The Board of Tainui Group Holdings (TGH) today announced the appointment of Chris Joblin to the role of CEO.
Mr Joblin joined TGH in December 2009 as Chief Financial Officer and has been Acting Chief Executive since mid-April this year.
TGH Chairman Sir Henry van der Heyden said Mr Joblin was chosen after a comprehensive six month nationwide search and ensuing competitive process.
“Chris has been pivotal in the development of TGH’s diversification strategy over the past 18 months. He is experienced in mahi (work) within the tribe context and brings a strong vision for success in TGH’s mission as the intergenerational investor to grow economic prosperity for the 67,000 members of Waikato-Tainui,” Sir Henry said.
“With this appointment we can now accelerate our strategy to drive great outcomes for the owners of TGH. Chris and the team will measure success by generating more cash and more jobs for the tribe, and growing the tribe’s land holdings by investing in primary industry as the business continues to diversify its holdings,” he said.
Mr Joblin, a former CFO of meat company AFFCO and director of three TGH part owned hotels, Waikato Milking Systems and representative of the company’s fishing interests, said it is an exciting time to take the helm at TGH.
“Following our recent announcement of a partial sale of New Zealand’s largest shopping centre The Base, we are now responding to enquiries from a range of potential JV partners,” he said.
“We’re also looking at new opportunities for TGH to invest directly in high-performing businesses and primary industries, and responding to strong market demand for the next stages of the development of the 550 hectare work, live and play hub at Ruakura in Hamilton East,” Mr Joblin said.
“At TGH we will continue to build a high-performance team guided by a strong values and tikanga, and TGH will play an active role in efforts to build a stronger Hamilton and Waikato economy and community,” he said.
Mr Joblin will commence working in his new role effective immediately.
For more information on Tainui Group Holdings, visit www.tgh.co.nz
Contact for further information:
Piet de Jong
021 812 766