About CCHL

CCHL was set up 1993 in response to calls for a confidential independent non-political buffer between Council and the companies it owned. CCHL therefore ensures that a commercial approach is taken to managing the interface with the Council’s companies.

Council’s investment in CCHL and its subsidiary companies was independently valued at over $3.5 billion in June 2024.

CCHL functions in relation to existing investments

For more information about how CCHL works and its objectives for the current financial year, please refer to our latest published reports and documents.

Accountabiliy

CCHL is accountable to Council through a number of mechanisms, including:


Negotiation of an annual Statement of Intent


Council appointment of directors


Regular reporting to the Council


Publication of six monthly and annual reports

Council has an interest in ensuring that the region’s strategic assets are operated in a commercial manner, but also in a way that is beneficial for the region as a whole.

Through Statements of Intent, Council is able to establish broad parameters reflecting the public nature of these assets, but without inhibiting proper commercial management.

CCHL remains committed to the ownership and monitoring role entrusted to it by its shareholder, Christchurch City Council.

When CCHL was first set up in 1993, the value of its assets was $170 million. With the subsequent addition of the airport and port a couple of years later, the value came close to $400 million. As at June 2024, the group owns assets with a combined value of $6 billion, and group equity is over $2.8 billion.

CCHL

Mission Statement

“Supporting the future growth of Christchurch by investing in key infrastructure assets that are commercially viable and environmentally and socially sustainable”

Objectives


For more information about how CCHL works and its objectives for the current financial year, please refer to our latest published reports and documents Annual Reports & Statements of Intent


Directors

5411 Bryan Pearson 0087 Hr

Bryan Pearson

Chair

Appointed May 2024

Bryan is a governance professional with more than 25 years’ experience in chief executive and board chair roles in the corporate, private, and public sectors across New Zealand and Australia. His experience spans across a range of sectors including professional services, retail, manufacturing, global distribution, events, healthcare, and education. Bryan is currently a Director of the Christchurch Cathedral Reinstatement Project.

Gill Cox

Gill Cox

Deputy Chair

NZOM, DistFInstD, CAANZ – Life Member

Appointed April 2023

Currently, Gill serves as Chair of Venues Ōtautahi Ltd and Transwaste Canterbury Ltd and holds board positions with Te Kaha Project Development Ltd and Waimakariri Irrigation Ltd, alongside roles in several privately held companies. Gill was previously a partner in the Christchurch office of Deloitte for 25 years before embarking on a career in corporate governance.

Bridget Giesen

Bridget Giesen

Director

LLB, BCom, CA, MInstD

Appointed April 2023

Bridget is a strategy and transformation expert with a robust commercial background in airports, airlines, and investment roles, including positions at Ngāi Tahu and NZTE.

She currently serves as a director for Puketeraki Limited and MEA Fragrance. Bridget brings strong financial oversight as a Chartered Accountant and holds an LLB.

Sam Mac Donald

Sam MacDonald

Director

BCom, CA, CMInstD

Appointed February 2023

Sam is a second-term City Councillor and brings experience as a chartered accountant in both public and private sectors, serving as a director at Civic Building Limited and an Independent Trustee at Development West Coast.

Sam’s Council focus is on financial oversight and capital program management to enhance investment in Ōtautahi Christchurch communities. He is a Chartered Director with expertise in Audit and Risk, Health and Safety, and Infrastructure projects.

Bascand Photo

Andrew Bascand

Independent Director

Bachelor of Commerce (Hons) Agriculture and Finance

Appointed February 2025

Management Team

CCHL Portraits Group March2025 9125a

Matthew Slater (Chief Executive); Alice Johnson (Portfolio Manager), Paula Davis (Head of Finance), Allanah Kidd (Head of Impact), Sue Taylor (Corporate Services), Steve Ballard (Treasurer)

CCHL

Appointment Policy

A robust, transparent procedure for the appointment of directors to Council's subsidiary companies is a key element of good governance.

CCHL has developed a policy to address this area, which has been adopted by Christchurch City Council. The policy can be found on the Christchurch City Council web site.

Board Charter

Download PDF