Summer 2012/2013

KONNECTIONSA new dawn for the Tauranga officeAdvisory a major focus for KPMG

Our alumni tall poppies

A fresh focus on supporting our communities

K P M G N e w Z e a l a N d ’ s M a G a Z i N e f o r o u r a l u M N i

01 Welcome to Konnections an overview from ross Buckley and Paul Herrod

02 Advisory a major focus for KPMG Tracking to become a market leader in the consulting space

04 The network at work Helping alumni succeed

06 Christchurch: our city of the future a region ripe with opportunity

08 A new dawn for the Tauranga office KPMG Tauranga is ringing in the changes

10 Farewell & welcome announcement of Partner movements

11 Our alumni tall poppies wondering “where are they now?”

22 A fresh focus on supporting our communities

delivering benefit for New Zealand’s non-profit organisations

24 Work hard, play hard our alumni, clients and staff in action

26 Movers and shakers who’s gone where?

In issuethis

02

11

08

froNT CoVer PHoToGraPHy by amanda aitken, living Visions Photography. ediTor Janeen Buchanan. CreaTiVe amanda Gould, sarah Comer.

wriTer libby schultz. for furTHer iNforMaTioN regarding Konnections please contact Janeen Buchanan, KPMG Brand Manager on

09 367 5949 or email jbuchanan@kpmg.co.nz. KoNNeCTioNs is published by KPMG New Zealand, 18 Viaduct Harbour avenue. subscribe

to Konnections by emailing moversandshakers@kpmg.co.nz

Welcome / Ross Buckley + Paul Herrod 01

Kia OraWElCOmE TO ThE SummEr 2013 EdITION Of KONNECTIONS, yOur alumNI magazINE ThaT brINgS yOu baCK INSIdE ThE buSINESS.

Happy new year to all of our alumni. as we reflect on 2012, it was another

big year for the KPMG team in New Zealand.

we were lucky enough to be the recipients of several international award

accolades. This included the ‘innovation in the Graduate Market’ category

award, for our fresh approach to recruitment, at the australian Graduate

recruitment industry awards; and the overall ‘Best of Brand award’ in KPMG

Global’s Best of Brand awards for 2012. in winning the Best of Brand award,

we were recognised for having “made a firm-wide and visible commitment

to our brand” through our proposals, events, integrated campaigns, internal

engagement, magazines and thought leadership.

at KPMG, we are all about inspiring business success and fuelling prosperity

– for the benefit of our wider communities, our clients, and of course our staff.

our sponsorship of the 2012 fast5 Netball world series was one of the ways

we delivered this in 2012. To us, it demonstrated our ongoing commitment of

being a passionate supporter for New Zealand’s most loved sports.

in Tauranga, we moved to a brand new building, and from the first of this

month joined forces with local accounting and strategy firm frasers. The

new year has also begun with Paul McPadden taking over from Mark

Kippenberger as the National Managing Partner for Business advisory. Paul

is bringing through some fresh initiatives that will enable us to be even more

relevant to privately owned and sMe businesses.

advisory continues to be a major driver for the firm’s growth. we have more

than doubled our advisory team in the last three years, and in 2012 advisory

was more than 70% the size of audit in revenue terms.

The 2013 New year honours list has just been announced, and on behalf of

all of us at KPMG we would like to congratulate alan isaac (KPMG Chairman

and Ceo 1996 – 2006) for being made Companion of the order of Merit in

recognition for his services to cricket and business.

Thank you to our many alumni friends who have called upon us to help them

and their organisations achieve their goals during the course of last year. we

look forward to enabling you to do great things in 2013.

Ross Buckley Paul Herrod

executive Chairman Chief executive

Ross Buckley Executive Chairman

Paul Herrod Chief Executive

We will be hosting alumni events later this year and we look forward to seeing you then, if not before.

“

02 Konnections / Summer 2012/2013

yOu hEard IT hErE fIrST – KPmg NEW zEalaNd IS TraCKINg TO bECOmE a marKET lEadEr IN buSINESS CONSulTINg.

“KPMG’s heritage in audit and Tax has given

us an outstanding reputation for financial

rigour and discipline – and we’ve always

been number one or two in the audit space.

we now have a clear strategy to build our

consulting services to a similar size.”

The journey began back in 2009 when KPMG

set a firm-wide goal to be number one in the

market by 2015.

“one of the key areas identified for growth was

our advisory offering, and we’re already well

down the track,” says alan.

in three years our consulting team has more

than doubled to around 170 people. This year,

advisory will be more than 70% the size of

audit in revenue terms.”

advisory is comprised of three teams –

Management Consulting, risk Consulting,

and Transactions & restructuring.

“from our pool of expertise in those three

areas, we can effectively respond to any need

or issue our clients may face,” says alan.

“we have more than 170 specialists spanning

a wide range of practice areas. and if we

don’t yet have the specialist capability on the

ground in New Zealand, we will source it from

within our networks in australia and globally.”

in particular, Management Consulting

spans a number of relatively new service

areas – such as value for money assessment,

programme and portfolio management,

strategic & commercial intelligence, and leaN

improvement processes. and our offering

within the more established consulting areas

of information Technology and financial

Management continues to expand across

business intelligence, cost optimisation,

testing and information architecture. we have

the most experienced team of public private

partnership specialists in New Zealand and

National Managing Partner of advisory alan Brame says the fast-growing advisory division is the “growth engine” that’s driving expansion of the firm.

KPMG

Advisoryamajor

forfocus

Alan Brame National Managing Partner – Advisory

Consulting a major focus for KPMG / Alan Brame 03

advISOry

we’re busy enabling critical capital works to

be funded across the country.

risk Consulting is also growing, in response

to the increased regulatory environment. The

last two years have been a busy time for the

team, with souella Cumming providing risk

management services that kept the rwC 2011

tournament on the rails for our country. and,

more recently, undertaking the independent

review of aCC’s privacy breaches and whole

of Government iT security review. we have

been proud to be able to bring our skills to

these important projects for the country.

in terms of recruitment opportunities, alan

says the firm is planning for significant growth;

particularly in Management Consulting, where

another 30 people will be recruited for the

division this year.

“we’re looking to attract the best talent here

and offshore – both within and outside the

KPMG network. for example, we brought over

a partner from KPMG New york, stephen Bell,

who has developed a significant forensics

practice in just two years.”

maNagEmENT CONSulTINg

rISK CONSulTINg

TraNSaCTIONS & rESTruCTurINg

iT strategy & Value

financial Management

Business operations

infrastructure strategy & Transaction

Project advisory

Technology intergration

Customer Growth

People & Talent

operational strategy

risk Management

regulation & Compliance

forensic

Governance

internal audit

internal Control assurance

Technology risk

sustainability

Transaction services

Corporate finance

restructuring services

MC RC T&R

Adviseme

adviseme@kpmg.co.nz

Would you like to explore further how KPMG

Advisory could assist your organisation?

