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Te Korowai o Ngāruahine – Key Board Messages July 2022

Sheree • Aug 10, 2022

Key Board Messages July 2022

Te Korowai Board met on Friday 1 July 2022 and can share the following highlights:  

  1. Te Korowai has seen an increase in kaimahi over the past 6 months.   This time last year we had five kaimahi working in the tari.   By March 2022 there were 12 kaimahi and today we have 18 kaimahi working to deliver on the five year strategy and the Annual Plan for 2022.   We have two new teams and a Whare Kōrero. Te Rōpū Hāpai – Finance Team and Te Rōpū Pāpāho – Communications Team and Te Whare Kōrero o Ngāruahine.   Please welcome Emma Park, John Tapiata, Neta Riley, Janine Maruera, Jackson Cassidy, Moesha Katene Rawiri who are brand new to our team, starting in May and June of this year as well as Phillip and Puhi Nuku, who are no strangers to our landscape.   Congratulations also to Ritihia Waller and Rowan Reihana who have moved from their previous positions into new roles within Te Rōpū Hāpai and to Rhonda Vanstone who joined the team as EA to the Tumu Whakarae. Rhonda will also support the governance function of Te Korowai. 

  2. We continue to work towards growing our register.   This enables us to understand where our uri can be located, supporting our efforts to reach out to all our people, no matter where they are in the world.   We encourage you all to contact the tari or reach out on our communication platforms if you are needing tautoko to register.

  3. WITT deliver a Level 4, Māori Governance course which is pitched at directors and emerging directors.   We are encouraging all whānau who sit on our hapū and marae committees, or our rangatahi coming through, to enrol in this course for 2023.   This course will support our grassroots directors / trustees strenghthening the skillset you already have.   On 7 July 2022, Te Korowai o Ngāruahine Trust, signed a Memorandum of Understanding   with WITT.   This strong relationship will support the Te Ara Toiroa Strategy, Kura to Career Pipeline and encourage more courses to be delivered to our takiwā, such as the successful NZ Certificate in Manaaki Marae – Te Nihowera, Te Ringawera (Kaupae 3).

  4. 2022 saw the inclusion of a public holiday which celebrates Te Tau Hou Māori.   Ngāruahine have for the past 9 years been publically celebrating Puanga and Matariki via wānanga, ceremonies, toi exhibitions and kai hākari.   This year saw Te Korowai actively supporting events that were celebrated in the community, delivering online education videos, a series of whakatauki pertaining to Puanga and Matariki, and an online talent quest.   We made the unfortunate decision, for the safety of our kaumatua, to postpone Te Pō Whakanui i a Puanga which was due to take place on Saturday 30 July.   We look forward to celebrating together on 3 December 2022 instead. 

  5. We can also celebrate a positive audit report for the 2021 year and feedback from the auditor:
    • Investment performance has been very positive.   We have seen considerable growth. Our managed funds particularly have done extremely well in the last 12 months.  
    • There was a word of caution for us all – the next 12 months will not look so rosy, and we may see decreases. Shares have already started showing decreases in the last few months. We should not be surprised.
    • However, our investments have been well managed.   The diversifying of our investments has worked in our favour – a credit to the portfolio of investments that we have.

  6. The growth continues in our local Impact Investment space also.   While we have seen the diversification of our investments contribute to the wellbeing of the nation, we are bringing it back into our takiwā also.   We invited uri to a series of hui / wānanga during the month of July for “Kāinga Whakaahurangi” and “Project Tūkau”. These projects are about scoping out what our Kāinga / Housing aspirations are as uri, in Whakaahurangi and the returning of Te Korowai Kaupapa / operations into Ngāruahine boundaries.   Keep an eye out on our social media platforms for further wānanga and hui dates on these kaupapa.

