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People Digest: HQ Capital MD steps down; Endowus gets chief advisory officer

Private equity firm HQ Capital managing director in Hong Kong Lucian Wu has stepped down from his role after a seven-year stint. ....

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Business Insider: Greg Foran's year ahead: Dealing with an image problem

Business Insider: Greg Foran s year ahead: Dealing with an image problem
5 Feb, 2021 08:00 PM
6 minutes to read
Under CEO Greg Foran, Air NZ was slow to pick up on the PR damage being done by the credits and refunds crisis. Photo / Peter Meecham
NZ Herald
THE INSIDER
Stay up-to-date with The Insider, a weekly column featuring what s happening behind the scenes in business.
Foran s image problem
A year into the job as chief executive of Air New Zealand, Greg Foran will be
left in no doubt about what the role is all about.
First, airlines are fiendishly complicated businesses to run - exponentially so during a pandemic. Second, being boss of the national carrier comes with an expectation that he s going to face scrutiny from its majority owners: The hard-working taxpayers of New Zealand. Through the Government, the public owns 52 per cent of the airline and more if the latest state loan is converted to equity. ....

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North Ridge Partners appoints NZ partner

Investment bank has appointed experienced corporate adviser John Moore. ....

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Condivergence: Strategising finance in national development

After the Second World War, development strategy came into the fore as many independent nations had to think about how to deliver better jobs and incomes for their citizens.
There were essentially three schools of thought. The first was the Adam Smith-inspired neoliberal free market philosophy that was pushed through the Bretton Wood institutions, International Monetary Fund (IMF) and the World Bank. Second, Mahatma Gandhi in India and Latin Americans preferred the self-help strategy, supplemented by an import-substitution industrialisation strategy. The third path, which the Japanese led with the backing of America, was the export manufacturing model, which East Asia followed with great success. ....

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