Pahia Turia will bring business and governance experience to his new role as chair of Whanganui & Partners.
Turia has served on the board for several years and replaces outgoing chair Myles Fothergill who stepped down to focus on the economic growth opportunities around the port development.
Turia said he was honoured to be voted in by the board.
"We've got a strong board in place, strong management and the right people in the right positions on the team," he said.
"I plan to continue with the great work Myles has done and keep Whanganui & Partners moving forward on the track it's currently on."