"<p>Created by Terry Stringer in 1987, this enormous bronze head was commissioned for $40,000 by Renouf Properties Ltd. <br /> It looks as though it is the last remaining piece of a huge ancient statue of a Roman emperor. Intentionally distorted perspective makes ""Grand Head"" look naturalistic from only some angles.<br /> ==========<br /> Sir Francis Henry ""Frank"" Renouf (31 July 1918 – 13 September 1998) was a NZ businessman and financier.<br /> He was a stockbroker from 1950 as a partner in the Wellington stockbroking firm of Daysh, Renouf & Co (the firm was originally Daysh, Longuet and Frethey). He introduced unit trusts to NZ, and founded the country's first merchant bank, the New Zealand United Corporation. <br /> He initiated the first NZ share index in 1957; the NZUC index and the first listed property company, Property Securities Ltd. He was the first to provide underwriting services for equity and local authority debt issues. <br /> Renouf set up three companies in 1981; Frank Renouf & Co, Renouf Corporation Ltd and Renouf Properties Ltd. The latter went into liquidation in 1991...but the head sculpture remains on the street outside the company's registered office at 88 Victoria St., Wellington. <br /> Renouf was knighted in the 1987 New Year Honours List, for philanthropic services.</p>"