our
business
Waikato-Tainui iwi members
Waikato-Tainui Marae
Waikato Raupatu
River Trust
Waikato Raupatu
Lands Trust
Tainui Group
Holdings Limited
Waikato-Tainui
Fisheries Limited
Waikato-Tainui Te Kauhanganui
Incorporated (tribal parliament)
Te Arataura
Our structure
Waikato-Tainui consists of over 64,000 registered iwi members. Each iwi member affiliates to
at least one of the Waikato-Tainui Marae. Each Marae tri-annually elects three representative
iwi members for the appointed
– or the Tribal Parliament. One additional representative
to the Tribal Parliament is appointed by the Head of the Kaahui Ariki – Kiingi Tuheitia. From
the Tribal Parliament, 10 members are elected onto its executive – Te Arataura, and one is
appointed by Kiingi Tuheitia. Te Arataura oversees the tribal operations.
Tainui Group Holdings Limited (TGH) and Waikato-Tainui Fisheries Limited (WTF) are the
commercial entities of Waikato-Tainui Te Kauhanganui Incorporated
, the Shareholder
and tribal authority of Waikato-Tainui. TGH’s role is to deliver commercial returns on assets
for the Waikato-Tainui people. This includes assets that were returned by the Crown under the
Waikato Raupatu Claims Settlement Act 1995.
TGH’s principal objective is to maximise Shareholder wealth through a sustainable asset
portfolio. Our strategy of identifying and growing high quality assets to generate income, allows
us to provide consistent, long-term dividends for the benefit of current and future generations
of Waikato-Tainui. These dividends are used by our Shareholder to meet tribal expenditures
and for charitable purposes, distributed in the form of grants, to Waikato-Tainui Marae and
registered tribal members.
Strong governance of our strictly commercial business model is the cornerstone of our
business philosophy. A clear distinction between wealth creation and the responsibilities of
distributing wealth has been agreed between us and the Shareholder. The two parties have
signed a Statement of Corporate Intent (SCI) that documents all the necessary understandings
that must exist between us.
