Michael Lorimer exits Grant Samuel amid more sector change

Michael Lorimer exits Grant Samuel amid more sector change
Michael Lorimer. (Image: Grant Samuel)
Duncan Bridgeman
Another key figure in the local financial services sector is stepping back with prominent investment banker Michael Lorimer retiring from Grant Samuel.Lorimer, who founded Grant Samuel’s New Zealand office in 1991, has sold his 80% stake in the corporate advisory firm to the remaining four NZ executives, who have also bought out Grant Samuel Australia’s 20% stake.His departure follows Andrew Barclay’s recent resignation from Goldman Sachs’s New Zealand operations. Barclay, one of this country’s most respected...

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