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New Chair appointed for NZVIF


Hon Steven Joyce
Economic Development

2 July 2013


New Chair appointed for NZVIF

Economic Development Minister Steven Joyce today announced the appointment of Murray Gribben of Wellington as the new Chair of New Zealand Venture Investment Fund Ltd (NZVIF).

Current director, Anne Blackburn, has been appointed as the new Deputy Chair.

The new appointments are in response to the retirements of the current Chair, Sir John Anderson, and Deputy Chair Brian Mayo-Smith.

“I’d like to thank both Sir John, who was appointed in 2008, and Mr Mayo-Smith, who was appointed in 2006, for their substantial contributions to the progress of NZVIF,” Mr Joyce says.

“They have provided significant expertise across banking, investment, venture capital and private equity and their strong leadership has assisted NZVIF in achieving its primary aim of enhancing the New Zealand venture capital market.

“New Chair, Murray Gribben, brings with him a large amount of investment banking, property and private equity experience and a good eye for great investments. It is these skills that make him a fantastic appointment to the board.

“Current director, Anne Blackburn, has served as a NZVIF director for five years and that experience will enable her to provide valuable support as Deputy Chair.

“I’m confident that the Board has a balanced set of skills and sufficient experience that will allow the company to operate without disruption during this time of transition.”

Media contact: Charlotte Haycock 021 359 076
New Appointments:

Murray Gribben, of Wellington, is a professional director with extensive experience in the field of investment banking, property and private equity. He is currently Deputy Chair of New Zealand Post Ltd, having served on that board since 2009, and is also on the Board of Kiwibank Ltd and Ruapehu Alpine Lifts Ltd.

He was Managing Director of AMP Capital Investors until May 2009, and prior to that held various senior positions in both New Zealand and the United Kingdom. Previous directorships include Donaghys Ltd, Summerset Ltd, AMP Private Equity Real Estate Fund (Chair) and AMP Pencarrow Private Equity Fund. He was previously Chair of AMP Property Portfolio.

Anne Blackburn, of Auckland, was appointed to the NZVIF Board in August 2008. She is an Auckland-based company director, who spent the bulk of her career in banking both in New Zealand and internationally (Brown Brothers Harriman; Baring Brothers; Bank of New Zealand from 1983-2006).

Prior to banking, she worked in journalism and diplomacy. Her current governance roles include director of TSB Bank Ltd, Fidelity Life Assurance Company Ltd, Eastland Group, Gisborne Airport Ltd, Committee for Auckland Ltd, Forsyth Barr Ltd, Auckland Council Property Ltd, Royal District Nursing Service New Zealand, Warren and Mahoney Ltd and, from June 2013, Fisher Funds Management Ltd.

Ms Blackburn is a former Director of Television New Zealand Ltd, and Deputy Chair and Audit and Risk Committee Chair on the Board of AgResearch Ltd, a former Director of Meridian Energy Ltd and Chair of its Remuneration Committee. She has also held a number of not-for-profit governance positions in the arts and education sectors.

ends

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