Jason Smith is the new chair of Invest South, following the resignation of Mark O'Connor due to a change in personal circumstances.

Invest South is a Southland based private equity fund, focusing on southern New Zealand businesses, and is wholly owned by the Community Trust South (CTS).

O’Connor said it had been a privilege to provide governance input to an organisation that is focused on building a strong and successful future for the region. 

Mark O'Connor has resigned as Invest South chair. Photo: Supplied

“It has been rewarding to work with my fellow directors and the recently expanded Invest South team to support a number of dynamic and innovative companies, who are building value for the long-term benefit of the local community." 

“Partnering with proven management teams, to increase and ultimately realise value, is a core principle of the investment fund. There is also the important secondary function of working with local businesses to ensure they are connected, successful and resilient which is an important pillar for Invest South’s 100 per cent shareholder, Community Trust South.”

Bill Moran, Heamana/Chair of Community Trust South, said Mark was passionate about supporting business growth in the region and enabling companies to achieve their strategic vision. 

“Invest South, plus the companies it invests in, have been very fortunate to have benefited from Mark’s extensive business experience and commitment to a strong future for Southland, Fiordland and Queenstown, particularly during very challenging times.”  

Smith has a Bachelor of Commerce degree from the University of Otago.

He began his career with the Aoraki Corporation before joining his family’s H&J Smith Ltd business in 1995 and becoming managing director in 2013.

He has also been a director of Mitre 10 (New Zealand) Limited since 2017. 

Invest South directors include Jason Smith (Chair), Ross Jackson, Kate Skeggs, Bridget Unsworth, Fraser Jonker, CTS representatives/directors Kirsty Pickett and Mel Montgomery, and executive officer Prue Hal.