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Jenny Morel – Inducted 2007
Friday, 26 October 2007
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Jenny Morel is one of Wellington’s most prominent businesswomen. After a career in merchant banking and directorships which included New Zealand Rail Ltd and The Rural Bank, in 1998 she set up her own investment bank with another partner, a high risk capital venture fund which became Morel & Co. A year later they formed No 8 Ventures Management Ltd, which invests in early stage New Zealand technology companies. The fund has now invested in 14 young companies, from telco software to early stage human pharmaceuticals biotech. Several have grown to be international companies with significant operations outside New Zealand. For No 8 Ventures, Jenny is chairman of Open Cloud Ltd, a director of Argent Networks Ltd, VCU Technology Ltd, Proacta Inc, Surveylab Ltd and GNM Ltd. Her past directorships include NZ Trade and Enterprise, Centreport Ltd, Trust Bank NZ Ltd, AgResearch Ltd, The Rural Bank and NZ Rail. She has been a member of the Council of the Institute of Directors in New Zealand, the NZ Arts Council, the Government’s ICT Taskforce and a Trustee of the Hi Growth Project which resulted from that. She is chairman of the Hi Tech Association which organises the Hi Tech Awards in New Zealand and a trustee of the Jayar Charitable Trust. Recognised in 2006 as a Companion of the New Zealand Order of Merit for Services to Business, Jenny is highly respected in the financial world for her determination, formidable intellect and passion for helping young, innovative businesses. Her entrepreneurial flair is combined with sober banking insight and an ability to analyse quickly and clearly the causes and solutions to problems. Jenny is married with two sons, studying in the United States at Stanford and Harvard. |