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  • Risk management

    … LGFA recognises that an effective risk management framework is a critical part of its business structure. LGFA is exposed to both business and treasury related risks because of its normal business … framework provided by both the internal and external audit functions which review and highlight control weaknesses …
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  • The United Nations Sustainable Development Goals

    … by 193 countries including New Zealand, comprise 17 goals and 169 targets. As part of our commitment to sustainability, … to finance or refinance, indirectly via councils, projects and assets that deliver positive environmental and social outcomes and align with, and contribute towards …
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  • Our story

    … government sector in New Zealand were made in the 1980s and 1990s. These attempts ultimately failed, due in part to a lack of strong and unified support from local authorities. At the Jobs … reality.  Key advisors, Cameron Partners and Asia Pacific Risk Management, were appointed to work on a range of …
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  • Governance

    … structure comprises the New Zealand Government (20%) and thirty councils (80%), the LGFA Shareholders Council and … Shareholders Agreement Code of Ethics Board Charter Audit and Risk Committee Charter Internal Audit Charter Diversity …
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  • Sustainability at LGFA

    … local government sector in achieving their sustainability and climate change objectives. LGFA was established with the … primary objective of optimising the debt financing terms and conditions for our member councils. Key to achieving this … Long-term relationships with LGFA stakeholders, a low-risk appetite and cost consciousness are the cornerstones of …
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  • Sector standard page - content elements

    … You can make text bold , italic , strike through it, and use super script and sub script . Internal links LinkIT provides a sustainable … the link button, search for the content you want to link, and select the right page from the results. External links …
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  • LGFA Sustainability Committee

    … The LGFA Sustainability Committee provides advice and recommendations on sustainability issues within LGFA and its borrowing and lending activities. In 2021, LGFA … LGFA Sustainability Committee
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  • Sustainability

    … local government sector in achieving their sustainability and climate change objectives. LGFA will promote sustainability within our company and assist the local government sector in achieving their sustainability and climate change objectives. Promoting environmental and
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  • Global Reporting Initiative

    … adopted global standards for sustainability reporting and by meeting the GRI Standards we are providing greater clarity and accountability around our material sustainability issues … that reflect our significant economic, environmental, and social impacts, or that substantively influence the …
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  • Health & Safety

    … LGFA is committed to providing a safe and healthy working environment for all employees. LGFA will … that promotes increasing employee engagement, productivity and enhancing recruitment and retention. The Health and Safety Committee regularly meets to review LGFA health and safety …
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  • Paul Anderson

    … Chief Executive Officer of Queenstown-based NZSki Limited and Executive Director of its parent company, Trojan Holdings Limited. NZSki owns and operates Coronet Peak, The Remarkables and Mt Hutt ski areas, catering for more than 700,000 guests …
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  • Mark Butcher

    … in November 2010. Formerly he has held senior trading and sales roles across derivative, interest rate and debt … PIF Guardians, Chair of Waikato Tainui Group Investment Committee and a member of the Nominations Committee for … of Commerce degree from Auckland University and is a CFA charter holder. …
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  • Sustainable Financing Bonds

    … to: recognise LGFA’s commitment to support council and CCO borrowers ("Borrowers") to fund environmental and/or social projects, assets and activities, and incentivise GHG emission measurement and
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  • David Rae

    … firm, MyFiduciary Ltd, which provides portfolio advice and implementation for institutional investors including charitable trusts and iwi. His background is in economic policy and investing, having worked for the NZ Superannuation Fund …
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  • LGFA’s Carbon Footprint

    … to accurately measure our greenhouse gas (GHG) emissions and put in place strategies to manage and reduce impacts. We are very pleased to report that LGFA … project. Toitū Envirocare offer carbon management and carbon neutral certifications for organisations, …
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  • Neil Bain

    … was previously at The Treasury as the Head of Accounting and Transactional Services for the New Zealand Debt … of NZ in a variety of roles including financial markets risk policy, financial accounting and treasury operations … Neil is currently the Independent Chair of the Risk and Audit Committee, Central Hawkes Bay District Council. …
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  • Helen Robinson ONZM

