One of Treasury’s roles is to advise Ministers of the New Zealand Government on their ownership interest in a wide variety of companies and entities. As part of this role, the Governance and Appointments team assists Ministers to identify and appoint directors and board members to oversee the management of those organisations.

Board appointments are one of the most important ways Ministers can influence the performance and strategic direction of Crown entities and companies. The expectation is that these appointments result in high performing and effective boards through diversity of membership. This means ensuring that the mix of skills, knowledge, and experience includes factors such as cultural capability and insight, gender diversity, and diversity of thought.

There are approximately 250 governance positions on boards across the companies and entities monitored by the Treasury, comprising State-owned enterprises, other Crown entity companies and statutory entities.

Every year, the terms of approximately one third of all board members end and are considered by Ministers, assisted by advice provided by the Treasury. In many cases incumbent directors will be reappointed. However, Ministers will generally make between 40 to 60 new appointments each year.

For a list of companies and entities The Treasury provides advice to Ministers on go to here

There in the challenge between the known and the unknown,

we find direction from the northern, southern, western and eastern tides.

At the centre, Te Tai Ōhanga, the Treasury, leading and serving those four directions of Aotearoa

I roto i ngā mihi kāwanatanga

E ngā mana, e ngā reo, rau rangatira mā. Ka nui te mihi ki a koutou katoa.

Ko te Tai Whakarunga, ko te Tai Whakararo, ko te Tai Tokerau, ko te Tai Tonga,

ko te Tai Hauāuru, ko te Tai Rāwhiti, tēnei ko Te Tai Ōhanga

Hui e, tāiki e