HNZ chairman resigns over potential conflict
The chairman of Housing New Zealand (HNZ) has stood down because of a potential conflict of interest.
Housing Minister Nick Smith today announced he had accepted the resignation of board chairman Alan Jackson.
Jackson's role as a director at Fletcher Building had become an issue because of the building work HNZ was undertaking.
"Dr Jackson wrote to me earlier this week to let me know he would be stepping down as chair to avoid a potential conflict of interest with his role as a director at Fletcher Building," Smith said.
"Given the scale and pace of new work by Housing New Zealand, including the massive rebuild programme in Christchurch, of which Fletcher Building may potentially tender for, he considered it was untenable to continue in both roles."
At the end of last month, Smith previously described HNZ's contribution to the rebuild as "the biggest Government house building programme in Christchurch's history".
Smith said Jackson had done a "splendid job", particularly in contributing to the evolution of state housing.
"He has also done an outstanding job in improving the performance of Housing New Zealand. I am disappointed to be losing his skills but support his decision given the potential conflict of interest."
Deputy chairwoman Adrienne Young-Cooper will be acting chairwoman until a new one is appointed.