Nicholas Jones is a New Zealand Herald political reporter.

Jane Taylor named as NZ Post board chairwoman

The NZ Post board will be chaired by barrister Jane Taylor, it was confirmed today. Photo/ Supplied.
The NZ Post board will be chaired by barrister Jane Taylor, it was confirmed today. Photo/ Supplied.

The next chair of NZ Post's board has been confirmed as a Queenstown-based lawyer and company director.

Jane Taylor joins NZ Post's board today and will become chairwoman when former deputy prime minister Sir Michael Cullen retires from the position on October 31.

Taylor is currently chair of Landcare Research, and deputy chair of Radio New Zealand.She is a director of Silver Fern Farms, Hirepool Group and OTPP NZ Forest Investments.

Finance Minister Bill English thanked Cullen for his "excellent stewardship" of the board during the restructuring of NZ Post over the past six years.

In April the NZ Post Group announced it had received a $495 million indicative offer from the NZ Superannuation Fund and Accident Compensation Corp to buy 25 percent and 20 percent respectively of subsidiary Kiwi Group Holdings, which owns Kiwibank.

NZ Post said in June that more time was needed to complete the proposed sale, but said due diligence was progressing well.

- NZ Herald

Get the news delivered straight to your inbox

Receive the day’s news, sport and entertainment in our daily email newsletter

SIGN UP NOW

© Copyright 2017, NZME. Publishing Limited

Assembled by: (static) on production apcf03 at 29 Apr 2017 09:28:46 Processing Time: 326ms