An extended modernisation board has been appointed at the Public Trust, which includes prominent financial planner Murray Weatherston.
This extended board will be replaced with the new Public
Trust Board when the Public Trust Bill is enacted. The new legislation is planned to take effect in October 2001.
The new board will consist of
Experienced Wellington company director Peter Taylor, who will chair the
board. He is a member of the Commerce Commission and a former CEO of CCMAU.
Financial services industry expert Pat Waite;
Company director Liz Coutts;
Auckland-based investment adviser Murray Weatherston (new member);
Stephanie McIntyre, the Social Justice Commissioner in the Anglican
Church (new member);
Richard Nelson a Wellington based funds manager and investor (new
member);
Sarah Ottrey, marketing consultant (new member); and
Patricia Jones, Bay of Plenty family and mental health lawyer (new
member).
Minister in Charge of Public Trust, Jim Anderton, says: "The new board
members need to be brought together in advance of legislation being passed
so that they can be fully involved in planning for the future".
"I am confident that Public Trust will have a strong future under the
guidance of the new board and that the expertise it will contribute will
materially help management to address the issues the organisation faces,"
he says.
