Sharechat Logo

Orr to head up NZ Super Fund

Monday 8th January 2007

Text too small?
He fills the role left vacant by Paul Costello who has moved to Melbourne to head up Australia's Future Fund. The Future Fund is Australia's version of the NZ Super Fund.

Besides being deputy governor of the central bank he is also Head of Financial Stability where he has been responsible for formulating and implementing public policy to promote and maintain a sound and efficient financial system.

Board of the Guardians of New Zealand Superannuation cairman David May said that the appointment is an important step for the fund as it moves from its start-up phase to become an established investment institution.

"Adrian is a committed New Zealander, who brings financial and economic skills and experience in both the private and public sector in leading teams of financial specialists. He is a strong supporter of the mission of the fund and brings just the skills and experience appropriate to lead the fund through its next critical stage of development. We are all looking forward to having Adrian on board."

Orr has previously held the position of chief economist at Westpac, chief manager of the economics department of the Reserve Bank and chief economist at The National Bank. He was selected following a world-wide search process, conducted with the assistance of a specialist executive search firm.

He will take up his appointment on February 12.

  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

MARKET CLOSE: Blue-chip stocks Meridian, A2 lead market lower
NZ dollar rises on Brexit hopes, rate cut reassessment
Three not failing, just needs a new owner - MediaWorks CEO
Major investors back new CBL class action targeting directors
Rip Curl purchase a done deal on Kathmandu proxies alone
Comvita chair Neil Craig eyes the exit once he finds a new CEO
Mercury raises guidance on increased storage, high spot prices
Eroad reports strong 3Q sales growth, eyes ASX listing
MediaWorks puts TV business on the block
NZ dollar benefits as preliminary Brexit deal improves risk appetite

IRG See IRG research reports