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Rabobank NZ announces new general manager, Country Banking

New Zealand, North Korea
Rabo
Executive Changes

(10 June 2015 – New Zealand)  Rabobank New Zealand has announced the appointment of 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 the role from 2 July, 2015.

Reporting to Rabobank New Zealand chief executive Ben Russell, the general manager Country Banking will be responsible for leadership of Rabobank’s rural banking business throughout New Zealand.

Moynihan has worked for Rabobank New Zealand for the past 10 years in its Food & Agribusiness Research & Advisory division, most recently as director of Dairy Research, New Zealand and Asia.

Chief executive Russell said Moynihan was a “highly-credentialed career agri banker, who has a deep understanding of New Zealand’s agricultural industries and its farm businesses as well as the wider global market”.

She will bring significant experience, knowledge and an innovative approach to our core rural banking franchise,” Russell said.

Rabobank’s Country Banking franchise primarily services farming businesses across all of New Zealand’s agricultural sectors, together with commercial businesses in the food and agribusiness sector beyond the farmgate.

Rabobank has a 17 percent share of the New Zealand agricultural debt market, and has consistently grown this share over the past decade.

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

She previously spent nine years as a rural and retail banker in New Zealand 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 New Zealand clients.

“The current challenges facing dairy notwithstanding, New Zealand 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,” she said.

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