Pānui | Media Statement

Thursday, November 17, 2016

Waipareira Board remains intact

Waipareira Chair Raymond Hall says the organisation continues with a strong financial and governance position – a reason why the same three trustees were voted back on to the Board at last night’s Annual General Meeting.

Hundreds turned up to Hoani Waititi Marae in west Auckland to participate in Waipareira’s yearly report card back to the community.

Along with the Financial and Executive Officer’s report, Trustees Evelyn Taumaunu, Jared ‘Bumpa’ Taumaunu and kaumatua Phil Paki’s three year Board rotation was ending.

Those three, along with four others had been accepted as candidates, following a robust nomination process led by law expert Dayle Takitimu.

“We were in a fortunate position to have seven outstanding candidates nominated and left it for the Waipareira whanau to make the decision on who to endorse,” Raymond said.

“I offer my congratulations to Evelyn, Bumpa and Phil for their reselection to the Waipareira Board.

“The vote also shows me the confidence this whanau have in this Board to keep it intact.” “I’d also like to thank the Returning Officer Dayle Takitimu for running a smooth and open nomination and voting process.” Ray said the Chief Financial Officer’s report, highlighted Waipareira was financially sound with:

• The 5 entities managed by the Waipareira back office receiving unmodified audit opinions from KPMG

• delivered $1.4 million on operating surplus and equity of $28.5m

• Remains debt free

• Since 2006, total group assets increased 89% to $34.6m

“The Board has invested heavily in our people, which is why we raised our minimum wage to $20, and also technology,” Raymond said.

“We will always look for ways to do what’s right and best for our staff and west Auckland whanau.”

Copies of the 2015-2016 Waipareira’s Annual Report will be available on the Waipareira website later this month.

For more information contact Joseph Lose on 0280007546 or joseph.lose@waiwhanau.com

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