously Chief Operating Officer for the Hanover Group, Dennis was responsible for initiating, developing and maintaining effective strategies to ensure sustainable development of the financial services group, including Elders Finance Limited, Nationwide Finance Limited, FAI Finance Ltd, United Finance Ltd, United Home Loans and Leasing Solutions Ltd.

Prior to the Hanover Group, Kelly was Managing Director of New Zealand’s then largest vehicle leasing and fleet management company, Hertz Fleetlease Limited.

Kelly’s leadership, management and finance experience extends back to the early 1980s – beginning with Marac Finance Limited and including roles such as Regional Manager for Countrywide Bank, General Manager Capital Equipment Finance Limited, and General Manager, Marac Finance Limited.

“Geneva Finance is an exciting place to be at the moment. Recent key appointments have further enhanced the current skills and experience of our executive management infrastructure, reflecting both the growth and expansion of the business to date, and our aspirations to in time to be a major player in the financial service industry”.

“Our branch infrastructure coupled with relatively unique business processes such as insisting on face-to-face relationships with our borrowing customers, stands us apart from a number of our competitors when it comes to initial lending risk assessment and ongoing risk management. Likewise where we can we like to have a direct relationship with our investors, who appreciate the service we provide. “Kelly said.

ends


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Half A Billion Accounts: 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>>

ALSO:

Half Full: Fonterra Raises Forecast Payout As Global Supply Shrinks

Fonterra Cooperative Group, the dairy processor which will announce annual earnings tomorrow, hiked its forecast payout to farmers by 50 cents per kilogram of milk solids as global supply continues to decline, helping prop up dairy prices. More>>

ALSO:

Results:

Meat Trade: Silver Fern Farms Gets Green Light For Shanghai Maling Deal

The government has given the green light for China's Shanghai Maling Aquarius to acquire half of Silver Fern Farms, New Zealand's biggest meat company, with ministers satisfied it will deliver "substantial and identifiable benefit". More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news