David McClatchy joins several boards

Former ING chief investment officer returns to New Zealand and takes up new board roles.

Wednesday, September 22nd 2021, 3:38PM

David McClatchy has been appointed to the Board of the Guardians of New Zealand Superannuation as well as replacing Carmel Fisher on the boards of Fisher Funds' listed investment vehicles.

McClatchy has returned to New Zealand following a successful career based in Sydney, Australia which included being the group chief investment officer of Insurance Australia Group and managing director at IAG Asset Management until 2019, and before this held the role of CEO and Chairman at ING Investment Management Australia Limited. Before his move across the Tasman, McClatchy spent sixteen years with banking and investment management companies in New Zealand, including as CIO at ING (now ANZ Funds Management)

McClatchy has run and directed multinational investment organisations across New Zealand, Australia and Asia, managing funds for insurance firms, corporates, sovereign wealth funds, superannuation funds, iwi and charities.

“Maintaining the highest standards of corporate governance is critical to achieving the Guardians’ long-term mission and purpose," Guardians’ chair Catherine Drayton said in a statement. "David is a world-class candidate; he has a wide perspective on matters both investment and enterprise-related, and a firm understanding of the social and environmental impacts of investment decision-making."

Since returning home, McClatchy has sought to use his investment and financial markets background across several community-oriented initiatives including joining the Investment Advisory Committee of the Acorn Foundation and the board of Waipuna Hospice Inc. He also sits on the boards of listed investment companies Barramundi, Kingfish and Marlin Global.

“The Guardians occupies a unique position in New Zealand’s economic landscape and I am very pleased to be joining its board. I look forward to using my financial markets experience and investment management background, applying my knowledge and experience in asset management, liquidity, sustainability and stakeholder management, to contribute positively to its governance during my term,” McClatchy said.

McClatchy replaces Simon Botherway, whose board term expires at the end of September.

Tags: Fisher Funds ING NZ Super Fund