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


Mark Tume appointed chair of Ngāi Tahu Holdings board

Mark Tume appointed chair of Ngāi Tahu Holdings board

By Sophie Boot

Feb. 20 (BusinessDesk) - Mark Tume will rejoin Ngāi Tahu Holdings board this month after almost nine years and will take over the chair later this year, putting him at the helm of two iwi corporate entities.

Tume will become a director on Feb. 26 and will take over the role from August 1, with the appointment as chair lasting three years. He will work with Trevor Burt until he finishes his third term as chair on July 31 to ensure a smooth transition of leadership, Ngāi Tahu Holdings said. The iwi's corporate entity manages $1.3 billion of assets.

"We are thrilled to have someone of Mark’s calibre and experience leading the Ngāi Tahu Holdings board in the next phase of our tribal journey", said Te Rūnanga o Ngāi Tahu kaiwhakahaere (chair) Lisa Tumahai. "Mark is a highly respected director whose governance and professional experience closely align with the values and inter-generational vision of Ngāi Tahu."

Tume was previously a Ngāi Tahu Holdings director between 2005 and 2009 and currently chairs of Infratil. He was a director of New Zealand Oil and Gas until last year, and is currently a director of New Zealand Refining and chair of Te Atiawa Iwi Holdings LP. He has been on the board of the New Zealand Superannuation Fund, and Transpower.

"I am humbled by the opportunity to return to Ngāi Tahu Holdings Corporation at this time," Tume said. "It’s an honour to be able to serve Ngāi Tahu whānau again and I’m looking forward to working with the teams at Te Rūnanga o Ngāi Tahu and Ngāi Tahu Holdings."



© Scoop Media

Business Headlines | Sci-Tech Headlines


'Visionary' Leaders: Primary Sector Council Announced

A group of visionary agribusiness leaders is set to help our primary sector capture more value from its work, Minister of Agriculture and Rural Communities Damien O’Connor says ... More>>


Land Report: Issues With Soil Degradation

An environmental report released today has found we are damaging and losing our soils and our native plants and animals. More>>


Water Quality Report: Cause For Optimism

National River Water Quality Trends released by Land, Air, Water Aotearoa (LAWA) this week, reveal that for all river water quality parameters monitored over a 10 year period, more sites were improving than deteriorating. More>>


IMF Report On NZ: Positive Economic Outlook

Minister of Finance Grant Robertson has welcomed the IMF’s Concluding Statement, released following its annual visit, which provides an independent assessment of the strength of the New Zealand economy. More>>


Retail Power Price: Review Panel Named

The Energy and Resources Minister Megan Woods has released the details of who will sit on an expert advisory panel which is tasked with leading a review into the price of electricity in New Zealand. More>>


Increasingly Disruptive Threats: Govt Cyber Security Refresh

Broadcasting, Communications and Digital Media Minister Clare Curran today announced a comprehensive refresh of New Zealand’s approach to cyber security. More>>


Regional Growth: Action Plan To Modernise Taranaki’s Economy

The Provincial Growth Fund (PGF) will invest up to $20 million to help future-proof the Taranaki region by diversifying its economy, creating additional jobs and leveraging off the strong base the region has established through its oil, gas and agricultural ... More>>