Stiassny gets NGC chair

Stiassny, who is also the Chairman of NGC's new majority shareholder Vector Limited, is a chartered accountant and senior partner of Ferrier Hodgson & Co in Auckland. He is Chairman of Metrowater Ltd, and a director of a number of public and private companies, including Metlifecare, the Horticulture & Food Research Institute of New Zealand Limited and Waratah Receivables Corporation NZ Limited.

Stiassny succeeds Greg Martin. Martin was an appointee of NGC's former majority shareholder, The Australian Gas Light Company (AGL), and resigned from the Board following the sale of AGL's NGC shareholding to Vector on 14 December 2004.

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