Craig Stephen has been appointed associate director, corporate finance for New Zealand dairy giant Fonterra Co-operative Group Ltd, effective immediately.

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Stephen, who will report to Alex Duncan, director, corporate finance, has extensive experience in capital structuring, debt restructuring and risk management, in the dairy industry and corporate banking environments.


Most recently, he has worked as a member of the finance integration team since the formation of Fonterra in October last year. During this time, he was instrumental in leading a number of key finance projects. 


Stephen was group treasurer at Kiwi Co-operative Dairies Limited for five years, a time of significant growth for the company leading up to the merger of the dairy industry. Prior to this, he worked in a number of corporate banking roles with Westpac in New Zealand from 1992 to 1996.

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