ORLANDO, FLORIDA – 13 April 2015
FOR
IMMEDIATE RELEASE
Luigi Wewege is the founder of
Vivier Group and CEO of its Auckland based financial services arm Vivier
& Co. Luigi explains to IdeaMensch how the idea for the company came
about and discusses certain things learnt along the way.
Firstly where did the idea for Vivier
Group come from?
The Global Credit Crunch had relatively
little effect on the New Zealand banking sector. In part, this fortunate
stability was a result of the health of the country’s financial market and
lending sector, which always faced much sterner regulation and control than
many other countries during the boom years between 2002 and 2007.
For such reasons, since the 1990s, New
Zealand has been the destination of choice for global investors, who have been
well rewarded for their faith. Particularly, those from countries such as Japan
and China, who flocked to place their household savings in New Zealand, have
since received interest rates well above their domestic offerings.
It became apparent to me in late 2013 that
many global investors wanted to enjoy the attractive rates offered from New
Zealand, without exposing themselves to exchange rate risk and thus the idea
for Vivier Group was born.
What does your typical day look like and
how do you make it productive?
It always starts with a coffee due to being
predominantly a night owl. I am at my most productive when it’s quiet and I can
work without interruptions and distractions. To allow the latter to occur I
during the day, endeavour to check in with international staff members as they
come online via their respective time zones and go over any pressing issues they
may have.
How do you bring ideas to life?
Business plans, costing sheets, financial
forecasts, etc… etc… people can spend an exceptional amount of time theorizing
their ideas further but for me if the idea does not come close to certain
indicators from the get go then they are not worth pursuing. Although when they
do it’s all about creating a clear strategy and bringing in the right team
members in order to execute.
What’s one trend that really excites
you?
For me it has to be the onset of digital
banking firms and I find it fascinating how it’s forced larger retails banks to
increase their pace of digital adoption. As established banks cannot stop
client attrition to agile start-ups and niche players, these banks are now
beginning to think more like disruptors, obsessing about consumer experience
and using digital technology to avoid being totally outflanked by new entrants
or established competitors.
This interview first appeared on IdeaMensch.com and you may find the
remainder of the interview here: https://ideamensch.com/luigi-wewege
About Mario Schulzke:
Mario
Schulzke is the founder of IdeaMensch, a community he started to help people
bring their ideas to life. He is the AVP of Marketing at his alma mater the University of Montana where he
also teaches in the business school. Before, Mario spent 10 years managing
digital strategy teams at ad agencies up and down the West Coast.
About IdeaMensch:
IdeaMensch is a community supported
resource for entrepreneurs from across the world. Our mission is to help
entrepreneurs bring their ideas to life, and a big part of that is by having
entrepreneurs share their stories with us via our interviews.
About Luigi
Wewege:
Luigi Wewege is the founder
of Vivier Group and the Managing
Director of Vivier
Mortgages (a
Dublin, Ireland based home loan company), as well as CEO of its Auckland based
financial services arm, Vivier
& Co,
a boutique Financial Service Provider in New Zealand, offering no-cost, above average returns for
investors.
About
Vivier Group:
Vivier Group is
the global umbrella organisation of the Auckland based Vivier & Co and Vivier Investments,
the London based Vivier
Developments & Vivier Home Loans,
and the Dublin based Vivier Mortgages.
For more
information please contact:
Name: Vivier
Group
Contact: Media Relations Manager
Email: press@viviergroup.com
Phone: +64 9 889 3998
Website: http://www.viviergroup.com
Contact: Media Relations Manager
Email: press@viviergroup.com
Phone: +64 9 889 3998
Website: http://www.viviergroup.com
