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Investment advisory boss joins NZX Board

The managing director of one of the country's biggest investment management firms is joining the board of the NZX.

Frank Aldridge, managing director of Craigs Investment Partners, has been appointed to the board.

Craigs has more than $13 billion in funds under management and the NZX said Aldridge offered an extensive understanding of local capital markets.

Chairman James Miller commented: “I am extremely pleased to announce that someone of Frank’s calibre will join the NZX Board. Frank has a proven track record of contributing to New Zealand’s capital markets and is well respected by the industry. I am confident that given Frank’s strong industry experience he will make a valuable contribution to our Board.”

Aldridge was appointed chief executive of Craigs in 2006. He is also chair of Australian-based Wilsons Advisory and Stockbroking, a director of the New Zealand Securities Industries Association and sits on several of Craigs' subsidiaries' boards.

He is an accredited NZX adviser.

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