In a recent announcement, Quayside Holdings, a Council Controlled Organisation (CCTO), introduced Mark Wynne as its new Board Chair. This appointment affirms Quayside’s commitment to building a sustainable fund that provides intergenerational wealth for the Bay of Plenty region, in balance with providing a regular distribution to its shareholder, the Bay of Plenty Regional Council. Whilst a delicate balance between the two objectives, the driver to provide enduring prosperity for the region remains true.
At the helm
Mark brings a wealth of primary industry and commercial sector experience to the Quayside Board, with a career spanning over two decades, encompassing dairy, manufacturing, agri-nutrients, and personal care sectors.
His extensive global roles in leadership and operations have been marked by a strong track record of delivering sustained profitable growth in challenging conditions.
He recently concluded a nine-year tenure as CEO of Ballance Agri-Nutrients, New Zealand’s leading fertiliser company, where he spearheaded purpose and growth strategy development, manufacturing upgrades, innovation pipelines, capital project management, and digital transformation initiatives. Before this, he was Managing Director ANZ and South Asia Regional President for Kimberly-Clark, a USA-listed company.
With more than 20 years in the dairy industry, including leadership roles at Fonterra, Mark has amassed local and global experience, contributing to his roles on various Boards such as the Fertiliser Association of New Zealand, Alliance Group and Manuka Health amongst others.
Depth of experience
Joining the Board concurrently in October 2023, are Independent Directors, David Fear and Fraser Whineray.
David’s 40-year depth of expertise in investment and financial markets, where he held roles across Institutional Equities, Wealth Management, and Investment Banking divisions, underscores his commercial acumen. In complement, Fraser’s experience as the Chief Executive of NZX and ASX-listed Mercury, COO of Fonterra Co-operative, Associate Director at First NZ Capital, and governance roles at Tilt Renewables, Kotahi, Opus International Consultants, Carter Holt Harvey and NZ Dairy Board to name a few, provide a huge asset to our Board.
The vision for Quayside is deeply rooted in its core values of responsible financial stewardship and partnership.
Alongside this, Mark and the rest of Quayside’s experienced Board, understand the importance of balancing commercial interests with environmental and social considerations, ensuring that Quayside investments yield financial returns and provide regional benefit through the provision of an annual distribution to its shareholder, Bay of Plenty Regional Council.
A bright horizon
With a clear line of sight, to intergenerational prosperity, Quayside will continue to pursue investment opportunities that align with its risk appetite and strategic objectives, while also prioritising diversification to mitigate risk and enhance resilience. A key focus is the development of the Rangiuru Business Park, a project that holds immense potential for economic growth and job creation in the region.
“We’re excited to see Stage 1a titles coming to market next year, meeting the demand for quality industrial land in a growth corridor” says Mark.
He also recognises the importance of responsible investment practices in today’s rapidly changing world. Quayside is committed to growing its maturity and upholding environmental, social, and governance (ESG) principles in its investment decisions, producing its first climate-related disclosures this year.
Mark Wynne’s appointment as Board Chair marks an exciting new chapter for Quayside Holdings. With his leadership and vision, Quayside will continue to chart a course towards sustainable growth, community prosperity, and responsible stewardship of public funds.
Remaining steadfast in its commitment to creating a brighter future for the Bay of Plenty region and its residents.
Related: Revitalising Tauranga: Quayside’s Strategic CBD Partnership
