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Welcome to the fifth pānui from Tupu Tonu – Ngāpuhi Investment Fund Limited

Tēnā koutou katoa,

In our latest pānui, we update you on recent Tupu Tonu activities since our last update in June, including:

  • Announcement of CEO change
  • New investment announcement
  • Update on our next Tukua (disbursements) round
  • Our new website

Ngā manaakitanga, nā,

Tupu Tonu


Announcement of CEO change 

Establishment Chair Sir Brian Roche recently announced the resignation of our Chief Executive Officer, Tania Heyrick:

E ngā pitau whakarei o ngā Mata-a-waka puta noa. E ngā maunga hakahī e tū nei hei maru i ngā whānau puta noa i te rohe pōtae o Ngāpuhi-Nui-Tonu. E ngā awa riporipo e papaki tū ana ki ngā pari, ki ngā tokatu, ki ngā onepū koutou ngā kaipupuri i ngā ahikā ki ngā papakāinga, ki ngā marae huri noa, tēnei ka mihi, ka mihi, ka mihi. Ki te hunga kua riro i te hakore, i te kiri mātao, ko koutou te hunga kua whetūrangi i ngā marama kua hipa, haere mai haere. Haere atu ki ngā Ipokahurangi, haere atu ki ngā Raukura, haere atu ki ngā Manutauhuia haere, haere, haere oti atu. Ka huri.
We regret to announce the resignation of Tania Heyrick as Chief Executive Officer of Tupu Tonu. 
Tania has been hugely committed to Tupu Tonu on both a personal and professional level since day one. The Board are very grateful for the leadership Tania has provided over her tenure and what has been achieved, and respect Tania’s decision to leave, reflecting her desire to spend more time with her whānau.
Tania has been instrumental in the set up and establishment of Tupu Tonu taking it from concept to reality. Her service to others is a great example to us all.
Richard Westbury (Chief Investment Officer) will be acting CEO until the board identifies a replacement. Going forward the Board and management team remain committed to building on the progress made since establishment.
Ko te hiahia me te tūmanako kia whai patanga ai ēnei kōrero hei arahi atu i a Tupu Tonu ki roto i ngā tau e tū mai nei. Kia waiho ake tēnei hei whakaaro ki tō tātou iwi o Ngāpuhi-Nui-Tonu, “Kia tau te rangimārie, kia hora te marino, kia whakapapa pounamu te moana, kia teretere te kārohirohi ki mua i te hunga katoa.”


We will keep you posted on any further updates on the CEO position in future pānui. In the meantime, we will be continuing on with all of our regular mahi – if you’d like to talk with us or arrange a meeting, please feel free to reach out to our team (email:


New investment

We’re excited to announce the recent acquisition of the Paihia Maritime Building. As many of you will know, the Paihia Maritime Building is home to several local businesses. It is centrally located in a popular part of the tourist hub of Paihia, which attracts many tourists every year.

We are currently focused on getting to know our tenants, and we will keep you posted on any developments in coming months.

This represents our first investment in the coastal Bay of Islands area and brings the total amount invested to $60m.

We have some exciting new investment opportunities in the works and hope to make more announcements in coming weeks.  


Tukua (disbursements) update

In recent weeks, we have been meeting with many hapū and rōpu who were recipients of funding in our first Tukua (disbursements) round. We hope to be able to share some of their stories in coming weeks, because there is some great mahi going on.

We are currently in the process of reviewing the outcomes of our first  round and assessing feedback we have received to date.

On our Tukua page you can find high-level information on who received funding, as well as a portal to provide feedback. We’d appreciate any further feedback by 6 October, so we can begin preparations for the second round.

We’re currently planning to open the second round later this year, and hope to make further announcements about this soon.

Our new website

We have now also launched our new website, which provides more user-friendly information on Tupu Tonu activities, including investment acquisitions and documents (such as Annual Reports).  Click here to view homepage

The website also includes functions for hapū to provide feedback to Tupu Tonu on Tukua (disbursements) and hapū engagement. We welcome any feedback you may have.

Keeping in touch

We look forward to keeping you updated on our progress through regular pānui in the coming months!

If you have pātai or would like to kōrero, you can get in contact with us directly at If you have any whānau who you think would like to receive future pānui from Tupu Tonu, please enter your details on the subscribe tab on this website or email us at