INFRASTRUCTURE NEW ZEALAND Board Members

Andrew Stevens
Chair

Andrew is the current Chair of Infrastructure New Zealand having been elected at the 2018 AGM.  He has been an active member on the Board of Infrastructure New Zealand since late 2012 and represents the private construction contracting and services sector. Andrew is an experienced Senior Executive in the Infrastructure, Construction, Services and related Building and Engineering sectors. He has led two of New Zealand’s top three civil construction businesses; Fletcher Construction Infrastructure and Leighton Contractors.

Following a construction career in major civil and utility infrastructure, Andrew most recently led the diversified New Zealand Businesses of RCR Tomlinson; being RCR Energy, RCR Building Products and RCR Infrastructure.  Combined activities covered major M&E projects in energy and rail, maintenance services, HVAC and Electrical contracting and onshore manufacturing facilities.  Most business units were market leaders in New Zealand.

A civil engineering and MBA graduate, Andrew has over 30 years experience in Australia, New Zealand and the United Kingdom. In that professional career, he has handled many diverse roles spanning governance, consulting, design and project management, major project delivery, major term-services contracts, infrastructure network construction and maintenance, energy, manufacturing and building services.

Patrick Brockie
City Rail Link

Patrick is Chief Financial Officer for City Rail Link Limited. City Rail Link is a 3.45km, $4.4 billion twin-tunnel underground rail project that will connect with existing rail lines across Auckland city.  Patrick has been on the Board of Infrastructure New Zealand since 2012 and was Chair from 2015 to 2018. He is a non-exec director of World Vision New Zealand. From 2010 to 2018 Patrick was Head of Loans & Specialised Finance for ANZ Bank New Zealand Limited including responsibility for specialised finance products. Prior to ANZ Patrick had a 20 year career with Citibank based in New Zealand, Singapore, Hong Kong and London with his last position as Managing Director and Global Head of Export & Agency Finance and Trade Head for Europe, Middle East & Africa. Patrick has extensive experience with debt markets including syndications, project and acquisition finance, export agency finance and trade finance both in developed and emerging markets with much of this financing in the infrastructure, energy and telecommunications sectors.

Margaret Devlin
Professional Director

Margaret Devlin is a professional company director, working primarily in the infrastructure and service sector. She is currently chairman of Watercare, Harrison Grierson and Chair Elect of Lyttleton Port. Margaret is also a director of Aurora Energy, Hamilton Airport, Met Services NZ and IT Partners Group. She is a Councillor on Waikato University and WINTEC and a member of the National Infrastructure Advisory Board.

Phil Gurnsey
New Zealand Defence Force

Phil Gurnsey is General Manager Estate Strategy with the New Zealand Defence Force responsible for estate and infrastructure strategy, investment, planning, strategic asset management, the real estate footprint and workforce culture. Phil's group leads the development of the Defence Estate Regeneration Programme, a $1.7 billion recapitalisation of the Defence Estate, and has substantial programmes for Defence housing and modernisation of camp and base accommodation, messing and dining.  Trained as a planner, Phil has over 25 years experience in central and local government and consulting, including as a manager coordinating the NZ government climate change programme, instigating Resource Management Act reforms, leading town centre redevelopments, and developing infrastructure business cases. Phil has previously been on the board of the Wellington Conservation Board, was member of the National Committee for the Resource Management Law Association and had three years as Private Secretary to the Minister for the Environment and Climate Change Issues.

Laura Harris
BNZ

Laura is Head of Project Finance at BNZ, and has 12 years of Corporate Finance experience in Project Finance, Leveraged & Acquisition Finance, and Export Credit Agency finance. Laura currently specialises in Project and ECA financing, with a focus on infrastructure and renewable energy customers. Laura has been involved in all the NZ PPP transactions to date (leading the bank syndicates on Wiri Prison, Transmission Gully and NZ Schools 3 PPPs), several in Australia with National Australia Bank, and more recently various social housing, university accommodation and urban housing development transactions. Laura also leads BNZ’s Infrastructure Strategy, across the bank’s Partners (wholesale) and Retail divisions, as part of NAB’s broader Infrastructure Strategy, and aligning with NZ Government’s focus.

Grant Hodges
EY

Grant leads the EY Transactions and Infrastructure Advisory team in New Zealand, and is a member of EY New Zealand’s management board.

He brings of 20 years’ experience with social infrastructure business cases and transactions, for both public and private sector clients.  In New Zealand, Grant has advised on major infrastructure business cases and procurements including the Auckland Prison and the Prison Capacity Programme for the Department of Corrections, and the current Hospitality Accommodation, Messing and Dining Modernisation Programme for the New Zealand Defence Force. He also led the successful consortium bidding on the Wiri Prison PPP and has advised on the Christchurch Convention Centre procurement.  Overseas, Grant has advised on a number of housing transfers and regeneration programmes. He had a key role developing and building upon the standard UK PPP model to create new and innovative delivery and related funding structures that helped leverage private sector capital alongside government funds. Grant is vastly experience in leading teams to deliver successful client outcomes.

Graeme Johnson

Duncan Olde
Macquarie Capital (NZ) Ltd

Duncan leads the infrastructure sector team for Macquarie Capital in New Zealand. He has 25 years investment banking experience in the infrastructure sector, with a particular focus on project financing including PPPs. He has bid and delivered PPPs in North America, Australia and New Zealand.

