Jeremy Salmond heads The Treasury’s legal department as Legal and Business Services manager.
With high GDP growth and a resilient economy and with ambitions to have a world-leading Treasury, Jeremy Salmond’s role leading the legal team is central to the Treasury’s success, as well as residing significant power within his hands so far as the all important “legals” on major government deals are concerned.
Major floats and restructuring such as those involving Solid Energy, IPOs for Mighty River, Genesis and Meridian and major infrastructure funding including the Christchurch restructuring is part of the major work undertaken by his team and more recently major concerns over DHB finances and other issues have created significant Treasury involvement. Apart from the legal team he also handles business services and ministerial advisory work.
With a relatively small team of under 10, the group work with the all of government panel and their selection of a team for a procurement deal or anything else can have major repercussions for law firms. To get offside with Jeremy Salmond can have major consequences, as one senior lawyer told us. Most importantly however he has the capacity to effect changes to the law through policy advisory work as well as working with it.