Whanganui District Council Holdings Ltd

NZICPA

Whanganui District Council Holdings Limited (WDCHL) is a Council Controlled Organisation (CCO). It has been operating since 2002 and is fully owned by Whanganui District Council.

Our role

WDCHL’s role is to manage and oversee the Council's commercial assets. We also advise the Council on new investment opportunities and the strategic management of assets.

The assets are:

WDCHL brings business experience, industrial expertise and an independent focus to the governance of the Council's commercial operations. We make sure that the assets we oversee are well-managed and provide the best possible financial and strategic returns to the Council. Financial proceeds from the assets are then directed by the Council into areas and activities that benefit the whole of the Whanganui community and our district.

WDHCL is accountable to the Council through an annual Statement of Intent, regular reporting to Council meetings and the publication of annual reports and financial statements. It also produces an Annual Report.

Our board


Annette Main Annette Main (ONZM) (Chair)

Annette Main was Mayor of the Whanganui District from 2010 to 2016. Before that, she represented Whanganui for 12 years on the Manawatu-Whanganui Regional Council, chairing the Environment Committee for nine years and serving as deputy chair for three years. Annette is currently on the Whanganui District Health Board. 

Passionate about the survival of New Zealand's smaller regions, she is strongly focused on 'economic gardening', where emphasis is on growing the reputation of Whanganui as a place to live based on the existing attributes and enhancement of existing business activity.


Matt Doyle Matthew Doyle (Deputy Chair)

Matthew first joined the WDCHL Board in June 2005. In his day job, Matthew is the Principal of the Whanganui branch of accountancy practice Doyle and Associates.


Peter Hazledine Peter Hazledine

Peter was appointed to the WDCHL Board in March 2014. He has extensive experience in the energy (petroleum and gas) sector.


Simon Karipa Simon Karipa

Simon is a lawyer by background and is currently a senior executive and company director with significant investment and governance experience. Current governance positions include chairman, Whanganui Iwi Fisheries Ltd; Chairman, Te Ngakinga o Whanganui Investment Trust and a Minister-appointed member of the Charities Registration Board. He has extensive iwi relationships and deep networks within the iwi / Māori commercial sector. Simon was born in Whanganui and is of Te Ātihaunui a Pāpārangi, Ngā Wairiki-Ngāti Apa, Ngāti Rangi, Ngāti Hauiti and Pākehā descent. He was appointed to the Board in March 2018.


David Rae David Rae

David is a company director and consultant whose most recent employment experience (2010–2016) was head of investment analysis at the New Zealand Superannuation Fund (the sovereign wealth fund with around $35 billion in assets). He has extensive governance and investment experience and has previously worked at the OECD, National Bank of New Zealand and Reserve Bank of New Zealand. Current directorships include Longroad Energy Holdings (US-based renewable energy developer) and New Plymouth District Council's Investment Fund. He was appointed to the Board in March 2018.