NZX has tapped a relative unknown to replace Mark Weldon as the stock exchange operator gears up to expand its presence in agricultural commodity markets.

The New Zealand Stock Exchange has announced who will replace Mark Weldon as its chief executive. The new CEO is a Singapore-based Kiwi, who was previously a partner in Oliver Wyman's retail and business banking practice and has advised...

The last of the big banks is about to enter the KiwiSaver game with BNZ in the final stages of preparing its scheme for market.

Kiwibank will buy Gareth Morgan Investments for an undisclosed sum, making it about the sixth biggest player in the KiwiSaver market.