Debbie Hockley is New Zealand Cricket's new president after she was unveiled at the annual meeting.

Former White Ferns captain Debbie Hockley has been officially unveiled as New Zealand Cricket's first ever female president in its 122-year history.

Hockley was nominated for the position by Canterbury Cricket, and at the NZC's annual meeting in Christchurch on Wednesday, she was appointed the organisation's president for the next three years.

She replaces the departed Stephen Boock, while Ingrid Cronin-Knight, another former White Fern, was named a new director.

Cronin-Knight has close ties with grassroots crickets governance.

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She replaces Stuart Heal, who stepped down after eight years on the board, which included three as chairman.

Greg Barclay, a director of NZC since 2012 and the 2015 ICC Cricket World Cup and former Northern Districts board member, was elected the organisation's new chairman.

Barclay has been the NZC's appointee to the board of the ICC for the last two years.

Wednesday's annual meeting announced an operating loss of -$2.16million for the 2015-16 year, which is better than the forecast loss of -$5m.