    … Helen is an experienced business leader locally and internationally mostly in the technology and sustainability sectors. Helen was Managing Director of … New Zealand, VP of Pivotal Corporation Asia Pacific and Managing Director, Markit Group (co-founding its …
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  • Elena Trout

    … Elena is an experienced company director and a professional engineer who has held a number of leadership positions in the transport, infrastructure and energy sectors. She has over 30 years of experience in the management, planning and delivery of large projects and continues to provide …
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  • Green and Social Loans

    … Green and Social Loans  (GS Loans) provide LGFA members lending … a financial incentive to enable them to undertake green and social projects that will help drive forward ambitious environmental and social improvements in the New Zealand local government … Green and Social Loans …
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  • Local Government Sector Climate Scenarios

    … government navigate uncertainty, stress-test decisions, and build long-term resilience. LGFA is committed to supporting councils address climate change and sustainability issues. This collaborative effort from the … of these sector climate scenarios, LGFA thanks both KPMG and the council officers who contributed their time and
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  • Maya Ranzinger

    … Maya joined LGFA as a Risk and Credit Analysis intern in November 2020. Her focus lies in data analysis and optimisation. At the same time, Maya is working toward a …
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  • Koshick Ranchhod

    … Koshick joined LGFA as Manager, Risk and Compliance in February 2016. Koshick was previously … risk analyst for the NZDMO, Money market portfolio manager and as an Actuarial Analyst. …
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  • Credit ratings

    … rated at AAA (domestic long term) by S&P Global Ratings and AA+ by Fitch Ratings.  The foreign currency long term rating is AA+ by S&P Global Ratings and AA+ by Fitch Ratings.  The domestic and foreign currency ratings are on stable outlook by S&P …
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  • Board of Directors

    … The LGFA Board comprises independent and non-independent directors, the majority of which are … The LGFA Board, is responsible for the strategic direction and control of LGFA’s activities. The Board guides and monitors the business and affairs of LGFA, in accordance …
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  • Shareholders Council

    … five to ten appointees from the Council Shareholders and the Crown. The role of the Shareholders' Council comprises the following: Review and report performance of LGFA and the Board; Recommendations to Shareholders as to the …
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  • Ariadne Clarke

    … estate agency supporting agents with the administration and marketing of their business.  Prior to this, Ariadne … in a variety roles, which included tax law analysis and tax audit. Ariadne brings to LGFA significant administrative and
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  • Sumitha Kaluarachi

    … Sumitha joined LGFA as Manager, Treasury and External Relationships on 13 August 2018. Sumitha was … 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 …
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  • Weekly pricing update

    … council group.  This is updated each Wednesday afternoon and provides councils with a brief market update for both short and long term borrowing plus current borrowing yields and spreads fully inclusive of base lending and credit …
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  • Sustainable Lending

    … our members finance projects that deliver environmental and social outcomes, and to encourage emissions management across the sector, LGFA provides: Green and Social Loans A lending programme to help members …
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  • Philip Cory-Wright

    … Philip is a solicitor of the High Court of New Zealand and Victoria. He has worked as a corporate finance adviser in New Zealand to the corporate sector on debt and equity matters for more than 30 years. Philip is also a strategic adviser to clients in the energy and infrastructure sectors. He was a member of the Local …
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  • Annual General Meeting material

    … Notice of Meeting Shareholder Council Letter for Director and Shareholder Council Nominations Agenda Proxy Form … Notice of Meeting Shareholder Council Letter for Director and Shareholder Council Nominations Agenda LGFA Letter to … N otice of Meeting Shareholder Council Letter for Director and Shareholder Council Nominations Agenda Proxy Form M inutes …
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  • Andrew Michl

    … Andrew joined LGFA as Manager, Credit and Client Relations on 11 June 2012. Andrew was previously … at OnePath. His primary responsibility was analysing and investing in high quality corporate bonds and local authority stock for OnePath's New Zealand fixed …
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