Two new non-executive directors have been appointed to the board of Trustees Executors Ltd, effective immediately. Murray King and Dennis Church join non-executive chair James Douglas. All three directors are independent. Following a February transaction, Trustees Executors is now part of the New Zealand-owned Perpetual Guardian Group, the country’s largest and most comprehensive fiduciary services Group. King was a partner in the banking and financial services department of Bell Gully for 24 years and remained as a consultant for a further two years. He has
broad experience across all aspects of debt capital markets and is a recognised expert in the securitisation field. During his legal career, King advised leading statutory supervisors on both wholesale and retail debt issues and securitisation transactions. He holds a BCom/LLB (Hons) from the University of Auckland. Church is an experienced senior executive in the financial services industry with more than 30 years’ experience, including as general manager for two corporate trustee businesses. His expertise includes the supervision of a wide range of securities and
financial products, from KiwiSaver and superannuation schemes to debt securities, securitised assets, covered bonds, retirement villages, and marinas. He has worked as a share broker and as a management consultant with an international consultancy. Church is a chartered accountant (CAANZ) and a licensed independent trustee. He holds an MBA from Victoria University. Trustees Executors board chair James Douglas said: “We are pleased to welcome Dennis and Murray as non-executive directors. Dennis has spent more than 30 years at the heart of corporate trustee businesses and
has hands-on experience supervising the full range of products and structures our clients rely on. “Murray is a nationally recognised authority in debt capital markets and securitisation, a strategically important area for Trustees Executors as we grow our presence in that market. Together, they give us a board that is highly current in skills and capability and ready to support the business as it enters its next chapter.” Perpetual Guardian Group CEO Patrick Gamble said: “Since bringing Trustees Executors into our group, we have found
its existing clients value it highly. The team runs a disciplined, well-managed operation with strong supervisory and governance practices. “We are committed to governance independence, and this independent board … is a compelling proposition for any fund manager, issuer, or institution that needs a specialist supervisor or corporate trustee they can genuinely rely on.” This is supplied content and not commissioned or paid for by NBR.
Trustees Executors, Murray King, Dennis Church, James Douglas, independent directors, Perpetual Guardian Group, fiduciary services, debt capital markets, securitisation, KiwiSaver, corporate trustee