The Treasury's Commercial Operations group provides advice to Shareholding Ministers and Responsible Ministers on candidates suitable for appointment to the boards of entities such as State-owned enterprises, the Crown financial institutions, other Crown entity companies and statutory entities.
The Treasury also provides this advice in relation to the boards of the Crown Research Institutes. Altogether, this covers 334 board positions. Other government departments and agencies provide the same service to Ministers for appointments to the several hundred other non-commercial government-appointed boards and commissions.
For information on some of those other departments and agencies, refer to:
- Statutory Crown Entities - A Guide for Ministers (State Services Commission website)
Every year, the tenure of approximately one third of all board members (appointed by the Treasury) end and are considered by Ministers, assisted by advice provided by the Treasury. In many cases incumbent directors will be reappointed. However, Ministers will generally make between 50 - 60 new appointments each year.
A specialised team within the Treasury, the Governance and Performance team in the Commercial Operations group, manages the director selection process and recommends candidates to Ministers.