Ports of Auckland Limited (POAL) is a wholly owned subsidiary of Auckland Council Investments Limited (ACIL).
ACIL is a council-controlled organisation (CCO) wholly owned by Auckland Council. POAL has an independent board of directors appointed by ACIL. The Board is responsible for directing POAL in a way that creates, protects and enhances shareholder value, and protects stakeholder interests, while meeting the objectives agreed with ACIL in POAL's Statement of Corporate Intent (SCI). POAL's Board and Management recognise the importance of good corporate governance in achieving these responsibilities.