Roger MacDonald resigns from Panuku

“Roger’s experience delivering sustainable mixed-use development has been a considerable asset to Panuku as we continue to enable the growth of thriving centres across Tāmaki Makaurau including Manukau, Northcote and Onehunga,” says Mrs Young-Cooper.

Mrs Young-Cooper says Panuku’s recent performance against the targets set out in the statement of intent was strong.

“Our management of Auckland Council’s $3 billion property portfolio continues to generate good returns for all Aucklanders, while also ensuring we have the land and resources necessary to realise our current and future economic, social and environmental goals. In addition, we have generated in excess of $230 million worth of disposals, on behalf of Auckland Council.

Mrs Young-Cooper says Panuku’s Chief Operating Officer, David Rankin, will continue acting as Chief Executive pending the appointment of a replacement for Mr MacDonald.

“I thank Roger for his valuable service to Panuku since late 2016 and wish him all the best in his next endeavours.”