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

 

Nikko AM NZ appoints Craig Donaldson to Board of Directors


01 November, 2019


Nikko Asset Management New Zealand (Nikko AM NZ) is pleased to announce the appointment of Craig Donaldson to its Board of Directors.

A renowned figure in the New Zealand and global financial marketplace, Mr Donaldson brings to Nikko AM NZ over 25 years’ experience at some of the world’s largest financial institutions.

He has held senior positions with Deutsche Bank, Merrill Lynch and the Royal Bank of Scotland, where as head of Foreign Exchange Sales he led the division’s growth into the top five foreign exchange businesses in North America. Since coming back to Auckland in 2012, he has held a number of Board and Board Advisory positions at the Ice House, Well Foundation (Chairman) and Bachcare. He is also Global CEO and sits on the Global Board of KEA New Zealand and is an Executive in Residence at the University of Auckland Business School.

Mr Donaldson joins Nikko AM NZ Managing Director, George Carter, Nikko AM Co Ltd Tokyo based director, Kiyotaka Ryu and independent NZ based non-executive director Tracey Jones on the four-person Nikko AM NZ board. To coincide with Mr Donaldson’s arrival, Ms Jones has been promoted to the role of board chair.

Ms Jones says that she’s delighted to take on the role of board chair and is looking forward to the positive contribution Craig Donaldson will make. She says that it wasn’t just Mr Donaldson’s extensive financial markets experience, but his expertise and passion for supporting business growth that made him the outstanding candidate to fill the role.

“Craig has extensive financial knowledge and experience, covering structured products, financing, ecommerce and bespoke alpha trade ideas, and is respected here and internationally for his expertise. But just as important for us is his broad business and governance experience and we look forward to him bringing his strong people-focused philosophy and fresh perspectives to our board.”

Mr Donaldson’s appointment has been welcomed equally warmly by George Carter.

“This is an extremely exciting time for Nikko AM NZ. Earlier this year we unveiled our direct-to-consumer GoalsGetter robo-advice platform and most recently have launched our disruptive innovation fund with ARK-Invest. New Zealand’s wealth management sector is evolving rapidly and Craig will play a key role in ensuring we can continue to thrive and service the needs of our increasingly diverse client base,” says Mr Carter.

Mr Donaldson, who has taken up the role as of today (November 1), says he can’t wait to get started.

“I am excited to be joining the Nikko AM team and am impressed with the calibre of their staff and their focus on creating excellent investment outcomes for their clients.”

Ends

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Freight: New Report On Auckland Port Relocation

The Government has released a major new report on the options for relocating the Port of Auckland’s freight operations while deferring any decision on the issue. More>>

ALSO:

Chartered Accountants: COVID-19 Fails To Knock Kiwi Investor Confidence, But More Disclosure Wanted

Three months of COVID-19 lockdown and investment turmoil has done little to knock confidence in New Zealand capital markets and listed companies with overall investor sentiment very similar to 2019, an investor survey held in mid June shows. However, ... More>>

ALSO:

Taxation: Black-Market Tobacco Sidesteps $287 Million In Excise Tax

Year-on-year increases in consumption of illicit tobacco in New Zealand have seen illegal trade swell to 11.5% of the total market. If consumed legally, illicit products would have netted the Government $287 million in excise tax during 2019. Independent ... More>>

ALSO:

Energy Sector: Meridian Spilled Water To Hike Electricity Prices - Authority Ruling

The Electricity Authority has found that generator Meridian Energy manipulated the power market, costing consumers about $80 million. More>>

ALSO:

XE Data Update: RBNZ Official Cash Rate Decision

The RBNZ will keep the Official Cash Rate (OCR) at 0.25%. T he key points in the RBNZ statement are: RBNZ keeps the OCR unchanged at 0.25% Maintain the LSAP (large scale asset purchase) at NZD$60 billion. Committee prepared to use additional monetary ... More>>

ALSO:

Electricity: Kiwis Ignore Promise Of Cheaper Power

Electric Kiwi and Flick Electric Co are joint winners of Canstar Blue’s award for Most Satisfied Customers | Electricity Providers From putting on an extra layer – rather than turning on a heater – to turning off lights and choosing the energy-saving ... More>>

ALSO:

Electricity: Transmission Pricing For A Low Carbon Future

The Electricity Authority has decided on new guidelines for transmission pricing. James Stevenson-Wallace, Chief Executive of the Electricity Authority says the new guidelines will deliver significant benefits to consumers, through lower electricity ... More>>

ALSO:

NIWA: The Climate Record That Keeps Getting Broken

Among the multitude of New Zealand climate statistics there is one record that continues to be broken month after month. Since January 2017 there has not been one month that recorded a below average nationwide temperature, according to NIWA’s seven station ... More>>

ALSO:

Govt: Extended Loan Scheme Keeps Business Afloat

Small businesses are getting greater certainty about access to finance with an extension to the interest-free cashflow loan scheme to the end of the year. The Small Business Cashflow Loan Scheme has already been extended once, to 24 July. Revenue and Small ... More>>

ALSO:

Science: 2019 Prime Minister’s Science Prizes Announced

The 2019 Prime Minister’s Science Prizes have been announced in a digital livestream event today. The Prizes recognise the impact of science on New Zealanders’ lives, celebrate the achievements of current scientists and encourage scientists of the ... More>>

ALSO:


RNZ: Fuel, Alcohol Costs To Go Up From Today

The increase today in the taxes on fuel, road user charges and alcohol is being called a tone-deaf move. More>>

ALSO:

Stardome Observatory: Young Kiwi Astro-Photographer Shoots For The Stars

Matariki by Josh Kirkley. The stars are aligning for up-and-coming Auckland-based astro-photographer Josh Kirkley (Kāi Tahu). During lockdown, one of his images was picked up by NASA and shared on the space agency’s Instagram to its 59.2 million ... More>>


DCANZ: Time For EU To Commit To A Level Playing Field For Trade

The Dairy Companies Association of New Zealand (DCANZ) has welcomed New Zealand Trade Minister David Parker’s statement that it is unacceptable for New Zealand exporters to continue facing an ‘unlevel playing field’ in the EU. Details leaked ... More>>

ALSO:

Potatoes New Zealand: Protecting NZ Fries As Part Of PNZ Pandemic Recovery & Transformation Plan

Potatoes New Zealand has met with Minister Faafoi this week to discuss investigating the potential importation of heavily discounted frozen potato chips into New Zealand. With MBIE’s support we are undertaking an investigation to gather evidence of the ... More>>

ALSO:


New Zealand Government: Supporting Kiwi Businesses To Resolve Rent Disputes

The Government will legislate to ensure businesses that suffered as a result of the COVID-19 response will get help to resolve disputes over commercial rent issues, Justice Minister Andrew Little announced today. More>>

ALSO: