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New animal proteins analyst appointed at Rabobank

February 18, 2013

Rabobank strengthens NZ research division – new animal proteins analyst appointed

Rabobank’s Food and Agribusiness Research & Advisory division has announced the appointment of its new animal proteins analyst for New Zealand, Matt Costello.

Rabobank’s head of Food and Agribusiness Research & Advisory Luke Chandler said Mr Costello – who has strong experience as a researcher in the meat industry – was an excellent addition to the bank’s New Zealand food and agribusiness research team, joining senior analyst Hayley Moynihan, who specialises in the dairy sector.

“We’re pleased to welcome Matt into our team here at Rabobank and I am confident his strong background in the animal proteins sector will be a great asset to help further support our clients in this industry in New Zealand,” Mr Chandler said.

Dedicated to analysing developments in food and agricultural markets for Rabobank and its clients, the local Australian and New Zealand research team is part of a global network of approximately 80 food and agriculture research analysts spread across every major production and consumption region of the world.

Based in Rabobank’s Christchurch office, Mr Costello will cover the New Zealand animal proteins sector, with a particular focus on sheep and beef.

After graduating with a bachelor of Agricultural Economics at Sydney University, Mr Costello previously held the position of meat market analyst with Meat & Livestock Australia, in Sydney.. He also conducted specialised research related to the South Asian region dealing with markets across Greater China, as well as South East Asia.

Mr Costello said having grown up in a rural community (New South Wales, Australia) he had a natural appreciation for how important agriculture is to the local economy, a nation and globally.

“Working for Rabobank will give me the opportunity to provide analysis on current market trends and identify future business opportunities for clients,” he said.

“As one of the most respected and leading agricultural nations in the world, working and interacting with New Zealand producers and industry across the entire supply chain is an exciting opportunity.”

As part of his research role with Rabobank, Mr Costello will deliver presentations at seminars, client functions, industry conferences and field days across New Zealand.

Rabobank New Zealand is a part of the international Rabobank Group, the world’s leading specialist in food and agribusiness banking. Rabobank has more than 110 years’ experience providing customised banking and finance solutions to businesses involved in all aspects of food and agribusiness. Rabobank is structured as a cooperative operates in 47 countries, servicing the needs of approximately 10 million clients worldwide through a network of more than 1600 offices and branches. Rabobank New Zealand is one of the country's leading rural lenders and a significant provider of business and corporate banking and financial services to the New Zealand food and agribusiness sector. The bank has 32branches throughout New Zealand.

ENDS

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