New Establishment Board director was warned about David Ross three years before fraud discovered.
New NZX establishment board director Annabel Cotton says she is “absolutely delighted” to be joining the stock exchange’s regulatory body, but won’t say whether her handling of the David Ross scandal at the Securities Commission was discussed during the selection process.
In September 2009, Cotton, who was on the board of financial regulator the Securities Commission at the time, received an email suggesting Ross’s financial advisory activities should be investigated.
The email read: “Has anyone every [sic] looked into the activities of David Ross funds management? He doesn’t ad [sic] up to me and I could explain why verbally
Director clear-out on board of Government-backed New Zealand Growth Capital Partners venture capital fund
21 Jan, 2021 04:40 AM
3 minutes to read
James Fletcher was named as interim chief executive of New Zealand Growth Capital Partners this week, the latest of a string of changes at the venture fund. Photo / supplied.
James Fletcher was named as interim chief executive of New Zealand Growth Capital Partners this week, the latest of a string of changes at the venture fund. Photo / supplied.
Changes continue at the government-owned fund set up to invest in early-stage companies, with a board clear-out under way. On Wednesday the Ministry of Business, Innovation and Employment announced four new directors would be joining