Roche to be named NZ Post CEO

Brian Roche, a senior partner at PriceWaterhouseCoopers, is to be named chief executive of New Zealand Post this week, the Trans Tasman Political Newsletter reported.

Roche will fill the vacancy left by John Allen, who has been appointed CEO of the Ministry of Foreign Affairs and Trade. Roche is currently chairman of the New Zealand Transport Agency, the funding body for the nation’s transport infrastructure.

NZ Post is one of the biggest state-owned businesses with assets of more than $11 billion and annual revenue of $1.2 billion. The SOE faces declining revenues especially in the postal business, Trans Tasman said.

Businesswire.co.nz

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