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Hot Topic Hawke’s Bay
Comings & Goings
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CFO appointed at Northpower

Ollie O'Neill says he is joining at an exciting time for the electricity industry.

Tue, 09 Apr 2019

Ollie O’Neill has been appointed chief financial officer at Northpower.

Mr O’Neill’s career includes experience across varying business sectors. He has been involved with businesses from startups to listed enterprises, with his most recent role group chief financial officer for Ruralco, a diversified agribusiness based in Canterbury. 

His previous roles included finance and general management positions with Singapore-listed Lasseters Group, which operates hotels, wellness spas and casinos across the Asia/Pacific region and various finance roles within the European Commission based in Brussels.

“The electricity sector is in a constant state of change as it prepares for the adoption of new technologies,” Mr O’Neill says. “The opportunity for companies like Northpower is to continue collaborating on ways to provide efficient, tech-savvy, safe and reliable networks for the benefit of consumers.” 

“Northpower has a unique position that is both a network owner and also operates a large electrical contracting business, which enables Northpower to leverage these synergies to benefit both our customers and shareholders.

Mr O’Neill says the Northpower electricity network and the Northpower fibre network as well as the contracting division continue to perform very strongly. “Significant expertise and investment are being injected into all business units, which is laying a very solid platform to prepare us for a changing and somewhat unknown technology future.

 “This is an exciting time for the electricity industry which we feel will unearth numerous opportunities in years to come – just what some of those are I guess we will have to wait and see because there is no one answer to the evolution of electricity distribution, fibre communications and the increasing adoption of electric vehicles,” Mr O’Neill  says.

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