Are you interested in discussing future

career opportunities with the Advisory team?

04 Konnections / Summer 2012/2013

Helping alumni succeed

The

work: atnetwork

The network at work / Helping alumni succeed 05

They say it’s the people you knew ‘way back when’ who really know you best. KPMG alumni Mary Gardiner – who more recently became a client of the firm – talks about the advantages of doing business with people you know.

Mary began her career with KPMG as

an auditor in 1988. as well as stints in

dusseldorf and sydney, she was a senior

Manager in the auckland office from 1995-

2000. although she’d always kept in touch

with KPMG colleagues, it was in her most

recent role as Cfo of radius Health Group

that she began working with them again.

Tony McNaught and his Transactions &

restructuring team were appointed to manage

the sale of radius Pharmacy and radius

Medical. The largest shareholder was a private

equity fund underwritten by a Bahrain-based

subsidiary of Kuwait finance House.

Prior to this transaction, Mary had worked

with KPMG on a number of projects at radius.

“we did an ifrs transaction in 2007, which

was a highly technical piece of accounting.

Jamie sinclair came and worked for us on

contract for about six months. Justin ensor

had also helped on an impairment test model.”

“when the sale of radius came up, our

directors spoke with three different advisors

about the opportunity, and they felt Tony was

the person they wanted to work with.”

KPMG set to work producing a 60-page sales

memorandum, identifying potential buyers,

and managing the process of getting the

bids in. This was followed by due diligence

and robust negotiations with the successful

purchaser, Pharmacy Brands.

“it was a lot of work, and it was quite

a complex transaction,” says Mary.

“Tony assembled a really good team.

we appreciated his constant focus on

getting a successful sale; and his ideas

and creativity in solving some of the

roadblocks we encountered.”

“The sale process had to be managed

carefully and collaboratively, and i think

Tony and his team really tuned into that.

There was also good teamwork between

KPMG and our solicitors from Chapman

Tripp, which was another success factor.”

according to Mary, working with former

colleagues definitely has its advantages.

“Because you’ve already established that

professional respect and level of trust, you

can get straight down to business. you don’t

need to go through the process of getting to

know someone and learning how they work.”

“Having come from a KPMG background

myself, i think there’s a certain culture you can

recognise in people from the firm. Tony is an

example – someone who’s straightforward,

genuine and easy to work with. you

immediately feel you’re in good hands.”

from the other side of the fence, Tony

McNaught also appreciated having a

‘like mind’ on the job.

“it was great to work with Mary on this

transaction. radius was a complicated

business, and we received a lot of questions

during due diligence. Mary is very thorough –

she always had excellent records and could

get to the bottom of things very quickly.”

since the radius sale, Mary has continued

as Cfo for the company on a contract basis.

she is also contracting to Hiway stabilisers

New Zealand – a role that arose through

KPMG’s contacts with the firm.

“i was introduced to Hiways by Tony, who

had handled the sale of that business to

direct Capital. KPMG also provide tax and

audit services to Hiways. you do sometimes

get the feeling that KPMG are everywhere!”

“having come from a KPmg background myself, I think there’s a certain culture you can recognise in people from the firm. Tony is an example – someone who’s straightforward, genuine and easy to work with. you immediately feel you’re in good hands.

Mary Gardiner

Mary Gardiner

06 Konnections / Summer 2012/2013

according to KPMG Christchurch office managing partner Paul Kiesanowski, it’s a region that’s ripe with opportunity.

“The current business climate in Christchurch

is positive,” he says. “The challenges we’ve

faced in the last 18 or so months have

presented a unique opportunity: for us to

play our role in influencing the rebuild of

New Zealand’s second largest city.”

“Today, the Canterbury region leads all the

economic indicators; we’re seeing increasing

evidence of rebuild activity and employment

growth is strong. There’s a lot of positivity

around and i don’t see that diminishing as

we rebuild this magnificent city.”

Given the scale of the rebuild in Christchurch

there’s a real opportunity to think laterally

about how infrastructure investment is

approached. innovative thinking on how

housing, planning and transport could be

improved will not only boost the labour

market, but also increase productivity and see

significant social and environmental benefits.

with the City Plan identifying the need to

form partnerships with the private sector,

we’re keen to play our role. Practical

solutions do exist to help overcome short-

term affordability constraints due to lack of

available capital, and these allow the best

infrastructure to be created that will offer

long-term prosperity to Christchurch, to the

region and, ultimately, to New Zealand.

as we delved into KPMG’s global network

we have found a wealth of best practice

experience from around the world – and

some pretty hard learned lessons – that will

help attract infrastructure investment and

expertise into Christchurch.

“Building on this experience, we’ve run a

series of events for the Canterbury business

community, titled ‘Christchurch Conversations’.

They’ve been really successful, well-attended

events, in the main focused around the

rebuild,” says Paul.

a robust commitment from Government

has helped too.

“in the last few months we’ve hosted

business leaders at informal events with

Gerry Brownlee, david Carter and John

Key. in fact, it was the Prime Minister’s

first opportunity to speak to a gathering in

Christchurch following the release of the

rebuild Blueprint.”

so this summer, if you find yourself visiting

the Garden City and interested in catching up

with old colleagues, or you’re keen to attend

one of our future events, please don’t hesitate

to get in touch.

If yOu’vE bEEN CONTEmPlaTINg a mOvE TO CaNTErbury, ThErE’S NEvEr bEEN a bETTEr TImE ThaN NOW.

Christchurch:

Our ofcity futurethe

Photography:Main: Re:START

Mall by Paul Kennedy

Far right: Rt. Hon. John Key at KPMG’s

Christchurch Conversations

Welcome / Ross Buckley + Paul Herrod 07

The Key factorJohn Key has links with KPMG in Christchurch

that go back to the days when he was a fresh-

faced graduate.

KPMG Christchurch office Managing Partner

Paul Kiesanowski was John’s very first boss,

hiring the future PM as an audit grad at the firm

McCulloch Menzies (later deloitte) in 1982.

“i do recall identifying him as someone who

had very good interpersonal skills,” says Paul.

“He got on well with people and could build

relationships very easily.”

Paul also became John Key’s electorate

Treasurer when he first entered Parliament

in 2002, a role he enjoyed for six years before

heading south to manage KPMG’s south

island operations.

