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Whanganui District Council s holding company restructures
22 Dec, 2020 04:00 PM
4 minutes to read
Whanganui District Council s holding company, which manages its commercial assets, has restructured.
Each of the council s two businesses now has an independent board and the $33.9 million council-controlled organisation Whanganui District Council Holdings has two new directors.
Holdings job is to oversee the council s commercial assets - GasNet and the New Zealand International Commercial Pilot Academy (NZICPA) - and advise on new investments. It is chaired by Annette Main, a former Whanganui mayor and Horizons regional councillor.
Until September this year the two boards of the businesses were made up of the five members of Holdings - Main, deputy chairman Matt Doyle who is the principal of a Whanganui accounting business, lawyer Simon Karipa, energy sector expert Peter Hazledine and governance and investment expert David Rae.