Wednesday, April 24, 2024

Rabobank NZ appoints new country banking manager

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Rabobank New Zealand has appointed Hayley Moynihan to the new role of general manager country banking. Subject to regulatory approval from the Reserve Bank of New Zealand, Moynihan will start her role on July 2.
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Reporting to Rabobank NZ’s chief executive Ben Russell, Moynihan will be responsible for leadership of Rabobank’s rural banking business throughout the country.

Russell said Moynihan – who had worked for Rabobank NZ for the past 10 years in its Food & Agribusiness Research and Advisory division – was a “highly-credentialed career agri banker who has a deep understanding of NZ’s agricultural industries and its farm businesses as well as the wider global market”.

He said Moynihan had made a significant contribution to Rabobank and their clients through her highly-respected insights on the dairy industry and the wider food sector in NZ and internationally. 

Rabobank’s country banking franchise primarily serviced farming businesses across all of NZ’s agricultural sectors, together with commercial businesses in the food and agribusiness sector beyond the farmgate. 

Rabobank has a 17% share of the NZ agricultural debt market and has consistently grown this share over the past decade.

Before joining Rabobank’s research team in NZ, Moynihan led Rabobank’s London food and agribusiness corporate credit team.

She previously spent nine years as a rural and retail banker in NZ with Westpac and Trustbank.

Moynihan said after 10 years focused on agricultural research and analysis she was looking forward to returning to agricultural banking and working more closely with Rabobank’s Kiwi clients.

“The current challenges facing dairy notwithstanding, NZ has one of the world’s most dynamic and successful agricultural industries with a very positive and exciting long-term outlook in the global market.

“And I’m very much looking forward to taking an active role helping to lead Rabobank’s work supporting our NZ clients as they take advantage of this future growth potential.”

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