Abano promotes Rachel Walsh for CFO job

Tuesday 27th October 2015

Abano Healthcare Group, the medical services investor, has promoted commercial executive Rachel Walsh as its new chief financial officer, replacing Richard Keys who will take the company's top job.

Walsh will assume the CFO position next month, stepping out of her current role as group commercial manager, as Keys takes over as chief executive, the Auckland based firm said in a statement. Keys is replacing outgoing boss Alan Clarke, who flagged his own departure from Abano last year and was recently appointed to head the listed diversified investment firm, Hellaby Holdings.

Walsh has been with Abano since March 2013, coming from Rank Group, where she was involved in acquisitions and divestments. She previously worked for PricewaterhouseCoopers and was a member of PwC’s global network of accounting consulting services, where she focused on transactions, financial instruments and reporting under International Financial Reporting Standards.

Abano shares were unchanged at $8.40 and have gained 8.4 percent since the start of the year.

BusinessDesk.co.nz

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