News Release 18 October 2006
Geneva Finance Appoints New CEO
Geneva Finance has promoted Dennis Kelly to the position of Chief Executive Officer to reinforce the company’s executive
management structure as it prepares to capitalise on the prospects for growth ahead.
The first New Zealand ‘non-bank’ finance company to secure a Standard & Poor’s rating, Geneva Finance is establishing a strong market reputation for the quality of its management team and its
focus on building strong relationships with both borrowers and investors.
As CEO Kelly will play a major role in realising Geneva Finance’s long term vision to build a company with a solid,
prosperous future while staying true to its core relationship driven values.
Previously Chief Operating Officer for the Hanover Group, Dennis was responsible for initiating, developing and
maintaining effective strategies to ensure sustainable development of the financial services group, including Elders
Finance Limited, Nationwide Finance Limited, FAI Finance Ltd, United Finance Ltd, United Home Loans and Leasing
Prior to the Hanover Group, Kelly was Managing Director of New Zealand’s then largest vehicle leasing and fleet
management company, Hertz Fleetlease Limited.
Kelly’s leadership, management and finance experience extends back to the early 1980s – beginning with Marac Finance
Limited and including roles such as Regional Manager for Countrywide Bank, General Manager Capital Equipment Finance
Limited, and General Manager, Marac Finance Limited.
“Geneva Finance is an exciting place to be at the moment. Recent key appointments have further enhanced the current
skills and experience of our executive management infrastructure, reflecting both the growth and expansion of the
business to date, and our aspirations to in time to be a major player in the financial service industry”.
“Our branch infrastructure coupled with relatively unique business processes such as insisting on face-to-face
relationships with our borrowing customers, stands us apart from a number of our competitors when it comes to initial
lending risk assessment and ongoing risk management. Likewise where we can we like to have a direct relationship with
our investors, who appreciate the service we provide. “Kelly said.