"When you think of the combined experience, knowledge, and connections this group of people have, this is something we want to ensure is available for our members and the wider business sector to tap into," Good said.
"We know that many of these people want to give back to the community that raised them and continue to have a voice in this community, and the alumni membership is the perfect vehicle for them to do so.
"Our other motivation for creating this group is to give the alumni an opportunity to keep in touch with the ever-changing business world. We plan to hold regular events throughout the year which will give them the opportunity to connect, learn, and inspire our members."
Membership, which is non-voting, brings with it an opportunity to participate in and contribute to various chamber activities, as well as enjoy specific events organised for alumni.
The alumni will also be involved in nominating inductees to the Waikato Business Hall of Fame. This year's inductees are Sir Robert Mahuta and Sir Dryden Spring, with the induction gala dinner to take place on September 2.
The alumni initiative has been driven by an interim committee which currently includes former GM of Novotel and ibis Hamilton Dick Breukink, BNZ regional manager small business Grant Robson, who is also a former chamber board member, and former Hamilton deputy mayor Gordon Chesterman.