Mark Butcher

Mark Butcher is the Chief Executive of the New Zealand Local Government Funding Agency (LGFA), a position he has held since August 2014. Under his leadership, the LGFA has established itself as a significant issuer in the New Zealand bond market, providing funding for over 70 local councils and accounting for approximately 95% of sector debt. The agency has successfully consolidated borrowing activities to create a robust yield curve of high-grade liquid bonds, with total bonds issued nearing NZ$16 billion.1

Career Background::

• Prior to becoming CEO, Butcher served as a Director at LGFA from November 2011 to August 2014.
• He holds various leadership roles, including Board Member of the New Zealand Financial Markets Association and Chair of the Waikato Tainui Group Investment Committee.
• His extensive experience includes positions such as Chief Investment Officer at Perpetual Capital Management and Head of Investor Sales at Westpac Institutional Bank.2

Achievements and Focus:: Butcher has been instrumental in the LGFA's growth and its ambitions in sustainable finance, including efforts towards issuing green bonds. The agency has achieved carbon zero certification and launched a green, social, and sustainability lending program for councils.1

He is also involved in governance-related committees, contributing to the strategic direction of financial management in local government.2

For more details about his professional background, you can view his LinkedIn profile at mark-butcher-a0131128 .2