close
MENU
Hot Topic Accountants
Hot Topic Accountants
1 mins to read

Fonterra's Sanlu scandal 'fall guy' surfaces in Wellington


The head of Fonterra's operations in China during the Sanlu milk scandal is to speak in Wellington next week.

Colin Williscroft
Fri, 01 Jul 2011

The head of Fonterra's operations in China during the Sanlu milk scandal is to speak in Wellington next week.

Bob Major, who was a Sanlu board member at the time of the infant formula poisoning in China in 2008 that saw four babies die and more than 50,000 fall children ill, is to address a meeting of the New Zealand China Trade Association on Tuesday.

He will speak on the successes and challenges of implementing a business strategy in China.

Widely seen as the fall guy when he left Fonterra the year after the scandal, Mr Major worked in China for many years, including stints at the former Dairy Board and Dairy Research Institute, before he joined Fonterra.

He retired from the dairy co-operative in 2009.

Also due to speak at the NZCTA event is Ferdinand Balfoort, group finance director for Teknatool International Ltd, the recent winner of the Mondiale Investor in China prize at the NZCTA awards.

Mr Balfoot will discuss working with partners in China.

Andrew Leys of HSBC will present the results of the bank's recent trade confidence index, which showed that exporters and importers around the world remained optimistic about trade prospects for the next six months, despite increasing concerns about rising costs, reduced profitability and volatile demand.

Colin Williscroft
Fri, 01 Jul 2011
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Fonterra's Sanlu scandal 'fall guy' surfaces in Wellington
15630
false