Invercargill City Holdings Limited is a 100% owned subsidiary of Invercargill City Council.
The philosophy of Invercargill City Holdings Limited is to ensure that the trading companies are operating efficiently to ensure that the maximum returns are made as a dividend back to the ratepayers of Invercargill.
The Dividend flows back to Invercargill City council for the last 5 years are:
|2017||5,300,000||11.00 per cent|
|2016||4,700,000||9.82 per cent|
|2015||4,200,000||9.13 per cent|
Invercargill City Holdings Limited owns shares in the following subsidiaries
- Electricity Invercargill Limited (100%) www.eil.co.nz
- Invercargill City Forests Limited (100%) www.icfl.co.nz
- Invercargill Airport Limited (97.8%) www.invercargillairport.co.nz
The role of Invercargill City Holdings Limited is to provide governance, funding and treasury support to all of our subsidiary companies.
Brian is an experienced professional Director with a wealth of experience from a range of private and public sector roles. Brian is currently Chair of Buller Holdings Ltd, Westreef Services Ltd, Delta Utility Services Ltd, and Canterbury Linen Services Ltd.
He is a Director of Lyttleton Port Company Ltd, Harrison Grierson Holdings Ltd, Mainpower Ltd and Buller Recreation Ltd. He’s also Chairman of the Christchurch City Council’s project steering groups for the Library and Town Hall rebuilds. Brian is also Chair of the Oversight Group for the construction of the highway and rail line from Picton to Christchurch. He has held the role of Director on Dunedin City Holdings Ltd as well.
He is a Chartered Fellow of the Institute of Directors and holds a Master of Business Administration (Otago).
Director and Deputy Chair – B Com, FCA, Dip Bus Studs (IS)
Tim has been the Chief Financial Officer of SBS Bank since 2003. Previous to that he was CFO of Terralink International Limited and has held various other managerial roles in Finance and information Systems in the corporate sector prior to which he was with Ernst and Young for 10 years in Invercargill and Wellington.
Tim is a Fellow of Chartered Accountants Australia and NZ. His directorships include Southsure Assurance Limited, Abbotts Insurance Group and Invercargill City Properties Limited. In addition he is Chairman of Presbyterian Support Southland and holds company secretarial positions within the SBS Bank Group.
Tim is a Member of the Institute of Directors.
Jenn’s public and private sector experience has involved working in consulting, management and governance roles. Jenn currently works across sectors as diverse as Science and Innovation, Education, Tourism, Engineering and Environment.
In addition to being on the Invercargill City Holdings Limited Board, Jenn is Chair of
Tonkin + Taylor, the Tertiary Education Commission and the New Zealand Cycle Trail, and on the boards of the New Zealand Qualifications Authority and Arrow Irrigation C. She was formerly on the boards of Tourism New Zealand and Southern Response Earthquake Services and chaired the Ara Institute of Canterbury.
Jenn’s background is in strategy and organisational performance. She has previously held a number of senior management roles and performed various reviews for government agencies.
Jenn is a member of the Institute of Directors.
Director MBA, CA, Dip Grad, Bcom, NZDipBus
John has been the CEO of Malloch McClean Limited for the past 10 years while working closely with the firms Tasman and Westport offices as they build their businesses.
He provides strategic, facilitation, mentoring, tax advisory and governance services to the start-up, commercial, retail, rural, and professional services sectors nationally.
He is a Chartered Accountant and holds a Certificate of Public Practice with Chartered Accountants Australia New Zealand and is a member of the Institute of Directors.
John is a Regional Councillor for Chartered Accountants Australia and New Zealand, holds Directorships with Malloch McClean Limited, MMCA Tasman Limited and South Alive Limited along with a number of private companies. In addition, he is a member of the SIT Business Consultative Group and the Board of Trustees at St John’s Girls School.
Peter has had a wide range of experience across a range of sectors included whilst a Chartered Accountant, in senior management positions as well as, as a Director.
Whilst continuing to hold a senior management role in a large privately owned company,
Peter is Chair of Southfuels Limited and Sicon Limited and a Director of Invercargill City Property Limited.
Previous directorships have included Blue Sky Meats (NZ) Limited and Invest South LP.
He is a Fellow of Chartered Accountants Australia and New Zealand, a Chartered Fellow of the Institute of Directors and holds a B Com from Otago University.
Acting General Manager:
Contact telephone: 03 211 1777