Rt. H

on. John Key at KP

MG

’s Christchurch C

onversations.

08 Konnections / Summer 2012/2013

A new dawn

officefor theTauranga

KPmg IN TauraNga IS rINgINg IN ThE ChaNgES ThIS yEar – havINg mOvEd TO a braNd NEW buIldINg aNd jOINEd fOrCES WITh a lEadINg lOCal fIrm.

KPMG has merged with local accounting and strategy firm frasers which was effective from the first of this month.

as Tauranga office managing partner Glenn

Keaney explains, the move is part of KPMG’s

growth agenda in the Bay of Plenty.

“our two businesses are very complementary

in many areas. frasers has a great reputation

and a strong client base of larger-sized

private owned businesses (sMes) in the Bay

of Plenty, which is a good fit for our Business

advisory services,” he says.

“with the merger, we’ll clearly be number

one in the Bay of Plenty market.”

The six-strong frasers’ team, including

principal Graeme fraser, will join their KPMG

colleagues in their new purpose-built CBd

office building.

“including the four graduates who’ll also be

joining us in the new year, we’ll have a staff

of 75 to serve our clients in the Bay of Plenty,”

says Glenn Keaney.

“The new building gives us the capacity to

grow up to 100 and continue to serve the

region’s great blue-chip companies including

the likes of Port of Tauranga, Zespri, Comvita,

Ballance agri-Nutrients and Craigs investment

Partners and the many privately owned

businesses in the area.

Glenn says the firm’s work has an agri-

business focus, coupled with the associated

port and transport sector, as well as a strong

sMe focus.

Tauranga has an export-focussed business

community that’s very forward thinking and

innovative. we get to do some challenging

and exciting work.

We continue to serve the region’s great blue-chip companies including the likes of Port of Tauranga, zespri, Comvita, ballance agri-Nutrients and Craigs Investment Partners and the many privately owned businesses in the area.

“Glenn Keaney

Photography:Amanda Aitken,

Living Visions Photography

A new dawn for the Tauranga office 09

it’s got everything you want in a new

address – central location, stylish design,

high-calibre neighbours, and a great cafe

on your doorstep.

“it has a great feel to it – with open plan

design, natural light and fantastic harbour

views,” says Glenn Keaney.

“as well as enhancing connectivity between

partners and staff, we’ve also improved

our client-facing amenities – with a larger

of it all

At thecentreKPMG Tauranga’s new office is on the third floor of the brand new aNZ Centre. located at 247 Cameron road, it’s the largest office development in Tauranga for nearly 20 years, with almost 8000 sqms of tenantable space.

boardroom, meeting rooms and informal

meeting spaces.”

other tenants in the aNZ Centre include

leading Tauranga firms Cooney lees Morgan,

staples rodway, Bayleys real estate,

rothbury financial services, aurecon and

of course aNZ. if you’re popping in for a

coffee at the excellent elizabeth Cafe &

larder, also situated in the building, be

sure to let the Tauranga team know.

10 Konnections / Summer 2012/2013

Farewellwelcome&

to some of our partners

Our congratulations to Alan Isaac KPMG Chairman and Ceo 1996 – 2006

alan has made the 2013 New year honours list as Companion of the order of Merit

in recognition for his services to cricket and business.

farewellsince the last edition of Konnections, we farewelled three of our senior partners:

russell florence

Bill wilkinson

andrew dinsdale

They each made a significant contribution

to the firm’s strategic direction and growth

during their 40 or so years with the firm and

we wish russell, andrew and Bill a long and

well-deserved retirement.

Welcomewe welcome three new partners:

Vina, sanel and Matt join a team that is passionate about providing value

to New Zealand business and helping fuel the prosperity of our clients.

Vina Hira Tax / Hamilton

sanel Tomlinson Audit / Auckland Returned from secondment in London

Matt diprose Audit / Auckland

Welcome / Ross Buckley + Paul Herrod 11

KONNECTIONS SPEaKS TO fIvE alumNI abOuT WhaT ThEy arE uP TO NOW.

Our

poppiestallalumni

12 Konnections / Summer 2012/2013

CONgraTulaTIONS ON yOur aPPOINTmENT.

WhaT arE yOu mOST lOOKINg fOrWard TO?

one of the most exciting aspects of my new

role is the opportunity to see the new aNZ

through the next stage of its evolution. we’ve

just completed a very successful systems

conversion, and combined the two brands

of aNZ and National Bank.

The leadership team and i are really excited

about the proposition the new aNZ has for

New Zealanders -– more branches, more aTMs,

more bankers and a greater contribution to the

country than any of our competitors. i think

it’s going to be a very exciting couple of years

ahead, and i’m really delighted to be part of

that as part of the leadership team.

antonia WatsonCuRRenTly:Newly-appointed to Cfo, aNZ Bank, New Zealand

WiTH KPMG:audit, auckland, 1992–1995

yOu’vE alSO OvErSEEN SOmE ChaNgES TO aNz’S fINaNCE

TEam IN rECENT yEarS?

we’ve embarked on a journey to develop a world-class finance team.

as part of that we’ve been looking at ways to simplify, standardise

and consolidate processes across the business. for instance,

instead of having one person accounting for impaired loans for retail

and another person doing it a different way for commercial, we’re

looking to make that standard.

The recent system and brand conversion has helped an enormous

amount on that journey, because we’ve had to look at what we do

really hard to assess the impacts of a systems change on it. we’ve

learned a lot about what we do, and were able to stop a number

of redundant processes.

in recent years we’ve also developed centres of excellence

wherever we identify it’s appropriate; that might be in australia,

or New Zealand, or one of our offshore hubs.

TEll uS abOuT yOur TImE WOrKINg IN huNgary.

i was general manager for a business services

and technology centre that Morgan stanley

established in Budapest. we’d identified activity

that could be off-shored for our North american

and european market. Budapest was a two-

hour flight from london, and still offered a lower

cost environment. we already had a very small

mathematical modelling centre there. Hungary

has a huge maths tradition, so we had Hungarian

maths Phds doing very complex modelling for

our trading business.

we set up the centre in 2006. i was the first

person on the ground, and i had an analyst and

an Hr person working with me. we took it from

the three of us to over 800 people in just under

three years. it was an exciting time.

Our Alumni tall poppies / Antonia Watson 13

WhaT WErE SOmE Of ThE CulTural dIffErENCES?

one thing i found funny was the insistence on having natural light

and air. The staff would want all the lights off in the office and all the

windows open. we had these beautiful modern buildings and they’d

say ‘but we can’t open the windows’. They’d all be sitting in the dark

and i’d go around turning the lights on, and they’d be turned off again

five minutes later. it was extraordinary.

