Takeovers Panel - Legal Member

About the Board

On behalf of the Minister of Commerce and Consumer Affairs, the Ministry for Business, Innovation and Employment is seeking applications from candidates who wish to be considered for appointment as a member of the Takeovers Panel.

The Takeovers Panel (the Panel) is an independent Crown entity established under the Takeovers Act 1993, and regulates New Zealand's takeovers market. Its mandate is to strengthen investor confidence in New Zealand’s capital markets by enforcing the Takeovers Code (the Code), ensuring that shareholders, no matter their size or influence, have equal, informed opportunities to participate in major share transactions. As a specialist regulator, the Panel:

• makes determinations, orders, and applications to the Court in accordance with the Act;
• enforces the Code to ensure that Code-regulated transactions are transparent and equitable;
• assists participants in complying with their Code obligations;
• considers applications for exemptions from the Code;
• reviews market practice and undertakes policy development;
• reviews and recommends reform of takeover law; and
• promotes public understanding of takeovers law.

Further information on the Panel can be found here.

Person specifications

Skills, Experience and Attributes Required

At this time, the Minister of Commerce and Consumer Affairs is seeking candidates for two roles with the following experience and expertise:

• an active interest in takeovers practice and in securities markets more generally;
• experience in law (including takeovers law) and specifically in areas such as capital markets, joint ventures, corporate law, securities law, equity capital market transactions, risk management, and mergers and acquisitions; and
• knowledge of the relevant legislation along with a broad understanding of the roles and responsibilities of the Panel.

Additional Requirements

Ideally, candidates will have some or all of the following:

• strong market connections and the ability to develop valuable strategic connections with industry, participants in the investment community, and other stakeholders;
• strong relationship management and communication skills, including working effectively in a collegial, decision-making environment with the ability to convey ideas clearly and accurately;
• a clear sense of public accountability and understanding of the relationships between Government and Crown entities, including the Panel; and
• willingness and ability to devote time and energy to the role.

More information

Please refer to the position description for more details.

Applications close on Sunday 15 June 2025.

For enquiries about the position, please contact boardappointments@mbie.govt.nz.