Rabobank NZ appointment
Rabobank New Zealand has appointed the bank's global chief compliance officer Angelique Meddeler to its board.
Rabobank New Zealand has announced Chris Black as its new board chair.
Black, who retired last year after 13 years as chief executive of rural insurance group Farmers Mutual Group (FMG), replaces Andy Borland who steps down in November.
Rabobank says Black has considerable governance and executive experience, with a strong background in rural insurance, banking and investment management.
Black will be an observer at the next Rabobank New Zealand board meeting later this month and will formally join the board at its November meeting.
Borland, who is managing director of diversified agribusiness Scales Group, joined the Rabobank New Zealand board in 2016 and became chair in April 2020. Announcing the changes, Rabobank Group's managing board member, Berry Martin, says the notice Borland had provided of his intention to step down would ensure a smooth transition for both the board and Rabobank's New Zealand business.
"We are fortunate to have someone of Chris's considerable experience in a mutual and cooperative setting and a strong background in the rural sector joining the New Zealand board," Martin says.
"I also wish to acknowledge Andy's significant contribution to our New Zealand board over the past six years. His in-depth knowledge of agribusiness and banking and finance has been of enormous value, and I want to thank Andy for his leadership of our New Zealand board since 2020."
Black, who is a chartered accountant, began his career in the public sector. He later worked in the financial sector, including at CitiGroup and UBS in the United Kingdom. Returning to New Zealand, Black spent nearly 15 years with Bank of New Zealand and its parent company National Australia Bank in a number of senior general management, specialist risk, and merger and acquisition roles. During his 13 years as chief executive of FMG, Black oversaw a significant increase in FMG's market share and growth in its brand profile.
He recently joined the board of the two core entities at Southern Cross and was appointed chair of the Earthquake Commission and a trustee of the Mental Health Foundation. Black was previously president of the Insurance Council of New Zealand and on the board of the Insurance & Financial Services Ombudsman Scheme.
Hawke's Bay teenage entrepreneur Hugo Moffett is helping the rural community access cheaper school uniforms, all without leaving their homes.
As part of preparing for a potential IPO in relation to the divestment process for its global Consumer business and integrated businesses Fonterra Oceania and Sri Lanka, Fonterra has named Anne Templeman-Jones as chair-elect of the Audit and Risk Committee for the Mainland Group board.
There's been a positive response to the Government's latest move to make freshwater farm plans more practical and affordable.
Massey University has begun trialling the use of superior beef genetics in its two dairy farms as part of Beef + Lamb New Zealand's dairy beef progeny test.
The annual Featherston Booktown Karukatea Festival – a fusion of books and storytelling - celebrates its 10th anniversary this year.
Emissions by dairy cattle decreased by 1.6% according to the latest NZ Greenhouse Gas Inventory report.
OPINION: Forests planted for carbon credits are permanently locking up NZ’s landscapes, and could land us with more carbon costs,…
OPINION: NZ farming is built on hard work, but also on innovation, a lot of which came about thanks to…