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Telecom nabs CFO of the Year title

Telecom nabs CFO of the Year title
Telecom, Air New Zealand, Auckland Council and Bank of New Zealand are all celebrating wins after the New Zealand CFO Awards last night.

Telecom, Air New Zealand, Auckland Council and Bank of New Zealand are all celebrating wins after the New Zealand CFO Awards last night.

Telecom CFO Nick OlsonMore than 350 people honoured individuals and teams for innovation and leadership in the finance community at a dinner following the CFO Summit, run by Fairfax Media and Conferenz.

It was Telecom CFO Nick Olson who took out CFO of the Year for tackling big issues and spearheading change, leading one of the most complex demergers – the splitting off of Chorus – in New Zealand corporate history.

“We were hugely impressed by the scope of change and process improvement introduced by Nick,” said the judges. “He is widely regarded as bringing the fun back into the team thanks to his down-to-earth and approachable demeanour. Nick was also instrumental in developing and implementing Telecom’s three year strategic plan.”

Scott Scoullar, CFO at Inland Revenue, was given a special commendation in this category for his ability to focus on and influence high-level strategic policy while pursuing significant operational improvements.

Bank of New Zealand’s youngest-ever Divisional CFO Martin Gaskell, meanwhile, won the Young Financial Manager of the Year award.

“Martin’s strong technical skills have helped him develop an incredibly committed and high- achieving team. He was also one of 20 people, out of 40,000 employees across New Zealand and Australia, to be selected for the bank’s Accelerate leadership programme,” said the judges.

The Finance Team of the Year award went to Air New Zealand for its culture of excellence focusing on employee engagement and outstanding interaction with the wider business.

And Auckland Council picked up Financial Innovation Project of the Year for its Annual Plan, which was put together in eight months during a time of uncertainty and change.

Sir John Buchanan received the Lifetime Contribution to Finance and Business Award in February.

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