Super Fund appoints acting chief executive

New chief executive will stand in while the search for Adrian Orr's replacement continues.

Thursday, February 15th 2018, 10:25AM

Chief investment officer Matt Whineray will take on the role when Orr moves to the Reserve Bank in March.

The board of the Guardians of New Zealand Superannuation, the manager of the NZ Super Fund, announced the interim appointment to staff yesterday.

Chair Catherine Savage said the fund had a strong and experienced leadership team which would manage the transition and continue its momentum.

In January the board issued a Request For Proposals for an executive search firm to run the CEO recruitment process. The RFP was issued through the Government Electronic Tenders Service (GETS) and submissions are still being reviewed. There will be a global search and the board expects the CEO appointment process will take a number of months.

General manager of portfolio completion Mark Fennell will become acting chief investment officer for the duration of the recruitment process.

Tags: NZ Super Fund