Grow, prosper and sustain for this generation and the next.
Tainui Group Holdings (TGH) is owned by the Waikato Raupatu Lands Trust, through its trustee Te Whakakitenga o Waikato Inc. The Trust represents over 67,000 members of Waikato-Tainui from 68 marae in the wider Waikato region.
We take a long-term, disciplined approach to creating tribal wealth, through diversification, discipline and strong governance. Our role is to grow wealth – while Te Whakakitenga o Waikato and its executive Te Arataura fulfil other roles, including the distribution of that wealth. Our role requires us to concentrate on diversified investments that support the tribe with more money, employment opportunities and land.
Four key values guide our team:
We work as one to deliver great business outcomes.
Care in our work
We take care in our work, for each other, our whaanau, iwi and community.
We diligently protect, grow and sustain tribal wealth.
Pono me te tika
Honesty & Integrity
We build trust by being honest, open and respectful in everything we do.
TGH History - a growing success
Waikato-Tainui was the first major iwi to settle with the Crown in 1995 as part of the redress for breaches of the Tiriti o Waitangi (Treaty of Waitangi).
A pioneer in iwi economic development, the tribe has grown the wealth and increased opportunities for members ever since. Strong relationships between tribes has fostered TGH to participate in co-investment agreements with Ngai Tahu Holdings and Te Arawa Group Holdings.
Our sole shareholder is Te Whakakitenga o Waikato Inc as trustee for the Waikato Raupatu Lands Trust, and we are managed through Te Arataura, the Waikato-Tainui executive.
The TGH Board is made up of two directors from Te Arataura and four independents, one of whom serves as Chair. All Board members are committed to the highest standards of corporate governance, accountability and management.
Sir Henry van der Heyden
One of New Zealand’s most experienced directors, Sir Henry has chaired TGH since 2012. Formerly Chair of dairy co-op Fonterra, he currently chairs Auckland International Airport Ltd as well as sitting on a number of other Boards.
Tukoroirangi is the Kaahui Ariki (King’s) representative on Te Arataura, joining the TGH Board in 2015. He is currently co-chair of the Waikato River Authority, a former Member of Parliament, and has held a number of Waikato-Tainui governance roles.
Appointed to the TGH Board in 2012, Hemi sits on Te Arataura and is a former CEO of the Waikato Raupatu Lands Trust. He hails from Kotahitanga Marae. In 1999 he was a founding member of Te Whakakitenga o Waikato Inc.
Tania (Ngaati Raukawa, Ngaati Maniapoto) joined the TGH board in 2015. She was a director on the Boards of AgResearch and Landcare Research, and for Mighty River Power for 13 years. In 2014, she was the first Maaori director on the Reserve Bank of New Zealand Board, and she’s been a member of the Waitangi Tribunal since 2008.
An independent director for TGH since 2009, Mike brings his wide experience in investment banking and general management. He was formerly head of Westpac Institutional Bank, led Mergers and Acquisitions at Southpac, and holds a number of directorships in both New Zealand and the UK.
Matthew is an independent director, appointed in 2011. He is CEO and Principal of property development and investment company Cooper and Co. During a 20-year law career, Matthew chaired the law firm Bell Gully.
- The Waikato-Tainui Raupatu Claims Settlement Act passed by Parliament.
- Establishment of Tainui Corporation Ltd (TCL), as landlord for raupatu (land confiscated) returned to the iwi in the settlement; and Tainui Development Ltd (TDL) to oversee investments and development.
- Property transfers from the Crown begin as settlement under the terms of the Act.
- Tainui Group Holdings (TGH) is established to oversee TCL and TDL. Novotel Tainui opens in Hamilton, a 4-star 177 room hotel co-owned by TGH, Hamilton City Council and Accor.
- Waikato Raupatu Lands Trust established to rationalise Tainui-Waikato’s rapidly increasing asset portfolio to reflect market values.
- Strategic review identifies a division of commercial and tribal activities. First parcel of land sold to Callum Brae Tainui Joint Venture, creating the Huntingdon subdivision of 655 sections, sold over 14 years.
- Restructure of TGH as the key commercial arm of the iwi, with a new management team and assets of $166 million.
- John Spencer appointed Chair of TGH Board, and Steve Murray as CEO.
- Ownership of Waikato Raupatu Lands Trust’s commercial assets transferred to TGH.
- Total assets exceed $300 million. Mike Pohio appointed CEO.
- Construction begins on Ibis Tainui Hotel in the CBD and on Mitre 10 Mega at The Base. Assets of $11.4 million paid to Waikato-Tainui Fisheries as the first phase of Maaori Fisheries settlement.
- The Warehouse Group’s 50% share of The Base purchased by TGH. Combined assets total $496 million. Graduate recruitment programme launched. TGH, Accor and Auckland International Airport joint venture develops Novotel Auckland Airport Tainui hotel.
- Te Awa at The Base begins construction. Hamilton City Council’s Variation 21 planning change that favoured the CBD is successfully challenged by TGH.
- Te Awa at The Base completed.
- Novotel Auckland Airport Tainui hotel official opening.
- Sir Henry van der Heyden appointed Chair of TGH Board.
- Independent board of inquiry for Ruakura development begins.
- Inquiry for Ruakura development completed September. Value of iwi assets exceeds $1 billion. TGH acquires shares in Waikato Milking Systems, Go Bus and Genesis Energy. Rotokauri joint venture begins 700-900 section residential development.
- Chris Joblin succeeds Mike Pohio as CEO.
- Ruakura logistics and lifestyle hub secures key resource consents. TGH sells a 50% stake in The Base to Kiwi Property for $192.5 million.