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Home / Technology

Payments firm Airwallex names Sir Bill English as chairman of New Zealand board

NZ Herald
25 Mar, 2026 08:40 PM2 mins to read

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Former Prime Minister and Finance Minister Sir Bill English will chair the New Zealand board of Airwallex as the company looks to expand further.

Former Prime Minister and Finance Minister Sir Bill English will chair the New Zealand board of Airwallex as the company looks to expand further.

Australian payments platform Airwallex has appointed former Prime Minister and Finance Minister Sir Bill English as chairman of its New Zealand board, strengthening its local governance as it continues to scale up financial infrastructure in this country.

The appointment comes as Airwallex faces heightened regulatory scrutiny in Australia. The Australian Financial Review has reported that the company is being investigated by an external auditor appointed by the financial crimes regulator Austrac over alleged anti‑money‑laundering compliance failures.

Airwallex has said it is co-operating with the regulator and maintains that its controls are fit for purpose.

English’s appointment also comes as Airwallex expands in New Zealand.

Since entering the New Zealand market in 2023, Airwallex has grown rapidly.

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It now supports more than 1000 New Zealand businesses and facilitates about $2.4 billion in annual payment flows for local firms, representing 240% year‑on‑year growth.

The company says nearly 20% of New Zealand’s digital and technology sector relies on its platform. Customers include high‑growth local companies such as Halter, Partly and Tracksuit, alongside global businesses operating in New Zealand, including Afterpay and Bolt.

Airwallex provides businesses with tools to operate globally, including the ability to open local bank accounts in more than 70 countries, manage multiple currencies, pay overseas suppliers and staff, and collect revenue in local markets. It positions itself as core financial infrastructure rather than simply a payments provider.

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The company is also investing in artificial intelligence, embedding AI across payments, treasury and spend management to automate routine financial processes and provide real‑time insights into global performance.

Airwallex head of ANZ, James Teodorini, said English’s appointment reflected the company’s long‑term commitment to New Zealand.

“Sir Bill brings an exceptional understanding of New Zealand’s economy and public institutions, alongside deep experience in leadership, risk and long-term decision-making.”

English said he was attracted by Airwallex’s role in supporting high‑growth, exporting New Zealand firms and helping them compete more effectively in global markets.

“I’m looking forward to supporting a business that is helping New Zealand companies participate more effectively in the global economy, and contributing to the long-term direction of Airwallex in New Zealand as it continues to grow.”

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Globally, Airwallex serves more than 200,000 companies across North America, Europe and Asia‑Pacific.

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