Kiwibank board back in compliance after Gribben exit

Wed, 04 Dec 2013

Dec. 4 (BusinessDesk) - State-owned lender Kiwibank is back within the terms of its bank registration after the departure of New Zealand Post director Murray Gribben evened up the number of independent directors on the board. Gribben resigned from the boards of New Zealand Post and Kiwibank on Nov. 30 to take up a new role as chief executive of Crown Irrigation Investments, the government’s new entity designed to act as a bridging investor for regional water infrastructure development. He was appointed CEO in September, and was scheduled to...

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