Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Callaghan Innovation board put in place ahead of opening

Callaghan Innovation board put in place ahead of opening

Jan. 21 (BusinessDesk) - The government has recruited Navman founder Sir Peter Maire and Wynyard Group chief executive Craig Richardson to the board of its new high tech "one-stop-shop", and put a woman in charge.

New Zealand Trade and Enterprise director Robin Hapi and Professor Peter Hunter from Auckland University are also new appointments to the board of Callaghan Innovation ahead of its opening for business of February 1.

Sue Suckling, who is currently chairing the establishment board to set up the new Crown entity, will chair the board. However, foundation board member and a key influence on the reforms, entrepreneur Neville Jordan, has not been appointed.

The only director reappointed from the Crown Research Institute, Industrial Research Ltd, to be retained is Richard Janes, who joined the IRL board in 2011.

IRL proposed an alternative approach to the restructuring, suggesting creation of an Advanced Technology Institute, with Auckland, Wellington and Christchurch campuses.

Economic Development Minister Steven Joyce went instead for a wider amalgamation of innovation assets, including a role for New Zealand Trade and Enterprise, with whom the new entity shares a head office in central Wellington.

Callaghan Innovation, named after the late scientist Sir Paul Callaghan, brings together the current operations of IRL, the Ministry of Business, Innovation and Employment's business investments team and the Auckland Foodbowl.

The government has set aside $166 million of funding over four years for the organisation charged with converting great ideas into successful businesses.
Auckland Transport director Paul Lockey and Australian company director Dr Michele Allan are moving from the establishment board to the new board.

"I am confident this board will successfully set up Callaghan Innovation as an organisation that is fully in tune with businesses' needs and will help them grow through science and innovation," Joyce said in a statement.

"It will deliver fresh thinking and offer a diversity of perspective and experience that Callaghan Innovation will benefit from."

IRL chief executive Shaun Coffey did not move to the new organisation and a new chief executive appointment is imminent.

The new institute has been described as a "one stop shop" for high value, innovative businesses with high growth potential.

(BusinessDesk)

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Reserve Bank: Wheeler Keeps OCR At 1.75%

Reserve Bank governor Graeme Wheeler kept the official cash rate unchanged at 1.75 percent, as expected, and reiterated his view that the benchmark rate doesn't need shifting for the foreseeable future. More>>

ALSO:

Retail: Pumpkin Patch Brand, IP Sold To Catch Group

The receivers of failed children's clothing retailer Pumpkin Patch have confirmed that the company's brand and intellectual property have been sold to Australian online retailer Catch Group. More>>

ALSO:

Oil: 2017 Block Offer Petroleum Tender Launched

New Zealand is well-placed to take advantage of the economic benefits of oil and gas exploration, Energy and Resources Minister Judith Collins announced today at the launch of the 2017 Block Offer petroleum tender. More>>

ALSO:

OECD And Zero Carbon Reports: Environmental Pressures Rising In New Zealand

New Zealanders enjoy a high environmental quality of life and access to pristine wilderness. However, New Zealand’s growth model, based largely on exploiting natural resources, is starting to show its environmental limits with increasing greenhouse gas emissions and water pollution ... More>>

ALSO:

Statistics: Record Net Annual Migration Levels Continue

In the February 2017 year, 71,300 more migrants arrived in New Zealand than left, Stats NZ said today. This equalled the previous annual record set in January 2017. More>>

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news