10 Sep 2024

With mixed emotions, we share some news today: after over eight incredible years with PMG, our CFO, Nigel Lowe, has decided to step back from his role to take some well-deserved time off and focus on new governance opportunities. While we’ll miss having him in the day-to-day action, we’re 100% behind Nigel as he moves on to this exciting next chapter with his family.

Nigel has been instrumental in PMG’s journey, helping drive our growth and strengthening our financial foundation. Thanks to his leadership, we became one of the select few unlisted property fund managers in New Zealand to secure a Managed Investment Scheme license from the Financial Markets Authority (FMA). Nigel’s dedication to compliance and his work around the Anti-Money Laundering Act and FMA regulations have been key to PMG’s reputation as a trusted investment partner.

A real highlight? Nigel was named SME Finance Leader of the Year at the 2021 NZ CFO Awards—a well-deserved recognition of his leadership, strategic vision, and tireless commitment to PMG’s success. His ability to guide us through tough times and seize opportunities has helped shape PMG into the resilient, high-performing business we are today.

But this isn’t goodbye. Nigel will still be part of the PMG family, offering his insights and guidance on the PMG Board, Investment Committee, and PMG Charitable Trust. We’re thrilled he’ll continue to play a strategic role and help steer us forward.

The search for Nigel’s successor has begun, and during this transition, he will remain actively involved to ensure a seamless handover. We’re focused on keeping the momentum going and staying true to the strong culture and processes that Nigel has been instrumental in building.

We’re so grateful for everything Nigel has done for PMG and are excited to see him take on his next adventure. We wish him all the best and are glad he’ll still be part of our journey as we continue growing and fulfilling our commitment to being a fund manager and property partner of choice.

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