Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search


Government announces new appointments

Hon Bill English

Minister of Finance

9 March 2012

Media Statement

Government announces new appointments

The Government has appointed board members to two new Crown companies - Southern Response Earthquake Services Ltd and Crown Asset Management Ltd – and reappointed Reserve Bank chairman, Arthur Grimes.

Southern Response Earthquake Services Ltd is the renamed residual parts of AMI Insurance that will remain in Government ownership once the sale of AMI Insurance’s non-Christchurch earthquake related business is finalised.

The Government announced Ross Butler as chairman last year. He will be joined on the board by Anne Urlwin (deputy chair), Jenn Bestwick, Bevan Killick, Susan Thodey and David Whyte. The board members will take up their new roles when the sale process is complete. This is expected to be in April.

"All appointees have relevant governance or senior executive level backgrounds that collectively offer the skills required for the establishment board. I am confident the new board will effectively assist the residual company to assess and meet AMI’s Canterbury earthquake-related claims," Mr English says.

Mr English also announced the appointment of six new board members to Crown Asset Management Ltd (CAML), which has been established to consolidate the management and recovery of six finance companies in active receivership, which were covered under the Crown Retail Deposit Guarantee.

The appointees are Gary Traveller (chair), Peter Castle (deputy chair), Debbie Birch, Steven Fyfe, Keiran Horne and Steve Smith.

"As experienced commercial directors and insolvency practitioners with varied backgrounds including banking, law, accounting and finance, the board is well placed to assist the company to provide a better return to the Crown by maximising returns and minimising costs," Mr English says.

Mr English has reappointed Dr Grimes to the board of the Reserve Bank This will enable him to assist in the appointment of a new Reserve Bank Governor when the current Governor, Alan Bollard, finishes his term in September.

The new Governor is appointed by the Minister of Finance on the recommendation of the Reserve Bank board.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Ellen Rykers on The Dig: Community Conservation – The Solution To The Biodiversity Crisis?

There are backyard trapping networks doing their bit for Predator Free 2050, farmers planting native trees along their waterways, and iwi protecting whenua rāhui. There are 62 biodiversity sanctuaries across 56,000 hectares, with around two-thirds of them community-led. There are citizen scientists counting birds in their backyards and landowners conserving habitat in 3,500 Queen Elizabeth II National Trust covenants.

It’s increasingly clear that a government agency alone cannot combat the biodiversity crisis successfully. These grass-roots initiatives are a growing resource in the conservation toolbox. More>>

Closing This Weekend! Have Your Say On The Issues For NZ's New Biodiversity Strategy

Scoop and PEP invite you to help decide how we should protect and restore our biodiversity over the next 50 years using Scoop’s online engagement platform, HiveMind. HAVE YOUR SAY HERE>>

Biodiversity HiveMind Preliminary Progress Report
Open data report summarising preliminary findings of the Biodiversity HiveMind. Read Progress Report Here>>


PM In Japan: Jacinda Ardern’s Remarks Following Abe Summit

Today we discussed a wide range of topics. Broadly the themes were: a deeper, high-value trade and investment relationship, greater cooperation in the Pacific; and strengthening our security partnership. More>>


Replacing All But Chair: Twyford Appoints Five NZTA Board Members

Transport Minister Phil Twyford today announced the appointment of five new members to the NZ Transport Agency Board... There remain two vacancies on the NZTA Board which will be filled in due course. More>>


Climate Change: Adaptation And Risk Assessment Framework Released

“We are already experiencing the effects of a changing climate such as coastal inundation and increasingly frequent and severe droughts, floods, fires and storms. This framework is an acknowledgement that we must start adapting”, James Shaw said today. More>>


Ihumātao: Mana Whenua Reach Decision On Land

Māori King Tūheitia says mana whenua have finally reached consensus over what to do with Ihumātao - they want it back. More>>


PM To Japan, New York: Ardern To Meet Trump During UN Trip

“I’m looking forward to discussing a wide range of international and regional issues with President Trump, including our cooperation in the Pacific and the trade relationship between our countries." More>>

PM's Post-Cab: "A Way Forward"

At Monday's post-cabinet press conference, Prime Minister Jacinda Ardern announced a number of actions in response to the Labour Party's mishandling of sexual assault complaints. More>>


Gordon Campbell: On Allegations Of Left Wing Media Bias

“Left wing bias” accusations date back at least to the mid 1990s... The charge of left wing bias was ridiculous then, and is ridiculous now. More>>

Next Wave Of Reforms: Gun Registration And Licensing Changes Announced

“The Bill includes a register to track firearms and new offences and penalties that can be applied extraterritorially for illegal manufacture, trafficking, and for falsifying, removing, or altering markings – which are a new requirement under the Firearms Protocol.” More>>





InfoPages News Channels