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


New CEO for Sentinel

Media Release
15 February 2007

New CEO for Sentinel

A new CEO has been appointed for Sentinel Limited, New Zealand’s leading home equity release specialist, as the company focuses on its New Zealand leadership while growing internationally.

Chairman of Sentinel, Boyd Klap, has announced that Vaughan Underwood - formerly CEO of AXA New Zealand, Sterling Grace Portfolio Management Limited (part of Spicers) and Emerald Group (Food Division) - has taken up the role.

Mr Underwood’s appointment allows current managing director of Sentinel Richard Coon to step aside to guide international expansion.

Mr Underwood says that he is privileged to be able to shape a company and its products in a positive sector that is young and growing.

“New Zealand, as is the case worldwide, faces unprecedented demographic change with people living longer plus the baby boomers entering retirement,” he said. “Funding those extra years in retirement is a huge issue and equity release will form a key part of the solution for many New Zealanders.

Mr Underwood’s background also includes:

- business consulting for the banking and dairy sectors

- regional director for Lion Breweries (Auckland)

- merchandising and marketing for ETA and Griffins.

Mr Klap said that Sentinel was fortunate to have attracted a person of Mr Underwood’s capability.

“Sentinel is in great shape. Vaughan’s understanding of financial tools through his industry experience, his experience of consumer marketing and his background in development of focused, local companies make him an ideal choice for the company,” he commented.


© Scoop Media

Business Headlines | Sci-Tech Headlines


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>>


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>>

PriceSpy: Research Reveals How Shopping Behaviours Have Changed This Christmas

According to a new survey* from PriceSpy , almost 50 per cent of Kiwis are looking to shop locally this Christmas in light of Covid-19; The research also found consumers are changing their shopping habits, with one in seven (14 per cent) getting super-organised ... More>>