Over the last 10 years, Duncan has been heavily involved in the development of the New Zealand PPP market having advised the successful consortia on each of the South Auckland Corrections Facility PPP, the Auckland Prion PPP and the Puhoi to Warkworth PPP. Duncan has been instrumental in forming consortia to bid for PPPs. Undertaking consortia governance roles and providing commercial and financial advice.

Duncan was also heavily involved in the implementation of the New Zealand Government’s Mixed Ownership Model, advising on the initial public offerings of both Meridian Energy and Mighty River Power.

More recently Duncan has advised Crown Infrastructure Partners on the Milldale Project Which utilised an innovative funding mechanism to finance bulk housing related infrastructure. Duncan is currently advising The Treasury and DIA on The Infrastructure Funding and Financing Programme.

Barry Potter
Auckland Council

Barry is Auckland Council’s Director of Infrastructure and Environmental Services.  This role includes Auckland’s stormwater management; the programme management and funding agreements for major housing infrastructure and for the city centre public works; Auckland’s biosecurity , biodiversity and low carbon programmes; Auckland’s kerbside recycling, waste and organics programmes; coastal and foreshore erosion/protection programmes and other specialist services.  Barry is a member of council’s executive lead team.

Barry’s background includes leading teams on significant infrastructure projects in New Zealand, Asia, South America and through the Pacific.  He has lived in Tonga, Singapore and China and has spent considerable time in Malaysia, Thailand, the Philippines and Vietnam.  Prior to joining council with the regional general manager of a significant professional services firm in Asia and New Zealand.

Ian Purdy
Accident Compensation Corporation

Ian is the Head of Direct Property and Infrastructure Investment for Accident Compensation Corporation (ACC). He has been responsible for ACC’s property and infrastructure investments for over a decade, which have grown from $50 million to over $1.2b during this time. He has negotiated and structured the purchase of approximately $1.2b of assets for ACC, employing a number of different transaction structures across a wide range of property and infrastructure assets in both the public and private markets. Ian has led ACC’s PPP team through three successful PPP bids. Ian has also structured a number of innovated transactions in the property space. Prior to working at ACC, Ian worked in the equity research team at UBS, where he focused on researching companies listed on the New Zealand share market in the transport, infrastructure and property sectors.

Peter Reidy
Fletcher Construction

Peter Reidy joined Fletcher Building as Chief Executive – Construction on 29 October 2018.  Prior to joining Fletcher Construction, Peter was Chief Executive of KiwiRail, New Zealand’s National Rail & Ferry, Infrastructure and Freight & Tourism business.

Prior to KiwiRail, Peter held a number of senior leadership roles with Downer Group in both New Zealand, Australia and Singapore, including Board roles on the KeolisDowner Joint Venture operating Yarra Trams in Melbourne, Gold Coast Light Rail and also held senior leadership roles with Todd Energy and Freightways New Zealand.

Peter brings to Fletcher Construction a successful track record of leading and building service and infrastructure-based businesses in the transport, logistics, energy, construction and mining sectors in Australia, New Zealand, Asia and the United Kingdom.

Peter is a passionate leader focussed on health & safety, customer engagement, people and culture.

Tracey Ryan
Beca

Tracey is the Transport and Infrastructure Clients and Markets Director at Beca. Prior to that she was the Managing Director of ERM in New Zealand and the Director for Sustainability and Climate Change at EY. Tracey is a hydrogeologist by training with 23 years’ of international professional services experience. She has been involved with many high profile overseas PPP and project finance transactions including Perpignan to Figueres High Speed Rail Line, Madrid Calle 30 Highway PPP,  London Underground PPP,  Gdansk Port Development, Limerick Bypass Scheme PPP, and Hyderabad International Airport.  She has broad experience across governance, leadership, strategy, operations, stakeholder engagement and communication. In her current role, Tracey is part of Beca’s leadership team for Urban Growth and Regional Transformation - which aspires to realise the potential of our cities and regions and deliver sustainable and integrated customer centric solutions nationwide.  She is passionate about motivating and inspiring more young women to choose careers in STEM. She coaches and mentors emerging leaders, and is on the advisory board for NZ Women’s Infrastructure Network (WIN).

Sarah Sinclair
MinterEllisonRuddWatts Lawyers

Sarah is a partner at law firm MinterEllisonRuddWatts. Sarah has a strong focus on the energy sector, construction law (including process plant / engineering), infrastructure development and project finance (including PPPs). As well as her work with the New Zealand Council for Infrastructure Development, Sarah was a member of the External Consultants Group advising the Ministry of Business Innovation and Employment (MBIE) on the social housing reform programme. Sarah has worked in private practice and in-house in each case both internationally and in New Zealand

Sarahs work has included the restructure of the electricity industry in New Zealand in 2010; construction and development of power stations and process plant; large scale remediation, maintenance and refurbishment projects; upstream oil and gas developments including Kupe and Pohokura; joint venture and consortium arrangements (including operating committee experience); contracting structures, tendering, negotiation of contracts; regulatory matters (including oil and gas, carbon gas and electricity markets), industry arrangements and codes, construction and development, and negotiation of acquisitions and divestments. Sarah has acted on the Hobsonville Schools PPP project, the first PPP project to reach financial close in New Zealand, as well as acting for the bank group to a bidder for the Wiri Prison PPP and, in a separate role, acting together with Minter Ellison (Melbourne) for a sub-contractor.