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Fisher Announces Retirement From Boards of MLN, BRM and KFL
Marlin Global Limited (NZX:MLN) director, Carmel Fisher called it a day as the director of Kingfish Limited (NZX:KFL), Barramundi Limited(NZX:BRM) and Marlin Global Limited. After a long stint as a director on the board of these three companies, she said on Tuesday that she would like to retire with effect from 6 August 2021.
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She said that she was very proud to have served the boards of three NZX-listed investment companies that have performed well for the shareholders in terms of giving them good returns on their investments.
Alistair Ryan, the Chairman of the Group said that Carmel is a leading investment professional of NZ and had major involvement in all three companies of the Group. He hoped that a seamless transition can be achieved before Carmel retired in August this year.
Andrea Grant To Be The New Chief Commercial Officer At Rua Bioscience
Rua Bioscience (NZX: RUA) on Tuesday announced the appointment of its new Chief commercial officer, Dr Andrea Grant. She comes with vast experience in global bioscience and will drive Company’s medicinal cannabis strategy domestically and globally.
Dr Grant is an exciting hire for RUA as she will drive its global commercial discipline from experience gained at the leading pharma companies such as Janssen and Roche.
CEO of RUA Rob Mitchell said that Dr Grant has been hired at the time when RUA is preparing to enter German and domestic markets and develop is IP strategy for medicinal cannabis.
Dr Grant has vast experience and can create value for the Company through her tough negotiation skills, CEO said.
A new report by Mambu, is of the view that the misconceptions people have about open banking may be a major reason for not being as widely used as it should have been by now. Even though consumers don’t expect to discuss the nitty gritty of a given service with a provider, the end results are something that we all expect.
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The research was of the view that even though as many as 80% of the members of the survey use more than one type of mobile banking app, there were about 52% of the respondents who had not even heard about open baking, while 61% of them had never used it.
While the research sheds light on how people don’t know about open banking it also means that people wish to receive better support in terms of financial services. If banks can get around to meeting this requirement of people, it could mean more customer loyalty in the future.
It has recently been found that in the case of the Tesla accident that killed 2 people, in Houston, Texas, there was no one driving the car. This brings to light the concern of how safe really Tesla’s Self driven vehicles are.
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The National Transport Safety Board along with the National Highway Traffic Safety Administration are of the view that further investigation on the matter shall be done to determine what really went wrong.
The fateful turn of events led the car to miss a turn and ram into a tree, eventually combusting. It was further announced by Keith Holloway from the NTSB that there shall be two investigators who will look into the functioning of the vehicle and how it could have faltered enough to cause the accident.
Genesis Announces Its Performance Update For Q3FY21
In that Genesis affirmed that it was on the path of decarbonizing and achieving a renewable energy target. It also said that it was important to do so across sector and not only the energy sector.
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In the retail segment GNE was able to achieve customer support, but in the wholesale segment, the biggest achievement was that all 31 turbines at the Waipipi windfarms were made functional. The windfarm provides GNE with 77GWh of renewable generation at below thermal fuel cost.
In an update on Kupe, GNE reported that the strategic review is continuing as planned. There has been an interest from several parties, but the strategic review is on course and will be updated by the end of FY21.