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Key Board Messages – Poutūterangi 2023

Sheree • Mar 06, 2023

Key Board Messages - Poutūterangi 2023 / March 2023

E whakaaro ana ki rātou mā kua nunumi atu.  Hoki wairua atu rā ki ou nui, ki our ahi i te pō.
Ka mihi ki tātou te hunga ora e noho ora mai i tēnei ao mārama, tēnā tātou katoa.

The boards of Te Kīwai Mauī and Te Korowai came together before Te Korowai’s bi-monthly hui on Rāmere 3 Poutūterangi 2023 (Friday 3 March 2023) to wānanga on the Pupuke te Hihiri Whai Rawa Impact Investment Strategy.

The Board approved the strategy and Trustees now look forward to communicating it to Hapū.  This  is a great outcome for our people as we rethink the way we invest and bring those investments  closer to home, producing direct benefits for uri. It is an exciting space for us to be in!

Whai Rawa investments focus on social, cultural and economic outcomes.  The profit from these investments are reinvested into further Whai Rawa investments – in doing so, building a circular Ngāruahine economy. 

So far, three developments have been identified to produce direct benefits – these are a community
space in Manaia (Project Tūkau), Te Rere o Kapuni and a kāinga project. 

Other highlights from the Board hui:

  • Te Korowai received a quarterly investment performance report from Te Kīwai Mauī Chair, Taari Nicholas.  Taari briefed the Board on the financial impacts to our rohe of the war in Ukraine and the changing climate.
  • Te Korowai received updates on mahi in the tari from the Tumu Whakarae, whenua reacquisition, upcoming Trustee Elections 2023, the Iwi Registry, Te Paepae o Aotea and our Trustee representatives working with STDC.
  • Te Korowai agreed to support an intervention by our whanaunga Ngāti Ruanui in the judicial review application lodged by the  ‘Students for Climate Solutions Incorporated’ of the way. the Crown issues new exploration permits for onshore oil and gas exploration. 

In other news:

  • The new Mana Hautū of Te Kīwai Mauī, Jayde Wilkinson was welcomed into his role.
  • Te Korowai and Ngāruahine Iwi Authority formally recognised their enduring relationship with the signing of the kawenata at Te Aroha o Tītokowaru on the evening of Rāpare 2 Poutūterangi (Thursday 2 March).
  • Te Korowai congratulates Aotea Utanganui, Ngā Purapura o te Taihauāuru and Te Reanga Mōrehu o Ratana for their stands at Te Matatini last week, as well as all of our other teams who won their respective rohe whakataetae and stood as proud uri on the national stage.  E pohokererū ana mātou i o koutou tū! Taukē!
  • Te whakataka o te mauri o Te Matatini will arrive at Ratana Pā on Rāhoroi 15 Paengawhāwhā (Saturday 15 April).  A rātaka will become available when the finer details are confirmed.  Planning is now underway for Taranaki to host Te Matatini 2025
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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