New Directors for Ngāi Tahu Property
7 September 2009
The Chair of Ngāi Tahu Holdings Corporation Ltd, Trevor Burt, announced today the appointment of Rick Braddock, Barry Bragg, Lex Henry and David Kennedy as Directors with Ngāi Tahu Property Ltd.
They will be joining Linda Constable who will chair the board. Linda is also a director with Ngāi Tahu Holdings Corporation.
The appointments follow a decision by Ngāi Tahu Holdings Corporation to bring specific expertise to the board of each subsidiary.
Trevor Burt says he is pleased to welcome the new directors who are all prominent business people and well connected to different sections of the property industry. Lex Henry is a commercial lawyer with extensive experience in the area of corporate governance. His specialty is in providing advice on corporate and infrastructure finance. He has extensive international business experience and is a member of the Board of the State Owned Enterprise, Landcorp Farms, and has been a member of its Audit and Due Diligence committee for six years.
David Kennedy has had significant experience in government policy, strategy development and organisational development. He is a consultant to industry, particularly with regard to retail and property development. He has held senior positions with Westfield NZ and Sky City and is a past board member of the Property Council of New Zealand.
Rick Braddock is a registered valuer with 30 years experience in New Zealand agriculture. He is currently CEO of Farming New Zealand, which is an agricultural investment fund established to aggregate large pastoral farms under a New Zealand ownership model.
Barry Bragg, Ngāi Tahu, Whānau Apanui and Whakatohea, is a chartered accountant who has been Chief Operating Officer of Solid Energy New Zealand Ltd since 2003. He is currently Chairman of the Canterbury West Coast Air Rescue Trust and is a director of CRL Energy Ltd.
Trevor Burt says the board will be led by Linda Constable who has spent many years working on behalf of Ngāi Tahu, including her involvement in Treaty negotiations from 1996. As well as her Ngāi Tahu directorships, Linda is a director of NZ Railways Corporation Limited, Kiwirail Holdings and its subsidiary companies, and is a member of the Electricity Commission.