TE adds independent directors

Two new non-executive directors have been appointed to the board of Trustees Executors, effective immediately. Murray King and Dennis Church join non-executive chair James Douglas, and the board brings together expertise spanning corporate trustee operations, debt capital markets, securitisation, and financial services governance.

All three directors are independent, reflecting the high institutional standards expected of a specialist corporate trustee and statutory supervision business that holds supervisory responsibility for complex, regulated structures on behalf of New Zealand investors.

Following a February transaction, Trustees Executors is now part of the New Zealand-owned Perpetual Guardian Group, the country's largest and most comprehensive fiduciary services Group.

King was a partner in the banking and financial services department of Bell Gully for 24 years and remained as a consultant for a further two years. He has broad experience across all aspects of debt capital markets and is a recognised expert in the securitisation field. During his legal career, King advised leading statutory supervisors on both wholesale and retail debt issues and securitisation transactions.