Development West Coast Independent trustees reappointed

2 February 2012

Development West Coast Independent trustees reappointed

Development West Coast’s two independent Trustees have been reappointed for a further three-year term on the Board. Robert Buchanan has been appointed by the New Zealand Law Society and Mark Lockington by the Institute of Chartered Accountants.

Mr Buchanan is the Deputy Chair of DWC and has been on the board since 2009. Mr Lockington has been a Trustee since 2005 and is currently the Chair of DWC’s Finance and Audit Committee and the Pike River Distribution Fund Committee.

DWC Chair John Sturgeon says he is delighted both have been reappointed.

“Both Robert and Mark add a lot to our board. Robert Buchanan has been a tower of strength to me over my first year as Chair and Mark has excellent financial and governance experience,” he says.

Robert Buchanan is a former director of the Law Commission and was an Assistant Auditor-General for eight years until setting up his independent Wellington legal practice in 2006. He specialises in public sector governance and risk management.

Greymouth born Mark Lockington is a qualified Chartered Accountant and a member of the Institute of Chartered Accountants of New Zealand. He works for Westland Milk Products as Company Secretary and has been employed by companies in New Zealand and Australia in management, financial, accounting and administrative roles.

DWC CEO Dr John Chang says the current board is very experienced.

“The board members complement each other and have a great chemistry. Mr Buchanan and Mr Lockington will continue to stabilise the organisation at a governance level,” he says.

DWC is governed by a board of seven trustees, three are elected, one is appointed by the local regional and district councils, one by Te Runanga Ngai Tahu, one by the Institute of Chartered Accountants and one by the New Zealand Law Society.

ENDS

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