Hungary is actually situated in the dead centre of europe, but despite

that has maintained a strong and distinctive culture. They don’t like it

when you call it eastern europe; it’s central europe.

That central location was great from a travel perspective. My husband

and i could travel very easily to another capital city for a long weekend.

we’re big foodies, and our travel tends to revolve around food.

dO yOu ThINK ThErE’S EqualITy fOr NEW zEalaNd WOmEN

IN ThE TOP jObS IN 2012?

i think there’s a genuine intention out there; my appointment is an

example of that. However it’s easier for me because i don’t have kids.

at the end of the day, organisations are making their choices to recruit

the best person and to promote women – but women are also making

their own choices around family and other commitments being more

important than the money or professional career. we need to better

balance those two things, because we are missing out on really

highly qualified and competent women.

WhaT advICE WOuld yOu gIvE TO a yOuNg

fINaNCE PErSON juST STarTINg OuT?

The big 4 audit experience will really set

anyone up for a finance career. i would

always look at that highly favourably when

hiring, because the disciplines it provides

and the understanding of operational risk

are really important.

My other advice is about taking ownership,

driving excellence and demonstrating your

value. if you’re just going to do your day job

and go home, you’re probably not going to

get where i have. you need to have a genuine

interest in what you’re doing, and want to

deliver to that next level.

WhaT arE yOur ONgOINg lINKS WITh KPmg?

we have a good relationship with the audit team – they bring a

good pragmatic approach to the table. They’ve been a stable team,

particularly in the senior ranks, which is really helpful in terms

of continuity.

on a personal level, some of my best friends are people i met at

KPMG. we all went off to london together and a bunch of us ended

up in sydney as well. it’s a little more dispersed now, but a lot of us

are back in auckland. i love going to the alumni functions because

of all the people you can catch up with – in your year, and the years

above and below.

Some of my best friends are people I met at KPmg. I love going to the alumni functions because of all the people you can catch up with.

“

14 Konnections / Summer 2012/2013

WhaT’S a TyPICal day fOr yOu?

My role covers three key areas of finance. firstly, we do all the

accounts for the stores. in the portfolio there are 26 Pak’nsaves,

49 New worlds, eight Gilmours, and 109 four squares. secondly

there’s the funding side; arranging debt and making sure the

cashflows are sufficient. Thirdly there’s a team doing office and

payroll support for the stores.

a lot of my role is interacting with the store owner-operators,

who i describe as my ‘captive client base’. we’ve had a number of

changes of ownership in the past year, with some older store owners

deciding to move on after a long career with foodstuffs; so we’ve

effectively done 12 mini M&a transactions in the past year, which

is unprecedented. There’s never a dull moment.

hOW WOuld yOu CharaCTErISE yOur rOlE?

our retail revenues are approximately $4.4

billion. so although each individual store isn’t

all that big, it adds up. and if you think of it

in that context, you’re running an accounting

and finance function for a pretty substantial

organisation.

on the funding side, the role is like the basic

functions of a bank manager. we have $300m

debt exposure that doesn’t always need active

management, but it does create a need when

we do redevelopments or new stores, or have

a change of ownership.

yOu’rE alSO INvOlvEd IN ThE TEChNOlOgy

SIdE Of ThINgS?

we’re introducing saP into the stores and

i’m involved in that as more of a high-level

sense check – trying to think how it will

impact the stores from an accountant’s

point of view. it will also impact our internal

processing; we’ll be moving from a six-

monthly account preparation to more of a

corporate monthly accounting and real time

trading profitability.

CharlesWiddicombeCuRRenTly:retail finance Manager, foodstuffs

WiTH KPMG: Transactions & restructuring, auckland, 2003–2011

We use the term ‘promiscuous shoppers’ to describe people who shop around to get the latest deal; or they might buy their meat from the butcher, or fruit from a greengrocer. Our aim is to bring them back to shopping under one roof.

“

Our alumni tall poppies / Charles Widdicombe 15

WhaT havE yOu lEarNEd abOuT

ThE grOCEry buSINESS?

supermarkets are actually very interesting

businesses. To be successful, an owner has

to be a smart businessman or woman, and

be good at managing large teams.

it’s a lot more competitive and complex than

people think. store owners have to make

hundreds of decisions daily – on everything

from the presentation of the store, to

promotion, and calculating volumes on what

you’re buying and selling. The average Pak’ n

save ranges around 7-8,000 products and a

New world can get up to 14,000 products.

WhaT arE SOmE Of ThE fuTurE TrENdS?

it’s said that every 10-20 years, there’s a

new format in supermarkets that drives the

growth again. Pak’ n save was an eighties

phenomenon. The most recent trends are

towards the metro supermarket, and a

greater focus on fresh deli-type foods.

we use the term ‘promiscuous shoppers’ to

describe people who shop around to get the

latest deal; or they might buy their meat from

the butcher, or fruit from a greengrocer. our

aim is to bring them back to shopping under

one roof.

another trend, particularly in auckland, is

the growth of the asian population. we’re

always looking to tailor our offering to the

needs of the market. one of our advantages

at foodstuffs, with our range of stores, is

that we have flexibility to adapt to new

formats. Countdown has more of a cookie-

cutter approach with the size and format of

their stores.

WhaT WaS ThE mOST valuablE ThINg yOu lEarNEd aT KPmg?

i think being in a professional services firm does instil in you certain

standards of quality – for things like report writing, analysis and

presentation of financial information. when you think of the reports

KPMG do, they do have impact and provide important insights into a

business. That will be one of the great opportunities for us when saP

comes on. we’ll be able to provide those insights and add value to

members in our reporting.

yOu’rE CurrENTly PrESIdENT Of ThE

CharTErEd fINaNCIal advISOr (Cfa) SOCIETy

Of NEW zEalaNd. WhaT dOES ThaT INvOlvE?

i got my Cfa charterholder designation

in 2006, and soon after that i started

volunteering for them. i’ve been president

for a year. it involves overseeing everything

we do – talking to the regulators, helping

candidates through the process, and helping

to run member events.

The international speakers always give us

quite a different view of the world, particularly

from the us where their capital markets are

so much more developed and interesting.”

16 Konnections / Summer 2012/2013

WhaT brOughT yOu frOm lONdON TO

WEllINgTON?

i grew up in london, went to uni in edinburgh,

and had a gap year when i came to New

Zealand on a working holiday visa. i went

back to london, but New Zealand was

always in the back of my mind. i love the

New Zealand lifestyle; having the outdoors

on your doorstep. after working at KPMG

in london for just under three years, i was

seconded to wellington at the start of 2005.

i started at icebreaker in mid 2008. i actually

became a citizen last November so i guess

i’m here for the long haul now.

