Public Trust makes board changes
Karen Price has been appointed acting chair of the board.
Karen Price.
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Karen Price has been appointed acting chair of the Public Trust board from April 1.
She replaces outgoing chair Ian Fitzgerald, who has served on the board for the past eight years.
Price comes to the role with a strong background in law and governance. An experienced independent director, she currently chairs a range of SME boards such as Jasmax Group, Aotea Electric Auckland, and Freshco, and is a board member for the Institute of Directors.
Public Trust is an autonomous Crown entity and New Zealand’s largest provider of trustee and estate administration services.
Price said she was honoured to take up the role and support Public Trust’s purpose to empower New Zealanders to build and protect their legacies.
“As New Zealand’s population ages and the pace of intergenerational wealth transfer quickens, our services are needed more than ever. New Zealanders count on us to be the best at what we do, and our role is to deliver for our customers, now and in the future.”
Price joined the Public Trust board in July last year. Reflecting on the recent board changes, she thanked Fitzgerald for his many years of commitment and public service.
“Under Ian’s leadership, Public Trust has strengthened its service delivery, financial performance, risk management and governance. Ian is a keen student of history – and I think this chapter in our history will be remembered as a time we became a more resilient and forward-looking organisation.”
This latest change follows the unexpected passing of Public Trust’s longtime deputy chair John Duncan, in February. “John served on our board for 10 years and his passing is keenly felt by Public Trust,” she said.
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Public Trust makes board changes
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