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

 


New Directors for Rangatira: Sophie Haslem and Richard Wilks

News Release 21 November 2012

Two New Directors for Rangatira: Sophie Haslem and Richard Wilks

Wellington investment company Rangatira today announced that two new Non-Executive Directors will be joining its Board, Richard Wilks and Sophie Haslem.

Richard Wilks was until earlier this year the Chief Credit Officer and Chief Risk Officer with ANZ National Bank (2006-May 2012). He has a corporate banking background and has held a number of executive roles with Standard Chartered Bank, Citibank Australia, Westpac Trust Australia, and Citibank New Zealand. Richard has held governance roles as Chairman of Radiola Corporation, Director of UDC Finance New Zealand, Chairman of Alto Plastics, and Chairman of Motion Industries. A Chartered Accountant, he has a BCom from the University of Auckland.

Sophie Haslem has been Head of Commercial and Investment for New Zealand Post since 2010 leading a substantive M&A programme and portfolio of subsidiary, joint-venture, and investment companies. She has been with New Zealand Post for the last ten years in a variety of management roles and has a background in strategy consulting and corporate/structured finance. Prior to joining New Zealand Post she was Senior Manager, Strategic Advisory Services with Cap Gemini Ernst & Young, and has had analyst roles with ANZ Investment Bank and Citibank Australia. Sophie is a Director of Air Post Ltd, Localist Ltd and Reachmedia Ltd. She is a member of the NZ Institute of Directors, and has a BCom and Post-Graduate Diploma in Management from The University of Melbourne.

Rangatira’s chairman Murray Gough said, “Richard and Sophie are experienced business professionals with skills and experience that will complement the current Board and assist in guiding the company’s future. Rangatira marked its 75th anniversary this year and has a long history of successful investment. We welcome Sophie and Richard to the Board and look forward to their contribution.”

Rangatira’s shares are listed on the Unlisted platform.

About Rangatira


Rangatira is a Wellington-based investment company with assets of over $150 million. Established in 1937, the Company is 51% owned by the JR McKenzie Trust with other community and charitable organisations owning another 15% of the shares. The balance of the shares is owned by private investors. Rangatira’s mission is to increase both the capital value of its shares and the dividends paid to its shareholders by investing creatively and competitively.

Rangatira has built a portfolio of local and international investments across a wide range of sectors. The Company has pursued a policy of investment in small to medium-sized unlisted New Zealand companies, complemented by holdings in a range of publicly listed New Zealand, Australian and international companies. All investments have been made taking a long-term position in companies that are well founded and well managed with good growth potential.

Rangatira is strictly commercial in its investment approach and benchmarks its performance against the wider investment community.

Rangatira will continue to explore investment opportunities across a range of business sectors. We aim to add value to our unlisted investments by actively contributing at management and board level, recognising the need to combine high standards of governance with sound management and a clear focus on growth and profitability.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Sky City : Auckland Convention Centre Cost Jumps By A Fifth

SkyCity Entertainment Group, the casino and hotel operator, is in talks with the government on how to fund the increased cost of as much as $130 million to build an international convention centre in downtown Auckland, with further gambling concessions ruled out. The Auckland-based company has increased its estimate to build the centre to between $470 million and $530 million as the construction boom across the country drives up building costs and design changes add to the bill.
More>>

ALSO:

RMTU: Mediation Between Lyttelton Port And Union Fails

The Rail and Maritime Union (RMTU) has opted to continue its overtime ban indefinitely after mediation with the Lyttelton Port of Christchurch (LPC) failed to progress collective bargaining. More>>

Earlier:

Science Policy: Callaghan, NSC Funding Knocked In Submissions

Callaghan Innovation, which was last year allocated a budget of $566 million over four years to dish out research and development grants, and the National Science Challenges attracted criticism in submissions on the government’s draft national statement of science investment, with science funding largely seen as too fragmented. More>>

ALSO:

Scoop Business: Spark, Voda And Telstra To Lay New Trans-Tasman Cable

Spark New Zealand and Vodafone, New Zealand’s two dominant telecommunications providers, in partnership with Australian provider Telstra, will spend US$70 million building a trans-Tasman submarine cable to bolster broadband traffic between the neighbouring countries and the rest of the world. More>>

ALSO:

More:

Statistics: Current Account Deficit Widens

New Zealand's annual current account deficit was $6.1 billion (2.6 percent of GDP) for the year ended September 2014. This compares with a deficit of $5.8 billion (2.5 percent of GDP) for the year ended June 2014. More>>

ALSO:

Still In The Red: NZ Govt Shunts Out Surplus To 2016

The New Zealand government has pushed out its targeted return to surplus for a year as falling dairy prices and a low inflation environment has kept a lid on its rising tax take, but is still dangling a possible tax cut in 2017, the next election year and promising to try and achieve the surplus pledge on which it campaigned for election in September. More>>

ALSO:

Job Insecurity: Time For Jobs That Count In The Meat Industry

“Meat Workers face it all”, says Graham Cooke, Meat Workers Union National Secretary. “Seasonal work, dangerous jobs, casual and zero hours contracts, and increasing pressure on workers to join non-union individual agreements. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news