Rabobank flags rising global dairy prices, warns of downside risks ahead
While global dairy commodity prices continue to climb in most key exporting countries, the second half of the year is expected to bring increased downside risks.
Andy Borland is the new chair of Rabobank New Zealand Limited.
Click here to read Rabobank's latest report on international dairy markets: Dairy’s corona hangover.
He succeeds Sir Henry van der Heyden, who stood down from the board due to regulatory changes.
Borland has been a Rabobank New Zealand director since 2016 and is the managing director of agribusiness company Scales Group.
In other changes to Rabobank NZ board, Brent Goldsack has been appointed as a new, independent director, with current directors Jillian Segal and Peter Knoblanche leave the board.
All these changes take effect on April 1, 2020.
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