Our Board of Directors
Lutra’s Board of directors comprises Maseina Koneferenisi, Jamie Sinclair (Chair), and Shayne Cunis.
Jamie and Shayne were appointed by Lutra’s major shareholder, Watercare Services Limited. Jamie is Watercare’s Chief Corporate Services Officer, additionally Shayne is Watercare's Executive Programme Director - Central Interceptor.
The Lutra board meets at regular intervals throughout the year. Our Corporate Governance Charter defines the duties as well as obligations of the board along with the board members covering fiduciary duty, duty of care, diligence, legal plus statutory duties, and conflicts of interest.
Jamie and Shayne were appointed by Lutra’s major shareholder, Watercare Services Limited. Jamie is Watercare’s Chief Corporate Services Officer, additionally Shayne is Watercare's Executive Programme Director - Central Interceptor.
The Lutra board meets at regular intervals throughout the year. Our Corporate Governance Charter defines the duties as well as obligations of the board along with the board members covering fiduciary duty, duty of care, diligence, legal plus statutory duties, and conflicts of interest.
Board meetings
Our Board will hold public meetings in May, then November from 2021 onwards. For those wishing to attend, please send your name and a summary of information to be presented in advance via email at governanceteam@water.co.nz or Watercare Services Ltd, Private Bag 92521, Victoria Street West, Auckland 1142.Board meetings are publicly advertised in the New Zealand Herald. Read our guidelines on public attendance for board meetings here.
What does it mean being a CCTO?
As a CCTO, we have principal objectives under Section 59 of the Local Government Act 2002 in carrying out our activities and functions. This includes:
- Achieve the objectives of our shareholders, both commercial as well as non-commercial, as specified in our Statement of Intent (SOI)
- Be a good employer (as defined in Clause 36 of Schedule 7 of the Local Government Act 2002);
- Exhibit a sense of social and environmental responsibility by having regard to the interests of the community in which we operate in, by endeavouring to accommodate or encourage these interests when we are able to do so;
- Conduct our affairs in accordance with sound business practice.
Also, under the legislative framework:
- At least two board meetings a year are required to be held in public: one before 30 June to consider our Shareholders’ comments on the draft SOI for the upcoming financial year, then one after 1 July to consider our performance under the SOI for the previous financial year. These two board meetings are open to the members of the public (with Section 7 of the Local Government Official Information and Meetings Act 1987 permitting certain private matters to be dealt with in private);
- Our financial statements, along with our SOI must be audited by the Auditor-General, or by an auditor acting on behalf of the Auditor-General.
