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Ngati Awa Group Holdings has appointed a former Telecom executive as its new chief executive.
Geoff Hamilton is currently heading Fisher and Paykel Finance’s commercial finance subsidiary Equipment Finance Ltd.
Before that he worked in various senior finance positions within Telecom New Zealand before establishing specialist technology finance provider Telecom Rentals Ltd.
Ngati Awa Group Holdings chair Paul Quinn says Mr Hamilton was a standout candidate in a strong field.
“Geoff has proven his leadership qualities and credentials in driving world/class performance in the various roles he has previously held,” Mr Quinn says.
Mr Hamilton has a long standing interest in surf life saving and is currently chair of Surf Life Saving New Zealand Inc.
In the year ending June 30, 2015 Ngati Awa Group Holdings made a net surplus of $3.7 million, down $2.7m from the previous year, which represented a return of just 3.8 percent on assets totalling $101 million.
The Bay of Plenty tribe was hit by a loss in its dairy operation which was offset by gains in property and forestry.
Copyright © 2016, UMA Broadcasting Ltd: www.waateanews.com
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