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Ngapuhi appoints new external director

Ngapuhi appoints new external director for commercial company


John Rae has been appointed an independent director of Ngapuhi Asset Holding Company Limited (NAHC) after the completion of an externally conducted process.

Mr Rae is an experienced director, currently serving on the board of Eastland Group, Pie Funds Management and The Lines Company. He is also Chair of Smart environmental and the New Zealand Council for Infrastructure Development. He is a member of the National Infrastructure Advisory Board, reporting to the Minister of Finance.

He was previously the Managing Director of Stevenson Group for a period of nine years. Mr Rae has a Bachelor of Commerce and Bachelor of Law from the university of Auckland.

Said the Chairman of NAHC, Leigh Auton: “John brings a wealth of experience to the board, having led another large “whanau” owned company in Stevensons Group.

His involvement with the construction and infrastructure sector will be invaluable to our growing business. His solutions focus approach will assist with the challenges as we move into a post Treaty settlement environment.”

NAHC is a wholly owned subsidiary of Te Runanga-a-Iwi-o Ngapuhi, the representative Iwi authority for the 125,600 strong tribe, New Zealand’s largest.

NAHC manages all Ngapuhi collectively-owned assets, for the benefit of Ngapuhi everywhere.

Ends

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