Allan Hubbard: A Man Out of...
By Virginia Green
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The extraordinary rise and and tragic fall of South Canterbury Finance's Allan Hubbard. Accountant, investor and financier Allan Hubbard was very much loved by thousands of
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Allan Hubbard: A Man Out of Time
Random House New Zealand
1 December 2010
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2.45 MB
General Audience (0-99)
Biography: General

Author Biography

Virginia Green is a writer and biographer, who wrote Allan Hubbard: Man Out of Time is the biography of much-loved investor and financier, and founder of South Canterbury Finance, Sir Allan Hubbard. Her previous biography was of Tait Communications founder Sir Angus Tait, Radio Fidelity: The story of Angus Tait and an industry sparked by loyalty. She lives part of the year in Nelson, New Zealand, and part in New Mexico, in the United States. Green started researching the book on Hubbard in 2007, and conducted many interviews with him, his wife, and friends and colleagues. She learned of his growing up in grinding poverty and his wayward youth, before discovering God and getting himself an education. With a reputation for risk-taking and for being a workaholic, Hubbard established a number of highly successful businesses, including Helicopters NZ, the Scales Corporation, and South Canterbury Finance. Over the years, Hubbard became a respected and loved South Island icon, as he gave back to South Canterbury, the region that had made his fortune, philanthropic support and financial backing. Over time, he helped hundreds of young people onto farms, saved good farmers from bankruptcy, and underwrote large-scale projects to bring water to the drought-prone region. However, when SCF suddenly went into receivership, taking the savings of thousands of people with it, Hubbard's reputation took a massive hit. The subsequent Serious Fraud Office investigation further polarised public opinion, with many locals remaining fiercely loyal to and protective of the elderly Hubbard, while others question how a trusted pillar of the community could bring financial ruin to so many. For the final events of the book, Green did not interview Hubbard, in order to retain her objectivity, and in respect for his legal position while his dealings were under investigation. Man Out of Time offers a unique insight to a man who stands to be remembered for the good that money can do, and the attendant risks and ruin.