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Rakon appoints new Chief Financial Officer

Director Appointment12 September 2018RAKInformation Technology

Rakon Limited
T +64 9 573 5554, F +64 9 573 5559

8 Sylvia Park Road, Mt Wellington, Auckland 1060, New Zealand

Private Bag 99943, Newmarket, Auckland 1149, New Zealand

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12 September 2018

RAKON LIMITED (NZX:RAK)

Rakon appoints new Chief Financial Officer

Rakon Limited (‘Rakon’) today announces the appointment of Anand Rambhai as Chief Financial

Officer (CFO) effective from 1 November 2018.

Chief Executive Officer Brent Robinson said: “We are pleased to announce the appointment of Anand

to the CFO position. Anand has gained extensive experience, having been with Rakon for the past six

years as well as having held management positions in a variety of sectors. He will be a great addition

to our global executive team.”

Mr Rambhai takes up the position held by Simon Bosley who will leave at the end of October to take

up the role of CFO for Hirepool Limited.

Mr Robinson said: “We wish to acknowledge Simon’s significant contribution to the company. Simon

has been with Rakon for almost six years and has driven a number of key projects. He has taken a lead

role in structural changes in prior years as well as recently leading Rakon’s successful M&A activity.

We look forward to Anand continuing the work in this senior role and his involvement as part of the

global executive team in driving core strategies to deliver future growth.”

Mr Rambhai joined Rakon in 2012 as Group Financial Controller and currently holds the position of

General Manager of Finance. Prior to joining the company Mr Rambhai held finance positions in a

number of organisations including Sony, British Telecom and Deloitte. He is a member of Chartered

Accountants Australia and New Zealand (CA ANZ).

-ends-

Contact:

Brent Robinson

Chief Executive Officer & Managing Director

+64 9 571 9201


Media Enquiries:

Louise Howe (Media Liaison)

+64 21 206 0985

www.rakon.com

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