  7. Hinerangi Raumati has resigned as the Chairperson of Te Kīwai Mauī. Hinerangi has shared her time, experience and mātauranga with us for 6 years and it is now time for her to explore other ventures.   We wish Hinerangi and her whānau, all the best for the future.   We advertised for a Director and received a great response – an announcement will be made shortly.  
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Mauri ora

Paula Carr
Pouwhakarae

 

08 Apr, 2024
Te Kīwai Mauī o Ngāruahine | Director Vacancy A rare opportunity has arisen within Te Kīwai Mauī o Ngāruahine, the commercial arm of Te Korowai o Ngāruahine Trust, for a Director on the Board. We are looking for an experienced Director to support the implementation of the Board’s strategies and the ongoing growth of settlement assets for the benefit of Ngāruahine Iwi. Ko wai mātou? | About us Te Kīwai Mauī o Ngāruahine administers a large asset portfolio and is also responsible for the iwi fisheries quota. In 2023, Te Korowai approved Pupuke te Hihiri, impact investment strategy. Te Kīwai Mauī o Ngāruahine is the responsible Group entity for the implementation of this strategy, which ensures a principled transition into impact investments in our rohe over the next five years. Te Tūnga | The position Te Kīwai Mauī o Ngāruahine Board is made up of two trustees from the parent Trust and three independent directors. Directors are required to comply with the duties outlined in the Companies Act and Group policies. We welcome applicants with a high-level of critical thinking, as well as: A high level of governance experience Proven experience developing and executing strategic investment policies and objectives (SIPO) Exceptional commercial and financial acumen, particularly in direct investments Passion and understanding of tikanga Māori and intergenerational wellbeing Governance or executive level experience in impact investments or tourism would be an advantage Me pēhea te tono | How to apply For more information or to apply, please contact hrpayroll@ngaruahine.iwi.nz Applications close 5pm, 26 April 2024.
10 Mar, 2024
Tēnā koe! Ko te āhua nei, kua hopū koe, i te tono e paa ana ki ngā tūranga e wātea ana! Ngā mihi ki koe hoki. We are in an exciting growth and development period. We are excited to be working on Pupuke te Hihiri, our five year Whai Rawa (Impact Investment) Strategy (2022-2027). Endorsed by Te Korowai o Ngāruahine Trust in March 2023, the purpose of this strategy is to guide Te Korowai Group into investments that will provide a social, cultural, environmental as well as, economic return for the benefit of Ngāruahine. Since signing the Ngāruahine Iwi historical treaty settlement with the Crown in 2014, we've seen our asset base grow from from $67.5m to $112m ($44.5m increase) for the year ending 31 March 2023. This was achieved through the implementation of a diversified and prudent investment portfolio. To date, these investments can be described as traditionally commercial, whilst being mindful of ethical considerations. This investment growth has meant we are now able to broaden its focus and include impact investments. Pupuke Te Hihiri is aligned to our overarching strategy Ka Ora Taku Toa and is complimented by a suite of strategies in certain focus areas. This suite of strategies are essential for guiding our core work (investments, Hapū enablement, progressing our treaty settlement arrangements, advocacy and partnerships with community) so that we are intentional, creating the greatest impact and measurable value for our people. We're on a roll. Our investment focus has turned even more towards generating meaningful direct benefits to ngā uri o Ngāruahine. In order to deliver successfully we need a Program Manager for two of our current Impact Investments that are in the Business Case stage. Please follow the links below for more information. There is a possibility that the right applicant could manage both programs. WHAKAAHURANGI KĀINGA View RFP PROJECT TŪKAU View RFP Linked and attached to the RFP are documents which will help inform your proposal for this position(s). Proposals are due on March 17 2024. All relevant information is contained within the RFP however, if you have any queries, please contact Te Awa Johnstone at teawa@maui.nz. Tūwhitia te hopo, mairangatia te angitū!
By Te Korowai o Ngāruahine Trust 02 Mar, 2024
Media Release from Te Korowai o Ngāruahine Trust dated 2 March 2024 for your information. Click mage to read Media Release.
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