Friday, 04 October 2019 12:31

New home for Rabobank NZ

Written by  Staff Reporters
Rabobank chief executive Todd Charteris. Rabobank chief executive Todd Charteris.

Rabobank New Zealand says it will progressively move its corporate head office to Hamilton.

The specialist rural lender says plans are underway to develop a new, purpose-built agri ‘centre of excellence’ in Hamilton’s CBD as the new base for the bank’s corporate head office roles, to be co-located with staff from Rabobank’s current Hamilton office.

Chief executive Todd Charteris says the move, from the bank’s current head office location in Wellington, is an opportunity for the business to support its growth strategy into the future as New Zealand’s only specialist food and agribusiness bank.

“With our strong network of food and agribusiness connections, several of our regional offices located nearby and the close proximity of other food-producing regions, we believe moving to the Waikato will set us up for a future of growth alongside our clients,” he said.

“Basing our corporate head office closer to food and fibre production in the centre of a major agricultural region is part of our commitment to the rural sector,” he says. 

“Our team wants to embrace the food and farming mindset, so we can really understand the opportunities and challenges farmers face and further develop our offering to meet their future needs.”

Charteris says Rabobank will progressively relocate the corporate head office roles to Hamilton between early 2021 and January 2022, when it is expected around 80 roles will be based in Hamilton.

The bank will also retain significant operations in Wellington for the foreseeable future through its IT and operations teams, totalling some 70 people. All up, the bank currently employs more than 350 people across its network of 32 offices throughout New Zealand.

 “We will make this move over the next two years, with the least impact possible on our people and clients and look forward to further introducing ourselves to the communities of Hamilton and the wider Waikato,” Charteris says.

» Connect with Rural News

More like this

Banking on gumboot move

It's a change of scenery, customer and supply chain for Skellerup’s incoming agri division head, Hayley Gourley.

Farmers confidence plummets

Farmer confidence has plummeted in the last quarter, with Government policy cited as the chief reason, says Rabobank.

Global markets firm, NZ flying

The global dairy market looks set to remain firm through the coming six months, says Rabobank’s latest global Dairy Quarterly report.

Chinese demand boosts NZ beef outlook

Continuing strong growth in Chinese demand for New Zealand beef is set support solid returns for the nation’s beef producers over the coming year.

» The RNG Weather Report

Featured

Vaccinations protect people, animals

As we struggle to fathom how we ended up in the throes of a measles outbreak again, we’re reminded of the importance of vaccinations to protect us from life-threatening diseases.

 

» Connect with Rural News

» Connect with Rural News

» The RNG Weather Report

» Latest Print Issues Online

The Hound

Chipping in

The Hound was intrigued to read an article recently, on the Newsroom website, that shows that Education Minister Chris ‘Chippy’…

I'm alright

This old mutt has been contacted by many concerned individuals about the role the former Synlait boss John Penno is…

 

» Connect with Rural News