CCMAU – Vision and purpose
Vision
The New Zealand Government’s ownership advisor of choice – a sought-after leader in the provision of commercial and wider ownership advice, highly respected worldwide for what we do.
Purpose
CCMAU contributes to the efficient management of the Crown’s balance sheet and net worth by providing services which enable shareholding Ministers to hold Crown company and entity boards accountable for their performance in maintaining and enhancing shareholder value.
CCMAU monitors companies and entities to advise Ministers on: company and entity performance; significant investment and divestment decisions by boards; and strategies to achieve effective management of the Crown’s assets. CCMAU provides services in the following areas:
CCMAU provides services in the following areas:
- Monitoring – reporting on business plans, company reports, performance against targets and sectoral trends.
- Ownership advice – advising on strategic issues, investment and diversification opportunities, restructuring issues, and the impact of policy positions.
- Ministerial servicing – managing issues and drafting replies to correspondence, parliamentary questions and Official Information Act requests.
- Governance – identifying and screening potential directors, managing the appointments processes and promoting best-practice corporate governance of Crown companies and entities.
Relationship with the Treasury
The Executive Director of CCMAU is directly accountable to the Secretary to the Treasury for the Crown’s investment in CCMAU, and for CCMAU’s performance in providing the output classes Ministers seek.
