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RBNZ pulls the trigger and raises OCR.   Why?   READ ON Dismiss
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Minto confirmed as head

Friday, December 20th 2002, 8:14AM
Tower has appointed the acting head of its Australian unit, Jim Minto, to the job of chief executive of the unit.
Tower Group chief executive Keith Taylor said in a statement today that Minto, who has been the acting Australian CEO since November 6, had made good progress with restructuring.
Taylor said that "in the interests of stability and the work that Tower Australia has to accomplish, Minto's permanent appointment is vital".
Minto previously headed Tower New Zealand.
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