Duncan Saville steps down from Infratil board after 22 years

Thu, 18 Aug 2016

By Edwin Mitson Aug. 18 (BusinessDesk) - Duncan Saville is to retire as a director of Infratil at the company's annual meeting later this month after 22 years in the role. Saville's departure from the board comes after the Utilico investment vehicle he manages reduced its stake in Infratil to just 2.5 percent in May, having been one of the infrastructure investor's biggest shareholders with a 20 percent stake before it started selling in 2010. He was appointed as a director of Wellington-based Infratil in March 1994, when the company...

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