Chris Lee taps ex-Hubbard exec for Timaru branch

Kapiti investment adviser Chris Lee has wooed former South Canterbury Finance executive Kevin Gloag to set up a branch in Timaru.

Monday, October 11th 2010, 6:13AM 1 Comment

Former Allan Hubbard-lieutenant Gloag will be opening a new and permanent branch of Chris Lee Stockbroking, and Lee said he will announce details within a few days in his weekly newsletter Taking Stock, published on his website.

Gloag left SCF in May after 29 years' service following former chief executive and chief financial officer Lachie McLeod and Graeme Brown out the door. Gloag was SCF's general manager of funding.

That comes as SCF investors, many from the lower South Island, will be receiving their portions of the $1.6 billion worth of deposits expected to be repaid to SCF investors this month.

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Comments from our readers

On 11 October 2010 at 1:12 pm Arthur said:

Kevin Gloag is a good choice. Given the unhealthily close relationship between SCF and ForBar most Hubbard acolytes should welcome some fresh choice without the baggage

Chris Lee taps ex-Hubbard exec for Timaru branch

Kapiti investment adviser Chris Lee has wooed former South Canterbury Finance executive Kevin Gloag to set up a branch in Timaru.

Monday, October 11th 2010, 6:13AM 1 Comment

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