NZX’S TIM BENNET – TEN THINGS ABOUT AGRICULTURAL COMMODITIES GROWTH MANAGEMENT, NEW ZEALAND IN ASIA
Tim Bennet heads the New Zealand Stock Exchange (NZX), replacing outgoing Mark Weldon in the role.
Here’s Ten Things About Tim Bennet:
1. Agricultural Commodity Markets is a major starting focus point:
Bennet is gearing up for a year where agricultural market commodities are looking for growth and expansion in 2012 and beyond. Let’s call Tim “Farmer Tim” while he settles into the role then.
Bennet was educated at Wellington’s Victoria University in the nation’s capitol city. A Bachelor of Commerce & Administration later, Bennet graduated with an MBA from Pennsylvania’s Wharton School.
Asia is Bennet’s Specialty:
Boston Consulting is where he majored in Asia and then he switched to advisory firm Oliver Wyman in Singapore.
Early Market Feedback Expectations of Bennet’s Personal Stamp on the NZX:
“Mark Weldon created a strategic future now what the stock exchange needs is a communicator – someone who can sell a story,” said Brian Gaynor, an executive director of Milford Asset Management. Getting the exchange’s broking community on side, with a decent initial meet and greet wrangle introduction is also expected to occur.
What Bennet Inherits at the NZX
A stock market that’s already diversified away from stock trading revenue and listings to electricity, agricultural commodities, media and data services. He also inherits an ongoing legal dispute with the founders of the Clear Grain Exchange, the Australian grain trading platform that has undershot NZX’s expectations.
Being Theo Spiering’s Best Business Buddy Will Help Bennet Look Good
The exchange’s domestic markets need blostering, connectivity to Asia and other exchange operators is a must. Working with Fonterra’s globalDairytrade platform well as a creative supportive encourager is vital as to grow the exchange must boost agricultural market activities. Therefore, watching and assisting Fonterra as the dairy cooperative frees up trading in its shares and seeks to tap outside capital – will be a zenith starting point for Bennet to step into.
Good Global Markets Connectivity
Bennet’s ability to connect to global capital markets, while inciting streamlined productivity will be a strength. Compared to other world markets, The New Zealand stock exchange is very small, yet currently very viable. How Bennet will build on this New Zealand is excited about.
Forte is Agricultural Commodities Globally:
Combining agricultre trading with the Foundation NZX has estbalished in dairy futures conversion of capital gains in expanding and emerging dairy markets will ensure Bennet’s stamp on the NZX’s road ahead.
Bennet Inherits A Growing Exchange in 2012
Shares in NZX have gained 15 per cent so far this year and currently remain unchanged on $2.63.
My Thoughts: I guess “Farmer Tim, will decide what the story hori is himself, when he takes up the role.”
Exciting Times ahead for agricultural growth in New Zealand. Get on board the NZX future picture!
[News Source - BusinessDesk]
~Posted by Horiwood.Com, Aotearoa New Zealand, Polynesia Asia-Pacific. 1.2.12~