Trustpower reviewing checks on conduct and culture in wake of Hisco scandal

Fri, 26 Jul 2019

By Paul McBeth July 26 (BusinessDesk) - Trustpower is reviewing its processes to ensure it has the appropriate checks and balances to make sure the company's conduct and culture is as strong as the board thinks it is. Chair Paul Ridley-Smith told shareholders at today's annual meeting in Mt Maunganui that ANZ Bank New Zealand's recent issues, where disputed expense claims by former chief executive David Hisco led to his early exit, is a reminder that the board and management's role is to spend and invest shareholders money as best they c...

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