WhaT aTTraCTEd yOu TO ThE rOlE aT ICEbrEaKEr?

i think the global nature of it. as well as head office in wellington,

icebreaker has seven overseas finance teams, in each market where

we have a subsidiary. To me that was one of the attractions of the job.

a lot of New Zealand companies are the relatively tiny subsidiary of

a big international corporate. icebreaker is the opposite – it’s a mini

multinational that has all these operations based overseas but led

from New Zealand.

another attraction was the opportunity to join a fast-growing local

company that was taking a New Zealand product to the world.

WhaT’S ThE CulTurE lIKE?

it’s quite a young company and fast-growing. Things change rapidly.

you can contribute to that change and see it happen in a short space

of time.

The company is big enough that there’s interesting challenges,

but small enough that you have exposure to different parts of finance.

andy WellsCuRRenTly:Group financial Controller, icebreaker

WiTH KPMG:audit, wellington office, 2005–2008

I went back to london, but New zealand was always in the back of my mind. I love the New zealand lifestyle; having the outdoors on your doorstep.

“

Our alumni tall poppies / Andy Wells 17

WhaT’S bEEN yOur bIggEST lEarNINg CurvE?

when i came here i had to learn to be a lot

more succinct in presenting and reporting

information. as a company, we say we

communicate in bullet points, not paragraphs.

The audit methodology requires a whole lot

of wordy documentation – but here, it’s a

case of ‘give me the headline on what it

means’. The head of marketing or design

doesn’t want to know or read all the detailed

analysis, just your recommendation.

WhaT WaS ThE mOST valuablE ThINg yOu lEarNEd aT KPmg?

i think it was being exposed to senior management at some high

profile firms, gaining experience at presenting to audit committees,

and having the confidence to do that without being intimidated.

i was often in meetings with senior people that were at least ten

years older than me... which was like my final-round icebreaker

job interview!

icebreaker is a KPMG client. i worked closely with Paul McPadden for

a number of years at KPMG, so he’s a familiar face on our tax work.

Kim Jarrett advises on our customs and transfer pricing arrangements.

aNd KPmg WaS rESPONSIblE fOr aNOThEr

ImPOrTaNT lIfE EvENT?

i met my wife liang at KPMG; she’s also

an alumni. we got married two and half

years ago and had our first child, Caitlin,

nine months ago.

we have a bit less free time these days,

obviously. But when we were new to

the country, liang and i did quite a lot of

travelling around exploring New Zealand.

WhO’S ThE buSINESS PErSON yOu admIrE

ThE mOST?

as well as the achievements of our Ceo

Jeremy Moon – who’s built icebreaker

from scratch these past 16 years – i’m very

impressed with what rob fyfe has done

with air New Zealand. He’s recently joined

icebreaker as a director, but that’s not why

i’m saying it! as a frequent flyer since my

first trip here, i’ve admired the way he’s

transformed that airline and built a company

that now represents New Zealand so well

on the world stage.

Icebreaker is a KPmg client. I worked closely with Paul mcPadden for a number of years at KPmg, so he’s a familiar face on our tax work. Kim jarrett advises on our customs and transfer pricing arrangements.

“

18 Konnections / Summer 2012/2013

TEll uS abOuT yOur rOlE, aNd WhO yOu’rE WOrKINg WITh.

it’s a relatively small team. There’s a total staff of just under 90, but

the office team is only 14 people. There are seven of us in finance,

including five accountants. a large part of my role is keeping my eye

on inventory levels and managing the large cashflows – particularly

as we’ve just invested heavily in some state-of-the-art machinery.

we spend a lot of time analysing margins and supermarket deals

and considering what to invest in next.

it’s very much a jack-of-all-trades type role. i’ll even help load export

containers from time to time. Part of my role is also Hr – so that’s

dealing with a different set of issues, particularly with staff from a

diverse multicultural background.

dO yOu gET yOur daIly ChOCOlaTE fIx?

i’m self-appointed Chief Chocolate Taster. it’s definitely an enjoyable

part of the job, being involved in the development of new flavours of

chocolate. The management team will sit around the table and decide

what we’d like to try next. My current favourite is white raspberry

– it’s been a huge hit. That idea actually came out of a local school

young enterprise team who wanted to raise money for Breast Cancer

week. we ended up contributing over $70,000 to the Breast Cancer

foundation as a result.

WhITTaKErS’ WaS rECENTly vOTEd Nz’S mOST

TruSTEd braNd by rEadEr’S dIgEST. WhaT

dOES ThaT mEaN TO yOu?

it makes you quite proud to work here.

we get the best ingredients from all over

the world. we don’t use palm oil, we don’t

skimp on ingredients, it’s real quality. our

mission is to ‘make the world’s best chocolate

in Porirua’.

it’s still a family-owned business, and andrew

and Brian whittaker are on the factory floor

in their overalls each day. They’re not solely

interested in making a profit. your typical

accountant might say ‘we’re not making

enough on this particular bar’... but if it’s a

product the consumer wants, we’ll make

it as good as it can possibly be.

ross PritchardCuRRenTly:Cfo, whittaker’s Chocolate

WiTH KPMG:audit, wellington office,1998–2006

It’s very much a jack-of-all-trades type role. I’ll even help load export containers from time to time. Part of my role is also hr – so that’s dealing with a different set of issues, particularly with staff from a diverse multicultural background.

“

yOu’rE NOW WOrKINg WITh KPmg aS a ClIENT?

we use KPMG a lot; as business advisors, auditors and for tax. right

now we’re looking to implement a new end-to-end iT system that will

cover everything from forecasting sales and purchasing raw materials

through to inventory, B2B sales and management reporting. we’re

working with angela [abernethy] and the iT consulting guys on that.

WhO haS had ThE mOST INfluENCE ON yOur CarEEr?

i loved working with ross Buckley. He provided me with a lot of

guidance and showed me how to do things commercially. i could see

he’d have the top job one day. He had such a good rapport with staff.

i learned a lot about managing people from him.

WhaT ChaNgES havE yOu SEEN IN yOur

TImE ThErE?

The Cadbury palm oil debacle was a biggie;

it was the catalyst for a lot of change. it was

a stressful time, but it doubled our turnover

and market share overnight.

i’ve been here nearly seven years. during that

time our turnover has nearly trebled, our staff

numbers nearly doubled, and there’s been

non-stop investment in plant and machinery.

our range has increased dramatically and

moved into new overseas markets.

