NZ Super Fund CEO to step down by end of year

Matt Whineray, CEO of the A$60 billion ($40 billion) NZ Super Fund, has announced plans to resign by the end of the year.

Whineray has been with the Guardians of New Zealand Superannuation, the manager of the NZ Super Fund, for the past 15 years.

“In his five years as CEO, and previously as CIO, Matt has presided over significant growth in the NZ Super Fund, well in excess of our investment performance benchmarks,” said Catherine Drayton, chair of the Guardians, in a statement on May 2. “Earlier this week, the fund was recognized by Global SWF as the best-performing sovereign investor globally over the last 10 years.”

Whineray will stay until Christmas as the board searches for his replacement. Until then, he will work with the board over the remainder of the year to lead a number of significant current programs of work, aiming to set the Guardians up for a new phase in its evolution.

“The Guardians has successfully met the many challenges it ha