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Management change at Tainui Group Holdings

Management change at Tainui Group Holdings

13 June 2014

Tainui Group Holdings (TGH) has announced that its General Manager of Property, Nathan York is leaving the company in July.

Chief Executive Mike Pohio said Mr York had led the property team through a significant asset building phase, with the value of the company’s property portfolio growing four-fold to over $600 million during his time with TGH.

“Nathan has decided it is time for a change and to move on to the next phase of his career. We sincerely thank him for his energetic leadership of our property team and appreciate his real contribution to the commercial re-emergence of Waikato-Tainui over the past 13 years,” Mr Pohio said.

Nathan York had also overseen a number of major property developments and investments for TGH - most notably New Zealand's largest shopping centre - The Base - and others such as the Novotel Auckland Airport and Ibis-Tainui hotel developments. His decision to move on coincides with a change in direction for the company including a greater focus on diversified long-term investments to further build a strong foundation for Waikato-Tainui people.

Rahui Papa, Chairman of Waikato-Tainui Te Arataura, also thanked Mr York for his dedicated contribution to the Tribe’s commercial arm.

“As a tribal member, Nathan is a pou whakawehi - an inspiring example for many others in Waikato Tainui and led the way in achieving commercially successful property developments which have a uniquely Waikato-Tainui character that we are proud of,” Mr Papa said.

“TGH and Waikato-Tainui wish Nathan every success as he forges his own huarahi (pathway) into the future” Mr Pohio said.

ENDS

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