This appointment marks a deliberate step in NZAB’s evolution. We’ve always believed that the future of New Zealand agriculture depends not only on strong farming performance but also on better access to capital, capital that is competitive, flexible, and aligned with the long-term nature of farming businesses. For too long, the sector has relied almost solely on the main trading banks. This over-reliance has not worked out especially well for either party at times making it clear that greater diversity of funding sources is essential to meet the capital requirements of the next generation of farmers and agribusinesses.

 

We are now actively progressing initiatives to bring new sources of capital into New Zealand, including offshore and private investors who see the strength and stability of our agricultural sector as a long-term opportunity.

 

These efforts are focused on ensuring that farmers have the capital they need to drive:

John’s appointment adds considerable horsepower to this mission. His understanding of credit risk, structuring, and capital markets will strengthen NZAB’s ability to connect great farming businesses with the right form of capital, at the right time, and on the right terms.

 

We’re excited about what’s ahead and expect to make several further announcements over the coming months as we continue to expand our capital capabilities and partnerships.

 

As always, our focus remains the same, helping New Zealand’s farmers succeed by ensuring they have access to the best financial thinking and the most suitable capital available. It’s this combination that keeps New Zealand’s primary sector powering regional economies and driving national prosperity.