WhaT dO yOu mOST ENjOy abOuT yOur jOb?

Because of the relatively small size of the

business – most people think we’re much

larger than we are – i get to be involved in

most business decisions. i also love the

variety of the work and being able to see and

understand the whole business. one of my

earlier responsibilities was buying all the raw

materials from around the world; that was

really interesting.

Our alumni tall poppies / Ross Pritchard 19

The Cadbury palm oil debacle was a biggie; it was the catalyst for a lot of change.

“

20 Konnections / Summer 2012/2013

bevan millerCuRRenTly:Newly-appointed as Cfo of NZX limited

WiTH KPMG:audit, wellington office, 1994–2000

CONgraTulaTIONS ON yOur Nzx aPPOINTmENT. WhaT aTTraCTEd

yOu TO ThE jOb?

i’m looking forward to having a new business to learn all about –

and the fact it’s one that touches so many aspects of New Zealand’s

economy. My challenge will be getting up to speed quickly, so i

can make a meaningful contribution to the organisation meeting its

goals. There will be some aspects that i’ll be familiar with, and other

components that will be quite new.

hOW WOuld yOu dESCrIbE yOur PrEvIOuS

TImE WITh aCurITy hEalTh grOuP?

it was a very busy period for the company

– with acquisitions, divestments and a partial

takeover; all during a time of difficult market

conditions. i’d like to think i provided a

strategic focus and a steadying leadership

through turbulent times.

yOu WErE alSO WITh TElECOm bEfOrE ThaT

i enjoyed my time at Telecom. it was a

technically complex and rapidly changing

business. There were some very smart

people and a great deal of capability in the

organisation – so when it set its mind to

do something, it would happen. it’s also a

business that receives a lot of scrutiny, of

course. Nothing you did was ever ignored.

I’m looking forward to having a new business to learn all about – and the fact it’s one that touches so many aspects of New zealand’s economy.

“

our alumni tall poppies / Bevan Miller 21

WhICh SKIllS lEarNEd aT KPmg havE

STOOd yOu IN gOOd STEad?

Many of the disciplines that i learned have

stayed with me, particularly from audit. audit

teaches you a very objective way of looking

at a business; and promotes the assessment

of risk in decisions you make.

The diversity of clients i worked with at

KPMG has also set me up to be more

adaptable. My clients spanned banking,

transport, manufacturing and retail. one

of the beauties of working in a office the

size of wellington’s, as opposed, to say,

KPMG london, is that you’re exposed to

a whole range of different businesses.

WhaT’S ThE bEST PIECE Of CarEEr-rElaTEd

advICE yOu’vE EvEr rECEIvEd?

it was given to me by a former boss, at a

time i was very frustrated in a role. it was

along the lines of: ‘don’t make a hasty career

decision based on a short-term situation’.

you’re better to wait for the right opportunity

to come along.

hOW dO yOu KNOW WhEN aN OPPOrTuNITy IS ThE rIghT ONE?

when i’m considering a career move, i base my decision on

two questions. firstly, how will the role build on the skills i

already have so i’m more likely to be successful at it? secondly,

will it have sufficient challenge and bring new opportunities?

i also have to feel engaged with what the business does

– that it’s meaningful and makes a contribution.

NamE a hOmE-grOWN buSINESS yOu admIrE?

i can think of two examples, at opposite ends of the spectrum.

Ground effect is a Christchurch-based company that makes cycle

clothing. as a customer, every interaction you have with them is very

aligned and they really live their brand. you can tell they’re passionate

about what they do.

fisher and Paykel Healthcare is a company that’s achieved world-

class standing in a very high tech environment. it’s a difficult kind of

business to launch from New Zealand, so it’s particularly impressive.

don’t make a hasty career decision based on a short-term situation. you’re better to wait for the right opportunity to come along.

“

22 Konnections / Summer 2012/2013

some highlights of our new Csr direction include:

• delivering pro bono work for Make-a-

wish (“Maw”), and obtaining for the

organisation a significant GsT refund

from the ird. Maw grants the wishes

of children with life-threatening medical

conditions. The refund means that in future,

donations they solicit can go 100% to their

charitable purpose – not to fund overhead.

in 2012 alone they granted wishes to more

than 1,000 sick New Zealand children.

• securing a tax refund and a GsT refund

for the New Zealand riding for the

disabled association (NZrda). This was

another pro bono engagement. The efforts

resulted in a large sum of money being

reimbursed. This had a significant positive

impact for the NZrda and the work they

do, providing therapeutic interaction with

horses to develop increased ability and

self esteem for children and adults with

physical and intellectual difficulties.

• Partnering with the Hikurangi foundation,

which supports social entrepreneurs and

communities to deliver game-changing

work in the areas of energy, housing,

transport, land-use, and consumption

and waste. KPMG is providing $100,000

worth of predominantly advisory services

over a 12-month period.

• The wellington free ambulance is a

major community partnership for our

wellington office. since 2010, we’ve

provided a new free ambulance rescue

vehicle, and raised thousands of dollars

to help purchase life-saving equipment.

• our Christchurch office raised funds for

Cure Kids by taking part in the gruelling

8-hour Great adventure race. we’ve

already forgotten the pain – and are

fundraising again to enter in 2013!

• in auckland, we helped raise funds for

CanTeen by taking part in their mass

indoor cycling event, The Crank. a team

of 12 took turns to continuously ride an

rPM bike between 8am – 8pm. a total

of $34,500 was raised and the KPMG

team were among the most enthusiastic

collectors. The Crank was organised by

les Mills, also a client of the firm.

communitiesoursupportingA fresh focus on

EaCh yEar, KPmg CONTrIbuTES mOrE ThaN $1m IN dONaTIONS aNd PrO-bONO WOrK fOr NEW zEalaNd’S NON-PrOfIT OrgaNISaTIONS.

in 2012 we set a clear strategy for our

approach to working with our communities

– with a focus on three key areas:

maximising the potential of children and youth

Supporting positive outcomes

for young people.

Social enterprise

Supporting businesses that

exist to address a social or

environmental needs.

healthy people and communities

Promoting healthy physical

and social environments.

earlier this year we established a firm-wide National Communities Team (NCT), to oversee our corporate social responsibility activities. Kim Jarrett (Tax Partner) chairs the NCT, supported by Justine Todd in the newly-established role of Corporate social responsibility (Csr) Manager.

