Auckland Council is seeking to appoint an additional director to the board of Auckland Future Fund Trustee Limited (AFFTL), the Council-Controlled Organisation responsible for managing and growing Auckland’s regional wealth fund on behalf of current and future Aucklanders.
Established through the Long-term Plan 2024 - 2034, the Auckland Future Fund was created to enhance Auckland’s long-term financial and physical resilience, protect the real value of the council’s intergenerational assets, and generate sustainable cash returns that reduce reliance on rates. The fund, currently capitalised at approximately $1.3 billion and managed by global investment manager Vontobel. The board provides oversight of the fund’s investment strategy and holds the fund manager to account for its performance and implementation.
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The Opportunity
This is a new appointment that will strengthen the governance capacity of the AFFTL board and bring additional perspectives to its work. The successful candidate will join a board of experienced investment professionals and contribute to decisions that have a direct and enduring bearing on Auckland’s financial wellbeing.
What we are looking for
In addition, all AFFTL directors are expected to demonstrate a passion for Auckland and commitment to improving outcomes for Aucklanders, an understanding of public sector accountability and financial stewardship, the ability to uphold the principles of the Treaty of Waitangi and promote improved outcomes for Māori, and a commitment to integrating climate considerations into the work of the organisation.
How to Apply:
Applications are invited from suitably qualified candidates, and close at 11:59pm Friday 19 June.
To express interest or for further information, please contact Rhonda Maxwell at rhonda.maxwell@aucklandcouncil.govt.nz
Auckland Council is committed to reflecting the diversity of our city and community in its governance appointments.
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