Aveng appoints Fraser Wyllie as CEO-designate

JSE-listed engineering group Aveng has announced Fraser Wyllie as CEO-designate of the company, ending a seven-month-long search for a new chief.

Wyllie will assume his role as CEO and will be appointed as a director of the firm with effect from 1 October 2026.

He has been described as a highly experienced civil engineer with over 30 years of civil contracting experience in the UK and New Zealand.

Wyllie’s credentials:

ADVERTISEMENT

CONTINUE READING BELOW

Bachelor of Engineering (Civil) from the University of Auckland and a Master of Business Administration from Massey University.
Chartered engineer and an active member of the Institute of Directors (New Zealand).
Director of Horizon Energy Group and serves as the Chair of Infrastructure New Zealand.

He joined McConnell Dowell as managing director of New Zealand and the Pacific Islands in July 2017, following similar roles at other New Zealand-based civil contractors.

“On joining, he undertook a significant turnaround of underperforming projects. He has since that time grown the business into a highly effective and profitable business,” Aveng said in a Sens announcing his appointment on Monday.

“Over the past three years his business unit has had no loss-making projects.”

A new chair

As part of a broader board refresh programme, Aveng has also confirmed the retirement of Philip Hourquebie and Nicolas Bowen, effective 21 August 2026.

ADVERTISEMENT:

CONTINUE READING BELOW

Hourquebie served on the board for more than a decade under various titles, including as an independent non-executive director, chairman of the audit committee and chairman of the board “during some particularly trying periods”.

Following his resignation, Graeme Bevans has been appointed as the new chair.

Aveng share price

#Aveng #appoints #Fraser #Wyllie #CEOdesignate