A109 Light Utility Helicopter flight with mayor Gisborne City from the air in November 2023.
Opinion
Eastland Community Trust is farewelling a good chairman who was the right man for the times, after the council chose not to reappoint Richard Brooking to ECT — instead appointing former mayor and retiring Eastland Group director John Clarke to the trust.
Mr Brooking joined ECT in 2009 and became
chairman on the retirement of Gary Alexander the following year.
At the time there was a growing concern that ECT was not investing as much as it should in the community. It had increased its capital base very successfully since its inception in 1993 as Eastland Energy Community Trust — especially since it bought Gisborne’s port from the District Council in 2003 — but so many causes in the region were in need of investment that would improve the lot of the trust’s beneficiaries.
Mr Brooking has led the transformation of ECT into the major benefactor for the district that it is today.
Under his chairmanship, annual ECT grants for community initiatives have climbed from hundreds of thousands of dollars a year (and a low of $60,000 in 2008) to about $6 million a year now. ECT has also continued to grow its capital base, and has greatly expanded investments outside the Eastland Group to about 20 percent of its assets.