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Paula Steed

NZ Super Fund appoints general managers

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3 minute read

The public entity that overlooks the $55 billion NZ Super Fund has named two key senior appointments. 

Public entity Guardians of New Zealand Superannuation has recruited ASB Bank chief internal auditor Paula Steed as a new general manager of finance and investment operations, where she will have responsibility for the finance, tax, internal audit and investment operations teams. 

Ms Steed was previously a chief financial officer at UDS Finance and as division financial controller at ANZ. She has also held senior roles at AMP and Deloitte.

Guardians has also appointed Mark Fennell, current general manager of portfolio completion as its new general manager of risk. 

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Meanwhile the organisation will be commencing a hunt for a replacement general manager of portfolio completion.

In his new job, Mr Fennell will responsible for the Guardians’ risk, data services and record management divisions.

Mr Fennell joined the Guardians in 2007 as chief operating officer, before he became general manager of portfolio completion in 2012.

Prior to Guardians, he held senior treasury or risk management roles at The Warehouse Group, Forestry Corporation, Ministry of Foreign Affairs and Trade and New Zealand Railways Corporation. 

The appointees will commence with the organization on 5 July, reporting to chief executive Matt Whineray.

 

Sarah Simpkins

Sarah Simpkins

Sarah Simpkins is a journalist at Momentum Media, reporting primarily on banking, financial services and wealth. 

Prior to joining the team in 2018, Sarah worked in trade media and produced stories for a current affairs program on community radio. 

You can contact her on [email protected].