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

 

ING appoints new managing director

05 October 2005

ING appoints new managing director

ING New Zealand has confirmed the appointment of Marc Lieberman as Managing Director to replace Paul Fyfe who retires next year.

Mr Lieberman’s appointment follows an extensive internal global search to find a successor for Mr Fyfe, who has been head of ING in New Zealand for 10 years.
Currently Head of Strategic Distribution with ING Life in Minneapolis, USA, Mr Lieberman has been with ING Group since April 2000 in a number of senior financial services roles. He has 20 years’ industry experience covering the full scope of operational and sales functions across insurance, managed funds and investment markets.

“Marc joins ING at a time of huge change and growth for the company,” says Mr Fyfe.

“His experience is well suited to the breadth of ING’s business in New Zealand today and I have no doubt he will prove a great asset in further strengthening the company’s presence in this marketplace.

“His appointment gives me great confidence that the excellent work achieved by the company to date will continue in the future.”

Mr Lieberman is due to arrive in New Zealand, with his family, early in the New Year.

ING New Zealand recently announced it had reached agreement with ANZ National Bank to extend the existing joint venture between the ANZ and ING Groups by incorporating the managed funds and life insurance business of The National Bank. The addition of this business has consolidated ING’s position as the largest retail fund manager in New Zealand, and one of the leading insurance operators.

Mr Fyfe will leave the company at the end of February 2006, after a career spanning four decades in the financial services sector. He joined ING in 1989 when the company was first established in New Zealand as Armstrong Jones. He was appointed managing director in 1995 and has since been an integral part of the company’s significant growth and transformation from a leading fund manager to the full financial services provider it is today.

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

TradeMe: Property Prices In Every Region Hit New High For The Very First Time

Property prices experienced their hottest month on record in December, with record highs in every region, according to the latest Trade Me Property Price Index.\ Trade Me Property spokesperson Logan Mudge said the property market ended the year with ... More>>

Motor Industry Association: 2020 New Vehicle Registrations Suffer From Covid-19

Chief Executive David Crawford says that like some other sectors of the New Zealand economy, the new vehicle sector suffered from a case of Covid-19. Confirmed figures for December 2020 show registrations of 8,383 were 25% ... More>>

CTU 2021 Work Life Survey: COVID And Bullying Hit Workplaces Hard, Huge Support For Increased Sick Leave

New data from the CTU’s annual work life survey shows a snapshot of working people’s experiences and outlook heading out of 2020 and into the new year. Concerningly 42% of respondents cite workplace bullying as an issue in their workplace - a number ... More>>

Smelter: Tiwai Deal Gives Time For Managed Transition

Today’s deal between Meridian and Rio Tinto for the Tiwai smelter to remain open another four years provides time for a managed transition for Southland. “The deal provides welcome certainty to the Southland community by protecting jobs and incomes as the region plans for the future. The Government is committed to working on a managed transition with the local community,” Grant Robertson said. More>>

ALSO:

OECD: Area Employment Rate Rose By 1.9 Percentage Points In The Third Quarter Of 2020

OECD area employment rate rose by 1.9 percentage points in the third quarter of 2020, but remained 2.5 percentage points below its pre-pandemic level The OECD area [1] employment rate – the share of the working-age population with jobs – rose ... More>>

Economy: Strong Job Ad Performance In Quarter Four

SEEK Quarterly Employment Report data shows a positive q/q performance with a 19% national growth in jobs advertised during Q4 2020, which includes October, November and December. Comparing quarter 4, 2020, with the same quarter in 2019 shows that job ad volumes are 7% lower...More>>

NIWA: 2020 - NZ’s 7th-warmest Year On Record

The nationwide average temperature for 2020, calculated using stations in NIWA’s seven-station temperature series which began in 1909, was 13.24°C (0.63°C above the 1981–2010 annual average). New Zealand’s hottest year on record remains 2016, when... More>>

Quotable Value New Zealand: Property Market Set To Cool From Sizzling To Warm In 2021

Nostradamus himself could not have predicted the strange series of events that befell our world in 2020 – nor the wild trajectory of New Zealand’s property market, which has gone from “doom and gloom” to “boom and Zoom” in record time. Even ... More>>