The Ngati Pahauwera Development Trust (NPDT) acknowledge the services of Michael Chamberlain who submitted his resignation as the Ngati Pahauwera Commercial Development Ltd (NPCDL) Chairman and as an independent director. Michael has provided exemplary advice and support to NPCDL not only in the equities portfolio but across all the investments of NPCDL. The trustees wish Michael and his whanau all the best in the future and reiterate the contribution to Ngati Pahauwera development. NPDT have already initiated a process to determine interest and seek new directors from within Ngati Pahauwera and a further process will be decided for the appointment of independent directors. Tom Keefe has been appointed Chairman of NPCDL.