Scoop has an Ethical Paywall
Work smarter with a Pro licence Learn More

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

 

Kiwi billionaire Stephen Jennings joins NZ Initiative board

Kiwi billionaire Stephen Jennings joins NZ Initiative board

By Paul McBeth

Sept. 20 (BusinessDesk) - Kiwi billionaire investor Stephen Jennings has joined the board of the New Zealand Initiative think-tank.

The Taranaki-born entrepreneur helped build one of the biggest Russian investment banks - Renaissance Capital - during the privatisation boom of the 1990s and more recently established Africa's largest urban development company, Rendeavour. The National Business Review's 2018 Rich List estimated his wealth at $1.2 billion.

Despite pursuing his career overseas, Jennings has continued to take an interest in New Zealand society. Last year his foreword to ACT MP David Seymour's book called the country's housing and education "matters of national shame" for the major political parties. The year before he identified six areas in dire need of reform during a keynote speech to the NZ Initiative, including the need for a capital gains tax.

"The Initiative’s methodological, fact-based approach to policy is ideally placed to improve public understanding on many of the key challenges and opportunities facing New Zealand,” Jennings said.

He will join chair Roger Partridge, executive director Oliver Hartwich, Barbara Chapman, Chris Quin, Linda Meade, John Judge, Matthew Cockram, Neil Paviour-Smith and Scott Perkins on the think-tank's board.

Partridge said Jennings will bring valuable insights to the group's work.

The think-tank was formed through the merger of the Business Roundtable and the New Zealand Institute in 2012. This week it released a report on productivity which identified 20 to 30 areas where laws and regulation could be improved to make the government more efficient.

(BusinessDesk)


Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Business Headlines | Sci-Tech Headlines

 
GenPro: General Practices Begin Issuing Clause 14 Notices

GenPro has been copied into a rising number of Clause 14 notices issued since the NZNO lodged its Primary Practice Pay Equity Claim against General Practice employers in December 2023.More

SPADA: Screen Industry Unites For Streaming Platform Regulation & Intellectual Property Protections

In an unprecedented international collaboration, representatives of screen producing organisations from around the world have released a joint statement.More

 
 
 
 
 
 
 
 
 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.