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.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Postnatal Depression: 'The Thief That Steals Motherhood' - Alison McCulloch

Post-natal depression is a sly and cruel illness, described by one expert as ‘the thief that steals motherhood’, it creeps up on its victims, hiding behind the stress and exhaustion of being a new parent, catching many women unaware and unprepared. More>>


DIY: Kiwi Ingenuity And Masking Tape Saves Chick

Kiwi ingenuity and masking tape has saved a Kiwi chick after its egg was badly damaged endangering the chick's life. The egg was delivered to Kiwi Encounter at Rainbow Springs in Rotorua 14 days ago by a DOC worker with a large hole in its shell and against all odds has just successfully hatched. More>>


Trade: Key To Lead Mission To India; ASEAN FTA Review Announced

Prime Minister John Key will lead a trade delegation to India next week, saying the pursuit of a free trade agreement with the protectionist giant is "the primary reason we're going" but playing down the likelihood of early progress. More>>



MYOB: Digital Signatures Go Live

From today, Inland Revenue will begin accepting “digital signatures”, saving businesses and their accountants a huge amount of administration time and further reducing the need for pen and paper in the workplace. More>>

Oil Searches: Norway's Statoil Quits Reinga Basin

Statoil, the Norwegian state-owned oil company, has given up oil and gas exploration in Northland's Reinga Basin, saying the probably of a find was 'too low'. More>>


Modern Living: Auckland Development Blowouts Reminiscent Of Run Up To GFC

The collapse of property developments in Auckland is "almost groundhog day" to the run-up of the global financial crisis in 2007/2008 as banks refuse to fund projects due to blowouts in construction and labour costs, says John Kensington, the author of KPMG's Financial Institutions Performance Survey. More>>


Health: New Zealand's First ‘No Sugary Drinks’ Logo Unveiled

New Zealand’s first “no sugary drinks logo” has been unveiled at an event in Wellington... It will empower communities around New Zealand to lift their health and wellbeing and send a clear message about the damage caused by too much sugar in our diets. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news