Ngāti Porou CEO George Reedy Resigns After Four Years
His resignation will take effect on August 1, Te Rūnanganui o Ngāti Porou (Tronp) confirmed.
Reedy served as chief executive across four of the group's entities: Tronp, Ngāti Porou Oranga and Toitū Ngāti Porou.
Mayor Rehette Stoltz said she had the utmost respect for Reedy and his departure from the role would be a significant loss for the region.
Council chief executive Nedine Thatcher-Swann said it had been a privilege to work alongside Reedy, and on behalf of council staff she wished him 'all the very best in whatever comes next'.
'It is not often you cross paths with someone whose leadership blends mana, humility and sharp strategic thinking, and that's the kind of leader George Reedy is.'
Reedy was instrumental in forging a strong relationship between the Rūnanganui and council, she said.
His leadership was evident through joint efforts in regional economic development planning and civil defence emergency management, 'spaces where trust and collaboration matter most', Thatcher Swann said.
Reedy's vision and drive led to the creation of over 150 new jobs and a significant increase in their contracted income, Ngati Porou Tiamana (chairman) Patrick Tangaere said in a statement.
'It is with both gratitude and regret that I announce the resignation.'
Under Reedy's leadership, the iwi navigated 'some of the most challenging and turbulent periods', including the Covid-19 pandemic and cyclones Hale and Gabrielle, he said.
'George played a pivotal role in the establishment of Ngāti Porou Oranga and the expansion of health, housing and social services for our whānau and communities of Te Tairāwhiti.'
Tangaere also acknowledged Reedy's role in strengthening Ngāti Porou's strategic relationships with local and national iwi, across Government and with other key stakeholders.
Reedy left Napier to come home and take up the position, he said.
'It was a powerful expression of his service to his iwi, reaffirming his dedication to the people and whenua of Te Tairāwhiti,' Tangaere said.
The statement did not give a reason for Reedy's resignation.
Reedy has been approached for comment.
East Coast National MP Dana Kirkpatrick said it had been a privilege to work alongside Reedy, having known him for a few years.
They had been delighted with the work he had overseen at the Puhi Kai Iti Community Health Centre, and recently with creating its urgent and after-hours care, which was significant for the people of Ngāti Porou and the region, she said.
'He has served the community well, and it has been an honour to work with him.'
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Otago Daily Times
3 hours ago
- Otago Daily Times
Job ads fall for a second month
The mid-year economic slowdown appears to be weighing on the job market with job advertisements falling for a second month. Data from employment website Seek NZ showed job ads fell 3% in June from a month earlier, and 3% lower than a year ago. Applications per job ad - recorded with a one-month lag - were down 2% monthly. It comes as various economic datasets point to the country's economic recovery stalling in the middle of the year. Seek country manager Rob Clark said job ad levels remained broadly flat for the past year. "While the volume remains below pre-Covid levels, there are pockets of growth, which should be cause for some optimism," he said. Job ad volumes were mixed across the regions, with Gisborne, Marlborough and Southland the only regions to see month-on-month growth in June. In Auckland and Canterbury, volumes fell 2% in June, while Wellington fell 4%. Otago was flat, while Waikato fell 4%. The only industry to see an increase in volumes was Information & Communication Technology, with more demand for ICT managers and networks & systems administrators. "Despite a monthly dip in June, demand within government and defence has jumped 51% year-on-year, and we're seeing a growing number of industries return to annual growth within the professional and consumer services sectors," Clark said.
Otago Daily Times
6 hours ago
- Otago Daily Times
Longtime chairman made life member of national association
A pillar of the Oamaru Licensing Trust has received a national honour. Longtime chairman Ali Brosnan was made a life member of the New Zealand Community Licensing Trust Association last weekend. It was a great honour, he said. "Especially coming from a wee licensing trust like Oamaru, we're one of the smaller ones of the 16 licensing trusts that are left in New Zealand." Mr Brosnan has been on the Oamaru Licensing Trust for 23 years and has been chairman for the last 18. He also spent eight years on the New Zealand Licensing Trust serving as president, immediate past-president as well as junior and senior vice-president in his tenure. When asked for his favourite part of the role, the answer was simple — the people. "We don't have a huge turnover but we've had some great people." He first joined the Oamaru trust in 2002 because he wanted to give back to the community. "I had always been involved in Excelsior Sports Club over the years and we were always applying for funding through the licensing trust. "I sort of thought I'd like to get involved in that side of it but I was a wee bit naive in some ways in that once I got on to the trust I found there was a lot more to it than just giving out grants." After he joined, the trust downsized in 2004 selling off small country pubs and investing in the North Star, upgrading the restaurant and building the motel. It now owns four businesses with roughly 60 fulltime equivalent staff. Mr Brosnan has seen it all in his tenure from the 2008 World Financial Crisis to the Covid-19 pandemic. The pandemic put the trust back three to four years financially, he said. "I'm pleased to say now we've turned the corner. We'll turn a profit this year. "Tourism, which is a big part of what we do, is back up to about 80-plus-percent of what it was pre-Covid. "If we can get it back to 100% or better, we'll be pretty happy." The trust is "owned by the people for the people" . "The board members are only representing the people of Oamaru. "The more we can improve the value of our assets the better it is for the owners, the people of Oamaru. "We just want people to be proud of the business they own." Mr Brosnan will stand again in this year's election. Nominations close next Friday. "We'd like to see younger people involved in it as the trustees get older," Mr Brosnan said. "A bit like all elections, all public office, there's not a queue of people lining up to take these positions."
