Sharechat Logo

NZ Super Fund's Matt Whineray appointed CEO

Tuesday 19th June 2018

Text too small?

The New Zealand Superannuation Fund's board has appointed Matt Whineray as chief executive, a role he has been acting in since March after Adrian Orr left the job.

Whineray, who was previously the fund's chief investment officer, first joined the organisation in 2008. His appointment will be effective from July 1.

The fund said it had undergone a global, publicly-advertised search process for a new CEO, and Whineray was "the stand-out candidate amongst a high-quality field of international applicants."

"He has been instrumental in the Guardians’ successes over the last decade and is recognised globally as a leader in institutional investment. The board has the utmost confidence in his leadership ability, intelligence and integrity," said chair Catherine Savage. "The board looks forward to seeing the NZ Super Fund continue to exemplify investment best practice and create value for taxpayers."

Whineray will oversee the $37.9 billion fund, which has had a 10.5 percent average annual rate of return since inception, before tax and after costs and a workforce of approximately 140 people, including 55 investment professionals. While 86 percent of the fund is invested globally, it has $5 billion invested in New Zealand.

(BusinessDesk)

  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:

NZ dollar holds near 15-month high vs pound as Brexit woes threaten May's leadership
MARKET CLOSE: NZ shares gain as defensive stocks find favour; Contact, Meridian rise
NZ dollar firm against greenback as risk appetite ticks up
Cleantech start-up Mint Innovation raises $5.2M to prepare for commercial deployment
BurgerFuel starts full strategic review of business
NorthWest hires lobbyist to solicit Vital Healthcare votes
Greater transparency sought in gas sector
Cap proposed for transmission pricing changes
Ryman Healthcare: service provider or property play?
Wrightson shareholder Agria settles US fraud, market manipulation claims

IRG See IRG research reports