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


FMG leadership changes hands

Media Release
Issued 22 December 2008

FMG leadership changes hands

Farmers’ Mutual Group, New Zealand’s leading rural insurer, has appointed Chris Black as Chief Executive following the departure of Gordon Smith. Mr Black will step down from his position on the board of FMG to take the role of CEO, and has previously held senior management positions at Bank of New Zealand and National Australia Bank.

“On behalf of the Board of Directors, I thank Gordon for his outstanding leadership and contribution,” said FMG chairman Greg Gent. “Gordon has played a prominent role, placing FMG in the best possible position to pursue its strategy of becoming a knowledge and advice company. We wish him well in his future endeavours.”

“I have thoroughly enjoyed the challenge of building financial strength for FMG over the 8 years I have had with the Group, but have decided on a career change,” said Gordon Smith. “I know that the great team at FMG will continue to deliver top service to our customers with a full commitment to farmers.”

“Following a comprehensive search involving several high calibre candidates, we are delighted that Chris Black has accepted the position,” said Mr Gent.

“Chris has a strong affinity with rural New Zealand through his family and business background, having grown up supporting and then marrying into the farming community. Coupled with his broad insurance experience and expertise in corporate strategy, customer service and financial and risk management, this affinity will ensure FMG stays focused on its goal of being a trusted source of knowledge and advice for its customers.”

After spending twenty five years working with both corporate and government organisations in New Zealand and overseas, Mr Black is looking forward to the challenge of heading the country’s leading rural insurer.

“FMG is an outstanding company that’s had a positive influence on rural New Zealand throughout its history. I’m excited to have the opportunity to lead the company through its next phase of growth,” said Mr Black.

Mr Black formally commenced the role on the 15th of December.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Frog Recruitment: Kiwi Workers Reluctant To Make Business Trips Across The Ditch Despite Trans-Tasman Bubble Opening

When the trans-Tasman travel bubble opens today, many Kiwi companies won't be rushing to buy an air ticket, reluctant to cross the ditch to do business. The latest survey conducted by leading recruitment agency, Frog Recruitment of nearly 1,000 New Zealand ... More>>

Tourism: Employers Welcome Back Working Holidaymakers

Tourism businesses gearing up for the return of Australian visitors from next week will be relieved to learn that they will also have access to an offshore pool of much-needed job candidates, Tourism Industry Aotearoa says. Tourism employers around ... More>>

Commerce Commission: Latest Broadband Report Confirms Improved Performance Of Premium Fibre Plans

The latest report from the Commerce Commission’s Measuring Broadband New Zealand programme shows that the performance of Fibre Max plans has improved substantially. This follows a collaboration between the Commission, its independent testing partner, ... More>>

Air New Zealand: Capital Raise Deferred

Air New Zealand has decided to defer its planned capital raise to later in 2021 allowing more time to assess the impacts of recent developments on the airline’s path to recovery. 'We’ve seen some clearing of COVID-19 clouds recently, with ... More>>

Stats NZ: New Report Shows Impact Of Demands On Land In New Zealand

A new environmental report released today by the Ministry for the Environment and Stats NZ, presents new data on New Zealand’s land cover, soil quality, and land fragmentation. The land cover data in the report, Our land 2021 , provides the most ... More>>


Stats NZ: March Card Spending Rebounds Despite COVID

There was a lift in retail card spending in March following a fall in the lockdown-disrupted February month, Stats NZ said today. Seasonally adjusted retail card spending rose by $53 million (0.9 percent), compared with February 2021. Visit our website to read ... More>>

PwC: Outcome Of Review Into Air New Zealand Gas Turbines Business

Air New Zealand has received the report into its Gas Turbines business from independent external advisers PwC. Air New Zealand Chairman Dame Therese Walsh says the report identified a range of effective controls in the Gas Turbines revenue contracting ... More>>