Articles tagged with Kiwi Group Capital
Government Announces Key Appointments in State-Owned Enterprises Portfolio
1 month ago | 186 viewsState-Owned Enterprises Minister Simeon Brown announced appointments and reappointments at Kiwi Group Capital Ltd and NZ Post. David McLean was reappointed as Chair at Kiwi Group, with Scott Pickering appointed as a director. At NZ Post, Alastair Bell and Grant Stapleton were appointed as directors. These appointments aim to ensure strong governance and leadership in State Owned Enterprises to meet future challenges and opportunities.
Tags: Simeon Brown David McLean Scott Pickering Alastair Bell Grant Stapleton Kiwi Group Capital Ltd NZ Post State Owned Enterprises New ZealandersKiwibank Empowered to Challenge Big Four Aussie Banks with $500M Capital Boost
3 months ago | 660 viewsKiwibank has been authorized to enhance its competition with the dominant Australian-owned banks in New Zealand's banking sector by raising up to $500 million in capital for growth. This move is aimed at enabling Kiwibank to better compete with the big four Australian banks while preserving its New Zealand identity. The government has approved measures to ensure Kiwibank's New Zealand identity, including maintaining majority government ownership and requiring key operational aspects to remain in New Zealand.
Tags: Kiwibank Nicola Willis Finance Minister Commerce Commission New Zealand Kiwi Group Capital Māori institutions New Zealand KiwiSaver funds stock market