The Treasury's Organisation Structure
Page updated 14 Sep 2013
Diagram of the Treasury's Organisation Structure

Executive Leadership Team
The Secretary to the Treasury, Deputy Chief Executive and the Deputy Secretaries form the Treasury's Executive Leadership Team (ELT). The ELT sets the results for the Treasury as a whole, with the emphasis on strategic decision-making aimed at maximising organisational impact. The ELT provides senior-level internal and external leadership for the organisation and meets regularly to advise on and discuss Treasury priorities and broad resource allocation.
- Gabriel Makhlouf, Secretary to the Treasury and Chief Executive
- Vicky Robertson, Deputy Chief Executive
- Cath Atkins, Deputy Secretary, Growth and Public Services
- Brendon Doyle, Deputy Secretary, Financial Operations and Head of the New Zealand Debt Management Office (NZDMO)
- John Crawford, Deputy Secretary, Commercial Transactions
- Richard Forgan, Deputy Secretary, Budget and Public Services
- Dr Girol Karacaoglu, Deputy Secretary, Macroeconomics, International and Economic Research / Chief Economist
- Bill Moran, Deputy Secretary, Strategy, Change and Performance
- Andrew Turner, Deputy Secretary, Crown Ownership Monitoring Unit
- Fergus Welsh, Deputy Secretary, Chief Financial Officer / Chief Accountant
Strategy, Change and Performance
- Legal (Manager and Treasury Solicitor: Jeremy Salmond)
- Communications (Manager: Anna Symmans) - See Contact Us for contact details of media staff.
- Office of the Executive (Manager: Kirsty Flannagan)
- Ministerial Advisory Service (Manager: Kirsty Flannagan)
- Business Support (Manager: Jo Hickling)
Financial Operations and New Zealand Debt Management Office (NZDMO)
- See the NZDMO website.
- Portfolio Management (Head: Sarah Vrede)
- Accounting and Transactional Services (Head: John Toomath)
- Risk Policy and Balance Sheet (Head: Andrew Hagan)
- Technology (Head: Vacant)
- New Zealand Export Credit Office (NZECO) (Manager: Chris Chapman) - See the NZECO website.
Commercial Transactions
- Deposit Guarantee Scheme (Manager: John Park; Director: Brian McCulloch)
- Commercial Transactions Group (Directors: Chris White (Government Share Offer Programme) and Brian McCulloch)
Budget & Public Services
- Justice and Security (Manager: Oliver Valins)
- Health (Manager: Bed McBride)
- Fiscal and State Sector Management (Manager: Cheryl Barnes)
- Earthquake Coordination (Manager: Tom Hall, reports to John Crawford)
- Performance Hub (Ryan Orange, Deputy Commissioner, State Services Commission, Managers: Gerald Minnee and Sonia Wansborough)
Macroeconomic, International and Economic Research
- Chief Economist (Dr Girol Karacaoglu)
- Economic Research and Analysis (Manager: )
- Financial Markets and International (Manager: Fiona Ross)
- Forecasting and Modelling (Manager: Peter Mawson)
- Macroeconomic and Fiscal Policy (Acting Managers: Paul Rodway and Renee Philip)
Growth and Public Services
- Economic Performance and Strategy (Manager: Jane Frances)
- Education and Skills (Acting Manager: Katherine Meerman)
- Housing (Manager: Ruth Isaac)
- Natural Resources (Manager: Melody Guy)
- Labour Market and Welfare (Manager: Fiona Carter-Giddings)
- National Infrastructure Unit (Manager: David Taylor) - See the National Infrastructure Unit website
- Tax Strategy and Regulatory Quality (Manager: Colin Hall)
Crown Ownership Monitoring Unit
- See the COMU website.
- Appointments and Governance (Manager: Steve Rich)
- Monitoring - Commercial (Manager: James Cunningham)
- Monitoring - Mixed Objective (Manager: David Snell)
Chief Financial Officer / Chief Accountant
- Fiscal Reporting (Manager: Nicola Haslam)
- State Sector Productivity (Manager: Valerie Wheeler)
Central Agency Shared Services (CASS)
- CASS (Director: Alastair Mackay)
- Central Agencies Development Programme (Manager: Kevin O'Shaughnessy)
- Human Resources (Manager: Terry McCaul)
- Finance (Manager: Sara Brownlie)
- Knowledge Infrastructure Services (Manager and Chief Information and Technology Officer: Matt O'Mara)
