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

 


Rabobank announces new group executive, Wholesale Banking

Media Release January 30, 2013 1

Rabobank announces new group executive, Wholesale Banking

Rabobank Australia and New Zealand Group has announced Phil Streten has been appointed to the position of group executive, Wholesale Banking.

Effective February 1, 2013, the new appointment sees Mr Streten take over the role from Paul Beiboer, who has been appointed general manager of London branch and regional head of Wholesale Banking Europe for the global Rabobank.

Mr Streten moves from his current position as general manager, Corporate Banking.

Announcing the new appointment, Rabobank Australia and New Zealand CEO Thos Gieskes said Mr Streten, a veteran of 15 years with Rabobank’s corporate banking business in Australia and New Zealand, was “very well credentialed” to step into the role.

“In his time with Rabobank, Phil has played an instrumental part in the transformation of this part of the bank from a start-up wholesale business in Sydney to its current position as a highly-respected corporate banking brand across Australia and New Zealand, leading in the food and agribusiness segment” he said.

In his new role, Mr Streten will become a member of Rabobank Australia and New Zealand’s executive committee and oversee all of the bank’s wholesale operations in both countries.

“We are confident Phil will replicate the impressive and sustainable growth that has been achieved under his leadership in the Corporate Banking division, in the other wholesale business areas of the bank which will now become part of his stewardship,” Mr Gieskes said.

Mr Streten said he was very much looking forward to take over the helm of the wider Wholesale Banking side of Rabobank Australia and New Zealand.

“At the end of the day the connectivity between our activities in Mergers & Acquistions, Acquisition Finance and Financial Markets is defined by our clients’ requirements, so overseeing that whole spectrum will allow me to strengthen even further the excellent ties with our clients that we have built up over the past 15 years,” he said.

Mr Gieskes said Mr Streten’s successor in the role of general manager, Corporate Banking would be announced shortly.

ENDS


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

SOE Results: TVNZ Lifts Annual Profit 25% On Flat Ad Revenue, Quits Igloo

Television New Zealand, the state-owned broadcaster, lifted annual profit 25 percent, ahead of forecast and despite a dip in advertising revenue, while quitting its stake in the pay-TV Igloo joint venture with Sky Network Television. More>>

ALSO:

Insurers Up For More Payouts: Chch Property Investor Wins Policy Appeal In Supreme Court

Ridgecrest NZ, a property investor, has won an appeal in the Supreme Court over insurance cover provided by IAG New Zealand for a Christchurch building damaged in four successive earthquakes. More>>

ALSO:

Other Cases:

Royal Society: Review Finds Community Water Fluoridation Safe And Effective

A review of the scientific evidence for and against the efficacy and safety of fluoridation of public water supplies has found that the levels of fluoridation used in New Zealand create no health risks and provide protection against tooth decay. More>>

ALSO:

Scoop Business: Croxley Calls Time On NZ Production In Face Of Cheap Imports

Croxley Stationery, whose stationery brands include Olympic, Warwick and Collins, plans to cease manufacturing in New Zealand because it has struggled to compete with lower-cost imports in a market where the printed word is giving way to electronic communications. More>>

ALSO:

Prefu Roundup: Forecasts Revised, Surplus Intact

The National government heads into the election with its Budget surplus target broadly intact, delivering a set of economic and fiscal forecasts marginally revised from May to reflect weaker commodity prices and a lower tax take. More>>

ALSO:

Convention Centre: Major New SkyCity Hotel And Laneway For Auckland

Today SKYCITY Entertainment Group Limited revealed plans to build a new hotel and pedestrian laneway of bars, restaurants and boutique shopping on land it owns in the Nelson and Hobson Streets block, expanding the SKYCITY Entertainment Precinct. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

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