Newsmakers
Acting CEO to Lead New Zealand Super
Paula Steed, general manager of strategy and shared services, will follow Matt Whineray and serve as acting chief executive of the $41.2 billion fund.
The pension fund’s asset value increased by NZ$9.7 billion to NZ$65.4 billion during the fiscal year that ended June 30.
Matt Whineray will leave the $39 billion pension fund after more than 15 years.
New chief had been acting in the role since predecessor left for central bank gig.