Dunedin professional director Stuart McLauchlan has been
elected national president of the Institute of Directors. He
replaces Denholm Shale, who has recently played a major role in
re-structuring Dunedin City Council-owned companies.
Messrs McLauchlan and Shale were also appointed, together
with Dunedin man Bill Baylis,to try to save South Canterbury
Finance before it failed.
Auckland businessman Michael Stiassny has been elected
vice-president of the institute.
He is a senior partner of KordaMentha New Zealand and is
chairman of Vector.
Mr McLauchlan is chairman of the Otago-Southland branch of
He is also chairman of Pharmac, UDC Finance Ltd, Scott
Technology and Dunedin International Airport.
It is the first time in nearly 20 years the role of institute
president has been held by someone from the Otago-Southland
Both Messrs McLauchlan and Stiassny will take up their roles