Mark Butcher
Chief Executive
Mark was appointed Chief Executive of the New Zealand Local Government Funding Agency effective 1 August 2014. His prior role was Treasurer at Auckland Council since establishment in November 2010. Formerly he has held senior trading and sales roles across derivative, interest rate and debt products at the National Bank of New Zealand and Westpac Institutional Bank and in the wealth management sector as Chief Investment Officer at Perpetual Capital and General Manager of AllianceBernstein New Zealand. Mark is currently a member of the IOD, a board member of INFINZ and a director of Civic Assurance. He holds a Bachelor of Commerce degree from Auckland University and is a CFA charter holder.
Neil Bain
Chief Financial Officer
Neil joined LGFA as Chief Financial Officer on 19 March 2012. Neil was previously the Head of Accounting and Transactional Services at the New Zealand Debt Management Office (NZDMO) where he was responsible for managing the NZDMO’s financial accounting, forecasting and operational functions. Prior to NZDMO, Neil worked for the Reserve Bank of NZ in a variety of roles including financial markets risk policy, financial accounting and treasury operations management.
Andrew Michl
Senior Manager, Credit and Client Relations
Andrew joined LGFA as Manager, Credit and Client Relations on 11 June 2012. Andrew was previously Senior Fixed Interest Manager at OnePath. His primary responsibility was analysing and investing in high quality corporate bonds and local authority stock for OnePath's New Zealand fixed interest portfolios. Prior to working at OnePath, Andrew was the Manager NZ Fixed Interest for ANZ Funds Management based in Melbourne.
Jane Phelan
Operations Manager
Jane joined LGFA as Operations Manager on 1 July 2014. Previously, Jane was Transactional Services Manager for the New Zealand Debt Management Office where she held the senior transactional and relationship management roles in NZDMO's financial markets operations. Jane brings to LGFA significant financial markets operations experience, including detailed knowledge of securities tender and settlements functions.
Koshick Ranchhod
Risk and Compliance Manager
Koshick joined LGFA as Manager, Risk and Compliance in February 2016. Koshick was previously a Portfolio Risk Manager, responsible for managing the interest rate risk of the balance sheet at Westpac Institutional Bank. Prior to Westpac, Koshick has worked in a variety of roles as a Treasury consultant, Quantitative risk analyst for the NZDMO, Money market portfolio manager and as an Actuarial Analyst.
Ariadne Clarke
Transactional Services Officer
Ariadne joined LGFA as Transactional Services Officer in April 2017. Previously, Ariadne worked for a real estate agency supporting agents with the administration and marketing of their business. Prior to this, Ariadne worked at Inland Revenue in a variety roles, which included tax law analysis and tax audit. Ariadne brings to LGFA significant administrative and accounting experience.
Sumitha Kaluarachi
Manager, Treasury and External Relationships
Sumitha joined LGFA as Manager, Treasury and External Relationships on 13 August 2018. Sumitha was previously Treasury Analyst at Auckland Council Treasury since establishment in 2010. His previous roles included working for Auckland Regional Council (ARC), Fonterra Corp Group, Grandy’s Corporate Office, which owned and operated 60+ restaurants in 8 states in the USA and for ABN AMRO (Sri Lanka). Sumitha has experience in Treasury, Financial analysis and Equity markets. He holds a Bachelor of Specialised Studies in Business Finance from Ohio University, Ohio, USA.