Manager – Whai Rawa Fund Limited

Whai Rawa Fund Limited (WRFL) was appointed by Te Rūnanga o Ngāi Tahu (Te Rūnanga) to manage the Whai Rawa Unit Trust and works with the Office of Te Rūnanga (TRoNT) along with a number of other parties. WRFL reports directly to TRoNT on a quarterly basis and has a Statement of Corporate Intent which documents strategic goals it works towards.

The board meets 10 times a year and is responsible for:

• managing the trust fund and the investment portfolios;
• processing related cashflows;
• ensuring compliance; and
• encouraging and assisting saving and financial education amongst Ngāi Tahu Whānui.

WRFL acknowledges the contributions of former Directors Dame Diana Crossan, Tā Tipene O’Regan, Tim McGuinness, Hon. David Caygill, Martin Hawes, Kristen Kohere-Soutar, Chris Murphy, Paul Mersi, Liam Stoneley, David Woods and Fiona Pimm.

Currently, the directors are:
David Boyle – Chair
Anthony Bow
Clare Murray
Kendall Flutey

Board Chair David Boyle

David is well known for his passion regarding financial capability with some 41 years in the financial services industry. He is currently the Head of Sales and Marketing at Mint Asset Management.

Previously David worked for the Retirement Commission. Highlights from the role included working on the changes to KiwiSaver as part of the Retirement Income Policy Review and being part of the Government steering group to review the Financial Adviser Act and bringing Sorted into secondary schools.

Before moving to the Retirement Commission, David held General Manager roles with ANZ Wealth in distribution and funds management and was a member of its leadership team.

He is the current chair for Stand Tu Maia, an NGO that supports children whose family life puts them at risk, and Play It Strange, a charity that brings song writing and music alive in schools. David writes a fortnightly column for Stuff on financial capability and is a regular media commentator.

Anthony Bow

Anthony has over 25 years of banking, finance and taxation experience and has been a Chief Executive Officer, business unit leader, advisor and auditor. He has broad commercial expertise including in sales, operations, and mergers and acquisitions. Anthony is Principal of Waimana Capital, a business strategy and expansion capital firm focused on growth and scalable businesses.

Anthony’s governance roles include Chair and Director of Medical Sciences Secretariat Ltd, Deputy Chair and Board Member of the Medical Radiation Technologists Board, and Councillor of InternetNZ. Anthony has a Bachelor of Commerce from the University of Auckland and holds Chartered Accountant designation from the professional accounting bodies of Aotearoa and Singapore.

He is a second generation New Zealander, born and bred in Rotorua and is of Chinese descent.

Clare Murray

Clare has a legal and financial services background. She was a senior solicitor with Clifford Chance in London involved in international debt capital markets transactions. As co-founder of Murray & Co (investment banking firm), she has had a range of roles over the years, from legal and compliance to business development, and remains a non-executive Director of the firm.

Her current executive role is at the University of Canterbury, where she is Director of Work-Integrated Learning. She is also Chair of Cantabrainers Therapeutic Choir Charitable Trust. She has a Masters in Music from Oxford University, Law Society Finals from De Montfort University and is a Chartered Member of the Institute of Directors NZ.


Kendall Flutey

Kendall Flutey (Ngāi Tahu, Ngāti Kahungunu) is the Co-Founder and Co-CEO of Banqer, the financial education platform named 2018 NZ Hi-Tech Start-up Company of the Year, and a recipient of a Global Inclusion Award at the G20 Summit in Berlin.

Kendall has been recognised for her efforts in raising the financial capability of over 400,000 students being named the 2018 Young Māori Business Leader and 2019 the Young New Zealander of the Year. While Kendall has a background in both accounting and software development, Kendall’s  passion has always lay in social issues and addressing inequities, particularly educating youth to enable better outcomes for not only them, but their wider communities.

Kendall’s current governance positions include a second term as a Consumer Representative for the Insurance & Financial Services Ombudsman Scheme, a board member of the Financial Markets Authority New Zealand, and a trustee of the Booster Foundation.