Peter Castle has been reappointed as Deputy Chair of Crown Asset Management Limited, the company established to manage and realise the remaining assets of a number of failed finance companies, the public depositors of which were paid out under the Crown Retail Guarantee Scheme. CAML is also responsible for realising some of the residual properties of Southern Response Limited held following the Crown assistance package to AMI.
As at February 2014 CAML had returned $210 million to the Crown
Jane Meares has been reappointed to the Board of ECNZ. This state-owned enterprise manages residual assets left after the creation of the then state-owned generation companies (Genesis, Mighty River Power and Meridian Energy) in 1999.
Jane has also been appointed as Chair of the Audit and Risk Committee of Parliamentary Counsel’s Office for a term of three years from April 2014, replacing Robert Buchanan in the role.