NZ Green Investment Finance chairperson Cecilia Tarrant is stepping down.
The “green investment bank” has faced questions about its management of its $145m loan to SolarZero, which owner BlackRock put into liquidation late last month.
Tarrant said she would step down on 20 December, “respecting the ministers’ desire for new leadership while reflecting proudly on her six-year tenure”.
“I am immensely proud of the progress achieved in more than 30 transactions, showcasing the market potential of low-emissions investments across diverse sectors,” she said.
“I leave the role with confidence in the foundation we’ve built and wish the organisation every success in…