Challenge lays ahead for the new CFO
Today Auckland Council has announced the appointment of its new Chief Financial Officer:
Auckland Council CFO Appointment
Today Auckland Council CEO Stephen Town announced that Suzanne Tindal has been appointed as the new Chief Financial Officer.
New Zealand-born Ms Tindal returned to New Zealand last year after working offshore for the past 12 years and is presently Director-Consulting at PricewaterhouseCoopers in Auckland.
Suzanne Tindal has a wealth of international experience in the financial services, energy and IT sectors having held numerous senior or Chief Executive roles in New Zealand, Australia, Asia and the USA during the last 20 years.
Stephen Town says it is significant that the council is able to attract people of such high calibre and is delighted with Ms Tindal’s appointment.
“Our vision is to deliver Aucklanders great value for money and part of that vision is achieved through sound financial management. Suzanne joins us at a time when we have a solid AA credit rating, which is stronger than any New Zealand bank.”
Previously, Ms Tindal was Executive Director of Bankwest, a division of the Commonwealth Bank of Australia and the largest bank in Western Australia.
Suzanne joined the Commonwealth Bank in 2007 before moving to Perth and joining Bankwest in 2012 as Chief Executive, Strategy & Reputation. Bankwest was purchased by the Commonwealth Bank in 2008 and Suzanne was instrumental in the integration of the two banks in 2012. She took up the role of Executive Director in February 2013 and was the public face of Bankwest with key stakeholders including the Government of Western Australia, the Federal Government and other Regulators.
Ms Tindal replaces Andrew McKenzie who resigned as Auckland Council’s Chief Financial Officer last July to take up a role with Fletcher Building.
Ms Tinal’s role as the new CFO will be a challenging one as Council tries to manage its finances over the next three years. Somehow going on about needing for savings while advertising for four new senior managers in newly created roles is not going to create the greatest perception with the ratepayer…..