On the move in the political economy this week, the Government appointed a former TranzRail CEO as the new chair of KiwiRail, Jenny Shipley is stepping down as the chair of Genesis Energy to be replaced by Barbara Chapman and Rabobank appointed a new head of wholesale.
State Owned Enterprises Minister Winston Peters and Finance Minister Grant Robertson announced the appointment of Greg Miller as chair of the KiwiRail board. Miller replaces Trevor Janes, who resigned effective 30 June 2018. Acting Chair Brian Corban will continue in the role until Miller takes up his position on the board.
Corban will then resume the Deputy Chair role when Mr Miller joins the board. Miller is currently the Managing Director/Chief Executive of Toll New Zealand, a position he has held since 2008. He began his career as a cadet in transport operations at Mainfreight Group, rising through the ranks to become a key Group Senior Executive. He has since held roles at TranzRail and Tranz Link International as Managing Director across New Zealand, Australia and Asia and was Toll Tranzlink Director and Group General Manager from 2003-2008.
See Pattrick Smellie's piece here on Newsroom Pro on what Miller's appointment might mean.
Former Prime Minister Jenny Shipley will step down as Genesis Energy chair after this year's annual meeting in October, and be succeeded by ex-ASB Bank chief executive Barbara Chapman. Shipley, who is among former Mainzeal directors facing a civil suit from unpaid creditors of the failed construction firm, will end a nine-year spell as chair of the electricity generator-retailer. During that time, she ushered it from a pure State-owned enterprise to one of three partially privatised and listed companies under the mixed ownership model of the previous administration.
Chapman joined the board earlier this year as she transitions into a new career as a professional director, having led ASB for six years. Her appointment to the Genesis board name-checked her skills in disruptive innovation, marketing, digital transformation, consumer technologies and driving leading brands.
Associate Agriculture Minister Meka Whaitiri has announced five new members to the Board of the New Zealand Walking Access Commission, tasked with enhancing walking access opportunities across New Zealand. They are Pierre Henare, Helen Mexted, Hilary Allison, Raewyn Tipene and Lisa Chase.
Rabobank New Zealand CEO Todd Charteris announced the appointment of Karin van Selm to the position of Group Executive, Wholesale Banking from August 1. She takes over from Els Kamphof, who has been appointed to head the regional Wholesale Banking operations for Rabobank in the Netherlands and Africa. Van Selm was previously the General Manager of Corporate Banking for Rabobank Australia & New Zealand Group.