What a difference a year makes / TYLA 23

Justine has been working with the Tyla (Turn your life around) team three days a week at their head office in Greenlane. she’s helped them raise funds for their programmes designed to reduce the number of young offenders in New Zealand.

as she nears the end of the 12 months, Justine describes

her secondment experience:

when i was first asked if i was interested in a secondment

to work in an organisation that helped marginalised

auckland young people, i had reservations about my ability

to make a difference and (if i’m completely honest) relate

to the kids’ circumstances (being childless and profoundly

middle class). However i decided to give it a go and am

so pleased i did!

The opportunity with Tyla has taken me on a journey

inside a different environment. while i have spent the

majority of my time at head office chasing funding and

filling out applications forms, i have had the privilege

of meeting many of the young people Tyla support,

and understanding the difficulties they face because of

poverty, violence and learning difficulties.

The last 12 months have been challenging financially

for Tyla, as with most charitable organisations in New

Zealand, there is enormous competition for financial

resources. This has meant getting used to rejection by

funding sources and corporates. on the other hand,

these funding pressures have enabled Tyla to become

more efficient and focussed on their core support of

young people.

My time at Tyla is nearly over and it has been a privilege

to know that i have played a small part in helping someone

make positive changes to their life. i would encourage

anyone who is offered an opportunity to work alongside a

community organisation to take it – it will change your life!

KPMG CEO Paul Herrod serves as a trustee on the TYLA Board.

What adifference

a makesyear

ThIS TImE laST yEar WE aNNOuNCEd KPmg WaS SuPPOrTINg ThE Tyla yOuTh dEvElOPmENT TruST, WITh juSTINE TOdd jOININg ThE TEam fOr a SECONdmENT PErIOd.

24 Konnections / Summer 2012/2013

hard workplayhard

fast5 Netball World Serieswe demonstrated our ongoing commitment

of being a passionate supporter for New

Zealand’s most loved sports with our

sponsorship for this year’s fast5 Netball

world series. The fast5 Netball world

series is netball’s equivalent to 20/20

cricket or rugby 7s – it was a high-speed,

high-octane version of the game with our

clients and staff loving the sporting carnival

atmosphere.

The network in actionThroughout the year we host various

seminars, launch a number of thought

leadership reports and sponsor relevant

award ceremonies. These provide us the

opportunity to invite colleagues, clients and

alumni to come together and discuss relevant

business issues, hear from business leaders

or experts in the field, catch up with past and

present colleagues, network and make new

connections.

1.

2.

3.

4.

5.

6.

Work hard, play hard / The netowrk in action 25

Inter-firm sports dayThe inter-firm sports day in wellington

was a great success with our rugby team

coming first, beating audit New Zealand

and ernst & young in our pool matches

and up against Bdo in the final. we came

second in the netball, with our girls showing

real stamina in their win over audit New

Zealand, followed by another win over

ernst & young, and then just pipped at the

post in the final against deloitte. Hamilton,

Tauranga and auckland also held an inter-

office sports day, with a great time

had by all.

golf dayswe had an excellent client turn out at our

wellington (february 2012) and auckland

(November 2012) golf days. The weather was

perfect and clients, colleagues and alumni

enjoyed their day on the green at the amazing

courses of the royal auckland and royal

wellington Golf Clubs. increasing awareness

for our nominated charities was an important

aspect of both days, and we managed to raise

a significant amount of money for both the

Tyla (Turn your life around) Trust and the

wellington free ambulance service. we were

very appreciative of everyone who donated to

these worthy causes.

Our PaSSION IS hElPINg INSPIrE buSINESS SuCCESS, fuEllINg ThE PrOSPErITy Of Our STaff, Our ClIENTS aNd Our WIdEr COmmuNITIES. WE CErTaINly havE a grEaT TImE dOINg IT!

1. Tax Briefing June 2012 Sanel Tomlinson speaking with Katrina Kirkcaldie

2. Christchurch Conversations august 2012 Rt. Hon. John Key with Paul Kiesanowski, Andrew Hawks, Olive Wallace and Alex Skinner

3. fieldays agribusiness leaders Breakfast Ross Buckley, Ian Proudfoot, Hon David Carter (Minister for Primary Industries)

4. New Zealand food awards Ben van Delden presenting Peter Cullinane from J. Friend & Co the KPMG Export Award at the 2012 New Zealand Food Awards.

5. fast5 Netball world series, November 2012 John Thorman, KPMG alumni, and Ann Todd, current KPMG Partner and Finance Director of the IFNA (International Board of Netball Federations)

6. fast5 Netball world series Chris O’Brien and Ann Todd about to welcome guests

7. auckland golf day, November 2012

8. wellington golf day, february 2012

9. inter-firm sports day KPMG Wellington netball team

10. inter-firm sports day KPMG Wellington rugby team

7. 9.

10.8.

if you have any ‘movers & shakers’ news

that you would like included in the next

issue of Konnections please email…

What’snew?

moversandshakers@kpmg.co.nz

Movers & shakers / Current + Alumni 27

aucklandJames Atkinson (2011 – 2012) is now Principal advisor at inland revenue.

Tara Bowker (2007 – 2012) is now Professional development & Conference Coordinator at NZiCa.

Michael Brooks (2010 – 2011) is now Business development director at Tenix.

Wayne Brown (1981 – 1985) is now Cfo at TrG Group.

Bevan Cowie (1993 – 1998) and his wife liz Hartstonge Cowie (1993 – 1998) are both returning to the uK from the us as Bevan has been appointed Head of strategic risk Management for europe/Middle east/africa with his current employer, Credit suisse.

Hamish egan (2004 – 2006) is now financial advisory Manager at ferrier Hodgson.

Vivian Feng (2008 – 2012) is now financial accountant at insulpro Manufacturing.

Bongani Gumede (2008 – 2012) is now internal auditor at fletcher distribution.

Marie O’Halloran (2010 – 2011) has joined Telecom as the Pa to the Head of Corporate Communications.

Ben Harvie (2010 – 2012) is now information security risk and Quality Consultant at orion Health.

Dan Henderson (2003 – 2012) is now director at Bertelsen Harry waters limited.

Darryl Jhinku (1993 – 1997) is now General Manager, finance for The CaCi Group.

Sean Kam (1988 – 1991) has joined start-up life insurance company Partners life as Cfo.

Maria Karpova (2003 – 2008) has recently joined KPMG Cyprus as director, representing the KPMG russia desk.

David Kennedy (2010 – 2012) is now information security Manager at orion Health.

Paula Kinraid (2004 – 2007) is now Business Performance analyst at Vodafone New Zealand.

Benjamin lisipeki (2006 – 2012) is now Manager at Grant Thornton.

Jing liu (2008 – 2012) is now at westpac.

Braden longdell (2008 – 2012) is now financial Tax accountant at orion Health.

