Global fintech platform Airwallex has appointed former Prime Minister and Finance Minister Sir Bill English as chair of the company’s New Zealand board.
The company said his appointment as an independent director would strengthen its local presence as it continued to grow.
Since entering the New Zealand market in 2023, Airwallex claims to have signed up nearly 20% of New Zealand’s digital and tech sector, including high-growth companies such as Halter, Partly and Tracksuit, as well as global companies operating in New Zealand such as Afterpay and Bolt.
In a statement, it said it now facilitated about $2.4 billion in annual payment flows for New Zealand businesses, making it a “meaningful part” of the country’s modern payments and financial infrastructure.
Airwallex ANZ head James Teodorini said the appointment reflected the company’s continued investment in New Zealand, and its focus on building trusted financial infrastructure that helped local businesses grow at home and compete globally.
“Sir Bill brings an exceptional understanding of New Zealand’s economy and public institutions, alongside deep experience in leadership, risk and long-term decision-making,” Teodorini said.
English said Airwallex’s role as core financial infrastructure for internationally operating New Zealand businesses was a key driver of his decision to join the board.
“Airwallex is supporting a growing share of New Zealand’s high-growth, exporting and technology firms at a time when access to efficient global financial services really matters. I’m looking forward to supporting a business that is helping New Zealand companies participate more effectively in the global economy, and contributing to the long-term direction of Airwallex in New Zealand as it continues to grow.”
Globally, Airwallex operates financial infrastructure across major markets in North America, Europe and Asia-Pacific. Its technology allows businesses to manage payments, cards and spend domestically, as well as move money internationally.
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