New appointees are: Kevin McDonald, Samantha Nel, Matt Rama, Simon Hargreaves, Matt Mobbs, and Reuben Tucker.
Since its official launch in October 2020, New Zealand financial services company P^werFinance has strengthened its team with a number of recent appointments, including board directors and advisers, executives and people with a wealth of finance and tech experience.
Previously chief risk officer at ASB, Kevin McDonald joins P^werFinance’s board as a non-executive director, strengthening the already significant financial experience of the board’s membership. Before moving to New Zealand a decade ago, McDonald headed the risk departments for the Royal Bank of Scotland and Barclays and is currently a director of TSB.
With more than 20 years spent within the ASB Treasury department, treasurer Samantha Nel has a host of experience in funding and liquidity management, asset and liability management, as well as balance sheet management.
Matt Rama joins as chief commercial officer, after spending 21 years as a business and tax advisor at PwC. Rama set up a tax pooling and finance business within PwC, as well as three other independent business ventures, all of which are successfully turning a profit today.
Simon Hargreaves is chief technology officer. Following his tenure at sports-betting company Betway, Hargreaves has a track record in world-class software engineering and will continue to evolve P^werFinance’s customer offering as it grows.
New chief operating officer Matt Mobbs has a strong background in banking as head of market risk, then global markets at ASB, Mobbs’ role is to oversee the operation and evolution of the P^werFinance platform, building a strong and sustainable business with his skills in market risk and portfolio management.
Bringing more than 25 years’ experience in the Asia-Pacific financial markets, Reuben Tucker is debt capital markets lead. In recent years Tucker has focused on the application of emerging technologies to financial services, and his background in supporting customers looking to re-vamp their financial offerings is an excellent fit for P^werFinance.
P^werFinance chair Bruce Baillie welcomed all new members to the team and said: “We couldn’t be happier with the team we have. Everyone brings a diverse range of skills and a real mix of different experiences both in New Zealand and abroad. With this wealth of talent coupled with our collective ambition, we are extremely excited for the future ahead.”
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