Recorded webcast | Financial resilience: withstanding volatile conditions

Webcast on demand

no longer available

Speaker(s): Pattrick Smellie, Bruce Irvine
Date: 5:00pm — 5:00pm, 30 June 2023
Venue: Online
Location: Online
Price members: $30.00 incl GST
Price non-members: $50.00 incl GST

IoD member? You can self-log 1 CPD point via your CPD Dashboard after watching this recorded webcast. This recording will expire on 30 June 2023.

Overview

The world continues to be a volatile and uncertain place in 2023. Market disruptions are continuing locally and internationally, there is the prospect of a global recession, the outcome of the Russia-Ukraine conflict remains uncertain and major powers are retreating from international trade.

With inflationary pressures, higher interest rates and economic uncertainty it’s no surprise that 68% of respondents in our 2022 Director Sentiment Survey expect New Zealand’s economic performance to decline over the next 12 months.

Financial resilience is one of this year’s top 5 issues for directors. We have brought together an exceptional panel to explore the key issues and discuss how, as directors and business leaders, we can ensure our organisations understand what they can do when facing uncertainty.

Panellists

Pattrick Smellie

Pattrick Smellie has worked in journalism and in political and corporate communications in Wellington since 1983. Awarded New Zealands’s best column writer in the 2020 Voyager Media Awards, Pattrick worked in the Press Gallery as The Australian’s first New Zealand correspondent in the mid-1990s, and is a former Press Gallery chair. His communications experience includes serving as a press secretary to then Finance Minister Roger Douglas in the mid-1980s, and as a communications adviser to large corporates in the early 2000s, including as head of brand strategy at Contact Energy.

He is editor of the business and economic news service BusinessDesk, which he co-founded in 2008 and which was sold to NZME (publisher of the NZ Herald) in January 2022.

Pattrick is a director of The Hugo Group, a political and economic briefing service for CEOs of New Zealand companies of scale.

Bruce Irvine

Bruce is a chartered accountant and was admitted into the Christchurch partnership of Deloitte in 1988. He was Managing Partner from 1995 to 2007 before his retirement from Deloitte in May 2008 to pursue his career as an independent director.

Bruce is Chairman of Heartland Bank Limited, Skope Ltd and Market Gardeners Ltd. He is also director of a number of private companies which include the House of Travel Group, Air Rarotonga Ltd and Scenic Hotels Ltd. He has previously held the roles of director and/or chairman of directors of Kathmandu Ltd, Rakon Ltd, Godfrey Hirst Ltd and PGG Wrightson Ltd.

Bruce was also a director and Chairman of Christchurch City Holdings Limited from 2004 to 2016 which is the infrastructure holding company for Christchurch City Council, and its subsidiaries include Orion NZ Limited, Lyttleton Port Company Limited, Christchurch International Airport Limited, City Care Limited and Enable Limited.

He also has held voluntary roles as trustee of the Christchurch Civic Art Gallery Trust, Christchurch Symphony Trust, and chairs both the Canterbury Business Recovery Group Ltd and the Canterbury Business Recovery Trust.

Laura Meriluoto

Laura is an Associate Professor of Economics at University of Canterbury [UC] Business School, where she has worked since 2000. Her research in applied microeconomic theory has covered a range of topics including the effects of the fixed price offer mechanism in Trade Me auction strategies and the use of filtering and pricing to combat spam email. Her empirical research covers topics such as misinvoicing in the China-New Zealand trade and the effects of climate change on the quality of New Zealand wines. Laura teaches Industrial Organisation and Business Economics and is the coordinator for the Economics and Finance Internship and Consultancy Project course. She is also about to resume leading international study tours for MBA students and undergraduate students in Economics.

Laura has been a director of Competition Law and Policy Institute of New Zealand since 2013 and its chair in 2016-2019. She was a director (intern) of Canterbury Development Corporation in 2016-2018 during the time it transitioned to ChristchurchNZ. Laura is a member of the UC Academic Board and the UC Business School Faculty Board and is the Internationalisation Lead for the UC MBA programme.