UPDATED 9:10AM: The body of the 48-year-old man missing in Lake Rotoiti near Rotorua has been recovered.
In a statement, police say Auckland man Colin McCormick's body was recovered by LandSAR volunteers shortly before 7am.
“Police extend their thoughts to Mr McCormick's family at this time.”
His death will now be referred to the Coroner.
The man who disappeared in Lake Rotoiti near Rotorua last week has now been named.
Auckland man Colin McCormick, 48, is presumed drowned after he disappeared under the water on the Rotorua lake on Wednesday, January 4.
Colin was with his partner and nine-year-old son on a five metre fibre glass boat at the time of the incident.
The trio were heading to the hot pools at Manupiura on the southern side of Lake Rotoiti when a strong wind blew Colin's hat off and he jumped into the water to retrieve it.
But when Colin hit the water his lifejacket came off. He then went under the surface and has not been seen since.
Since his disappearance, police divers have been scouring the waters, with the help of Rotorua Lakes Coastguard and search and rescue staff.
Fairfax reports police divers and partner agencies are lake-side and on the water with several vessels in anticipation of recovering the body.
The search continues today.