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


Finzsoft Solutions Limited announces appointment of new COO

Finzsoft Solutions Limited announces appointment of Hugh McKellar as COO

AUCKLAND 7 July 2014 – After an international talent search Finzsoft Solutions Limited (NZX:FIN), the Auckland-based financial technology company, is pleased to announce the appointment of Hugh McKellar to the position of Chief Operations Officer. Hugh will take up his role with Finzsoft in early September.

Mr McKellar is joining Finzsoft after twelve years at Telecom Group, New Zealand’s largest telecommunications and ICT service provider. He is currently Head of Marketing for Gen-i, a division of Telecom that brings together IT and telecommunications services to provide converged ICT solutions for businesses.

Finzsoft Managing Director, Andrew Holliday says that the new COO role was created to maximize Finzsoft’s future growth potential and to lead the development of transformational products for the banking and finance sector.

“The Finzsoft Board is very pleased to have been able to attract an individual of Hugh’s calibre to the team. Hugh has extensive experience in IT, banking, mobility and telecommunications, and Finzsoft is looking forward to his dynamic leadership preparing the company for further expansion, and the development and implementation of a number of new solutions.”

Mr Holliday says that 2014 is an important year for the global banking and finance industry to meet the technology demands of a dynamic and mobile-oriented market.

“Finzsoft has tier one banking and finance clients and growing cash flow and revenue. With Hugh leading our exceptionally strong management team and talented staff, Finzsoft is well-positioned to build on recent wins and drive growth, innovation and customer success.”

Mr McKellar’s roles across the Telecom Group have included Commerce & Mobile Data Services Business Manager, Head of Emerging Business Marketing, Business Manager – Applications & Verticals, and Head of On-line. Hugh was also one of the pioneers of the New Zealand Internet industry, helping transform ICONZ into New Zealand’s leading business ISP provider. Prior to this he spent a decade in the UK working for major financial services companies both in technical and management roles.

As COO, Hugh will be responsible for overseeing Finzsoft’s day-to-day operations and service delivery to customers. Hugh will apply his wealth of experience in leading teams and delivering to growth strategies to ensure that customers’ experience with Finzsoft and the delivery of the company’s product offerings, technology and services continues to be market-leading.

Hugh McKellar says that the opportunity to lead a growing and innovative listed company in a rapidly evolving space is what attracted him to the role: “I’ve always been interested in the transaction flow, how software can transform customer experiences and the efficiency that this can bring. Fintech is about businesses wanting to be where their customer’s customers’ are, and very few companies do what Finzsoft does in this space.

“They have fantastic IP, a committed and innovative board and exceptionally talented people. The fact that it is a New Zealand-based and owned company that’s selling to the world, and competing with the best in the world, was very attractive to me.

“We’ve got an exciting road ahead with a good deal flow and transformational products in the pipeline. I’m very much looking forward to this new challenge.”


© Scoop Media

Business Headlines | Sci-Tech Headlines


Science Investment Plan: Universities Welcome Statement

Universities New Zealand has welcomed the National Statement of Science Investment released by the Government today... this is a critical document as it sets out the Government’s ten-year strategic direction that will guide future investment in New Zealand’s science system. More>>


Scouring: Cavalier Merger Would Extract 'Monopoly Rents' - Godfrey Hirst

A merger of Cavalier Wool Holdings and New Zealand Wool Services International's two wool scouring operations would create a monopoly, says carpet maker Godfrey Hirst. The Commerce Commission on Friday released its second draft determination on the merger, maintaining its view that the public benefits would outweigh the loss of competition. More>>


Scoop Review Of Books: She Means Business

As Foreman says in her conclusion, this is a business book. It opens with a brief biographical section followed by a collection of interesting tips for entrepreneurs... More>>


Hourly Wage Gap Grows: Gender Pay Gap Still Fixed At Fourteen Percent

“The totally unchanged pay gap is a slap in the face for women, families and the economy,” says Coalition spokesperson, Angela McLeod. Even worse, Māori and Pacific women face an outrageous pay gap of 28% and 33% when compared with the pay packets of Pākehā men. More>>


Housing: English On Housing Affordability And The Economy

"Long lead times in the planning process tend to drive prices higher in the upswing of the housing cycle. And those lead times increase the risk that eight years later, when additional supply arrives, the demand shock that spurred the additional supply has reversed. The resulting excess supply could produce a price crash..." More>>


Sweet Health: Sugary Drinks Banned From Hospitals And Health Boards

All hospitals and DHBs are expected to kick sugary drinks out of their premises. University of Auckland researcher, Dr Gerhard Sundborn who also heads public health advocacy group “FIZZ”, says he welcomes the initiative. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news