NZ Herald
7 hours ago
- NZ Herald
Housing market recovery delayed despite rising sales volumes
Cotality (formerly known as CoreLogic and one of the foremost authorities on the housing market) recently noted that volumes have been gradually rising for about two years. It points out that the rise in May activity pushed sales levels to 5% above anything we've seen at that point in the year since 2016. On that basis, the slump looks to be behind us, but we haven't seen a recovery on the pricing front. The REINZ house price index (HPI) has fallen for six out of the past seven months. Nationwide prices are unchanged over the past 12 months and still 16.3% below the peak in late 2021. That's not the case everywhere, of course. The South Island has performed much more strongly, with Canterbury, Otago and Southland more buoyant and all within 5% of the peak. The impact of a solid agricultural sector is likely to be part of the reason for that. In contrast, Auckland and Wellington have struggled and are still more than 20% below the heady levels of a few years ago. The median number of days to sell is also elevated, reflecting a sluggish market in which properties sit unsold for longer. It rose to 50 days in June, and has averaged 47 in the past 12 months. That's the highest since mid-2023, when interest rates were rising quickly and the economy was in recession. Excluding that period, it's the highest since 2008 and 2009, during the Global Financial Crisis. There are numerous reasons to explain our underperforming housing market. For a start, affordability is still awful. Prices have been flat for two years, having fallen almost 20% from the peak before that. However, the rise during 2020 and 2021 was so dramatic (48% in less than two years) that, even after the multi-year slump, prices are still more than 20% above pre-Covid levels. That boom was primarily driven by ultra-low borrowing costs, with the one-year mortgage rate falling to 2.2%. In data going back to the early 1960s, there's never been a time when interest rates have come close to being that low, and we might not see them again in our lifetime. Many would argue that prices were pumped up so much during that period that they might need to fall further (or at least languish for a little longer) for reality to catch up. Other costs of home ownership – such as rates, insurance and maintenance – have also increased sharply, while the policy backdrop hasn't been friendly to investors. Net migration has declined much more than expected, after hitting record highs in 2023. To use a technical phrase, it's fallen off a cliff. New migrant numbers (of working age) were comfortably above 100,000 a year 18 months ago, but they've dropped to fewer than 10,000 today. Apart from the Covid-era when the borders were closed, that's the lowest since the 2010-13 period, and before that 2000-01. For many of those who are still here, job security is a concern. The unemployment rate has been steadily increasing for three years, and it's sitting at 5.1%. Apart from one quarter during the unusual Covid period, that's the highest in more than eight years. People are reluctant to make major financial commitments when they don't feel completely safe in their jobs. Unemployment is expected to push a little higher, so a shift in sentiment could be unlikely until late this year or into next year. Nobody can accurately say where house prices will go from here. Plenty of people incorrectly predicted declines in early 2020, and just as many expected a recovery to be under way by now. Reserve Bank forecasts suggest prices will grow by 4.2% annually over the coming three years. That's below the long-term average (which has been 5.7% since 1990) but it's slightly above inflation, GDP and population growth expectations. All these headwinds, as well as a high number of listings, have swung the power balance in favour of buyers, including those looking for a first home. That's unlikely to change in the near term, which is good news in many ways. I'm not sure if any of us should be hoping for another boom. A stable-but-sluggish period for house prices could be a more desirable outcome for the economy, and society overall. For the first time in a long while, the housing market is working more for buyers than sellers, and that rebalancing might be exactly what we need. Mark Lister is investment director at Craigs Investment Partners. The information in this article is provided for information only, is intended to be general in nature, and does not take into account your financial situation, objectives, goals, or risk tolerance. Before making any investment decision, Craigs Investment Partners recommends you contact an investment adviser.