Felicity Manning (2009 – 2012) is now senior Pa at McGrathNicol.

emmalene Miller (2007 – 2012) is now financial accountant with Tourism New Zealand.

Anthony Mitchelson (2000 – 2006) is now Group financial Controller at Tru-Test Corporation.

Shane Paterson (2011 – 2012) is now Group accounting & Tax Manager at Mighty river Power.

leanne Pickering (2010 – 2012) is now General Manager People and Performance at The selwyn foundation.

Philippa Reed (1987 – 1999) is now diversity Project Manager for auckland Council.

Brett Robson (1988 – 1991) is now Chief financial officer at BGH Group.

Greg Robson (1998 – 2002) is Head of accounting operations at asB Group.

Deepti Rodrigues (2004 – 2007) is now with delegat’s wine estate.

Antonia Watson (1992 – 1995) is now Chief financial officer at aNZ New Zealand, she was previously aNZ New Zealand’s financial Controller.

laura youdan (2007 – 2012) is Performance Management analyst at fletcher Building.

&within our alumni

Moversshakers

28 Konnections / Summer 2012/2013

hamiltonnatasha Harvey (2004 – 2010) is senior accountant at fonterra.

Richard Jefferies (2003 – 2007) is finance Manager at Tainui Group Holdings.

Pauline Steeghs (2008 – 2012) is now assistant accountant for fonterra.

Jason Te Brake (2006 – 2012) is financial accountant for affCo.

nigel Williams (2007 – 2012) is now financial accountant for Prolife foods.

TaurangaMarie Cooper (2006 – 2012) has recently joined Ballance agri-Nutrients as a financial accountant.

Andrew Grice (2008 – 2012) is now General Manager, Business and finance at Tui Garden Products.

emma nicholas (2006 – 2012) is Management accountant at Comvita New Zealand.

Tory Oliver (2006 – 2012) is the administration Manager at TKl limited.

WellingtonMelanie Bennett (2000 – 2012) is now at The New Zealand Guardian Trust Company as Taxation relationship Manager.

Andrew Clare (2003 – 2007) is now director at Turbo Consulting.

David Clement (2000 – 2003) is now at Chorus New Zealand.

Mark Dinnison (2005 – 2007) is Manager, Business Performance at lumo energy australia.

Jennie Duckworth (2008 – 2012) is now Pa to the Ceo at New Zealand Post.

louise eunson (2011 – 2012) has recently joined Ministry of Health Manatu Hauora as a Principal risk advisor.

Phillip Grayson (2006 – 2012) is financial accountant at H.r.l. Morrison & Co.

Pippa Grey (2006 – 2010) is the Managing Consultant of Pitch Perfect.

Jayne Hyslop (2008 – 2012) is a senior financial accountant for foodstuffs.

Todd Kennedy (2008 – 2012) is now at National Cyber security Centre.

Megan Kloppenburg (nee Hooper Smith) (1999 – 2002, 2011 – current) returned to our wellington office as senior Manager in audit.

Jane MacPherson (2001 – 2012) is now Communications Manager at Quitline.

Fraser Mclachlan (2007 – 2012) is now Managing director of Mohua wines.

Jean McMahon (2001 – 2006) is the financial Planning and analysis Manager Mcdougall reidy & Co.

Margaret Mabbett (1998 – 2003) has become a principal analyst at the state services Commission, where she is working on a range of issues across social welfare, justice and defence portfolios.

lynn Martin (1981 – 2002) is with department of internal affairs: Te Tari Taiwhenua.

Bevan Miller (1994 – 2000) has been appointed Cfo of NZX limited.

Troy nicholson (2011 – 2012) is returning to the New Zealand Police.

Craig Pattison (2011 – 2012) has become senior associate at ascent Business Consulting.

nicola Pearson (2007 – 2012) is now finance Manager at Martinborough Vineyard.

Kate Roberts (2009 – 2012) has joined The Vintage aviator as an accountant.

Andrew Steele (2001 – 2001) is now Community engagement & stakeholder relations Manager, iCC Cricket world Cup 2015.

Mike Summerell (1999 – 2000) is now at the department of internal affairs as director Holdings & discovery, Knowledge, information, research and Technology, archives New Zealand.

Belinda Taylor (nee Patterson) (2003 – 2006) is leaving her role of Custody Business Manager at deutsche Bank Cayman islands to return home to New Zealand. she and husband Nick are looking forward to their return.

Roy Tiffin (1999 – 2003) is on the audit Committee at The Treasury.

Jolayne Trim (AKL 2003 – 2012) is senior Tax Manager at NZiCa.

Gavin Valentine (UK, AUS 1993 – 2003), is now Chief executive of NZyM (sounds like “enzyme”), a boutique iT consultancy.

Therese Walsh (1993 – 2002) is Head of New Zealand operations for iCC Cricket world Cup 2015, and has a number of new directorships including NZX limited.

Michael Were (2010 – 2012) is investment advisor at JB were.

John yiappos (1990 – 2003) is Manager, financial reporting for NZX limited.

ChristchurchHamish Blackman (1998 – 2002) is now director of Commercial development at Craigmore sustainables NZ limited.

liz Fleming (2008 – 2010) is now Corporate accountant at New Zealand oil & Gas.

Stuart Johnston (1998 – 2005) is now Project Manager for Pace Project Management.

Katharina Scheutz (2009 – 2012) is financial accountant for Macpac limited.

Paul Wylie (2000 – 2001) is the Chief executive for Buller district Council.

Movers & shakers / Current + Alumni 29

bereavementsour sincere condolences to the family and friends of our past colleagues and Partners.

Chris Chamberlain (AKL/WLG 1980 – 1998), retired partner, sadly passed away in November 2012.

John Gentles (AKL 1951 – 1986), retired partner, sadly passed away in January 2012.

birthsMelissa Barbour (HAM 2007 – 2012) and husband James welcomed their child Benjamin in december 2011.

Melissa lee (AKL 2007 – 2011) and aaron welcomed second son baby Hunter lee in May 2012.

Anna Mills (nee Ashworth) (WLG 2000 – 2005), husband richard and daughter isabella have welcomed new family members into the world — twins Henry and Grace — born on 23 october 2012.

Belinda Taylor (nee Patterson) (WLG 2003 – 2006) with husband Nick welcomed their first child, olivia.

Andy Wells (WLG 2005 – 2008) and wife liang (WLG 2007 – 2010) have welcomed their first child, Caitlin.

Visit: KPMG to stay connected

www.kpmg.com/nz

© 2013 KPMG, a New Zealand partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG international Cooperative (“KPMG international”), a swiss entity. all rights reserved.

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