The Guardians of New Zealand Superannuation has appointed Paula Steed as acting CEO for sovereign wealth fund New Zealand Superannuation Fund.
Paula Steed
Steed, general manager of strategy and shared services, will succeed CEO Matt Whineray, who spent 15 years with NZ Super and announced his resignation earlier this year. His last day is scheduled for December 8. Stephen Gilmore will continue as CIO.
Steed joined the Guardians in July 2021 after serving as chief internal auditor at ASB Bank. She has 25 years’ experience in financial services and banking, holding key executive roles in finance and general management at AMP, ANZ and ASB. In her current role, Steed oversees strategic development, finance, tax and investment operations at NZ Super.
Guardians Chair Catherine Drayton said the board’s search for a permanent chief executive was “progressing well,” and she expected to make an appointment this year.
This article initially appeared in our sister publication, Financial Standard, which, like CIO, is owned by ISS STOXX.
Tags: Guardians of New Zealand Superannuation, Matt Whineray, Paula Steed, sovereign wealth funds, Stephen Gilmore