tmmonline.nz  |   landlords.co.nz        About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds

NZ's Financial Adviser News Centre

GR Logo
Last Article Uploaded: Saturday, August 13th, 5:14PM

People

rss
People

Greg Muir joins Hanover

Thursday, December 8th 2005, 10:54PM
Hanover Group has appointed Pumpkin Patch chairman Greg Muir as the chairman of its principal holding companies.

Muir is also a director of Vector and NGC Holdings and chairman of the Auckland Blues Super 14 franchise. He will take over as chairman from Mark Hotchin this month.

Muir has been appointed as chairman of Hanover Group and Hanover Financial Services Ltd (HFSL). HFSL is the principal holding company for the group’s financial services businesses, and the chief executives of each business will report directly to the HFSL board.

Hotchin said that the group had moved determinedly to establish better and more apparent governance structures.

"We have gone from having no independent directors 18 months ago, to a structure where the key financial services subsidiaries will have ‘tied boards’ with three independent directors and three company executives or shareholders."

"Based on the NZX Listing Rule requirement of at least two independent directors for boards of our size we are moving to a higher standard and in doing so have raised the governance bar for New Zealand finance companies."

Hotchin said that this should not be interpreted as meaning there was a listing intention simply that the group was determined to create a governance standard above that prescribed for public companies where it raised money from the public.

« Stirrat joins For BarrSimon Fisher takes on CEO role »

Special Offers

Commenting is closed

 

print

Printable version  

print

Email to a friend
Slideshow

Monday, August 15th 2022
The monster’s back in town
Northland

Monday, August 15th 2022
The anatomy of a deal
Northland

Wednesday, August 17th 2022
RBNZ Monetary Policy Statement (MPS)
Nationwide

Thursday, August 18th 2022
The monster’s back in town
Auckland

Thursday, August 18th 2022
The anatomy of a deal
Auckland

Tuesday, August 23rd 2022
The monster’s back in town
Southland

Tuesday, August 23rd 2022
The anatomy of a deal
Southland

Wednesday, August 24th 2022
SiFA Annual Confernece
Otago

Wednesday, August 24th 2022
The monster’s back in town
Otago

Wednesday, August 24th 2022
The anatomy of a deal
Otago

MORE»

News Bites
About Us  |  Advertise  |  Contact Us  |  Terms & Conditions  |  Privacy Policy  |  RSS Feeds  |  Letters  |  Archive  |  Toolbox  |  Disclaimer
 
Site by Web Developer and eyelovedesign.com