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

 


Norris, Dewes join Treasury board

Norris, Dewes join Treasury board

Feb 12 (BusinessDesk) - Former head of the Commonwealth Bank of Australia, Sir Ralph Norris, and prominent Maori professional director Whaimutu Dewes have been appointed to the board of the Treasury.

Treasury Secretary Gabriel Makhlouf announced the two new-comers, along with the appointment of Professor Harlene Hayne, the vice-chancellor of Otago University.

They join investment banker Paul Baines, professional director Susan Macken, and Joan Withers, who also chairs MightyRiverPower on the board, which seeks to "replicate the discipline, strategic capability and performance accountability provided by a private sector or other statutory board."

Withers has stepped aside to avoid any conflict of interest while the Treasury manages the government's intended partial privatisation of MRP later this year.

Norris is a director of Fonterra and the Fonterra Shareholders Fund, and is on the board of Australia's Origin Energy, majority owner of Contact Energy, and stepped down last year as chief executive of CBA after a 40 year career in banking.

Dewes is chairman of Aotearoa Fisheries Limited and is a director on the boards of Contact Energy and Housing New Zealand Corp.

The new members’ terms of appointment have been made effective from the beginning of 2013.

(BusinessDesk)

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Auckland Port Study: Port To Ship Out – No Departure Date

Interest groups in Auckland and its waterfront chose a group of representatives to determine the future of the port. Their consensus is that the Port is going to have to move but not before a credible location is confirmed... More>>

ALSO:

Tax: GST Threshold For Online Purchases Won't Lower Before 2018

The government wants to lower the threshold on online purchases which qualify for GST from mid-2018, but says more work is needed and there will be no change without public consultation. More>>

ALSO:

North Canterbury: Government Extends Drought Classification

The government has extended a drought classification for the eastern South Island until the end of the year, meaning the area will have officially been in drought for almost two years, the longest period for such a category. More>>

ALSO:

Negotiations Fail: Christchurch Convention Centre Build To Proceed Without PCNZ

After protracted negotiations, the government has ditched the construction consortium it picked to build Christchurch's replacement convention centre, which it now anticipates delivering at least two years behind the original schedule. More>>

ALSO:

Other Centres' Convention Centres:

Ruataniwha: Greenpeace Launches Legal Challenge Against $1b Dam Plan

Greenpeace NZ is launching a legal challenge against a controversial plan to build a dam that’s set to cost close to $1 billion and will pollute a region’s rivers. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news