Matt Whineray appointed as NZ Super Fund CEO

Auckland, New Zealand. Photo by Kirsten Drew on Unsplash

New Zealand Superannuation (NZ Super) has appointed its interim CEO Matt Whineray as the CEO of the NZ$38 billion ($28 billion) fund, an appointment that followed a global, publicly-advertised search process conducted through an executive search firm.

Whineray’s appointment is effective July 1, an announcement said on Tuesday from Board of the Guardians of NZ Super, the Crown entity that invests NZ Super Fund.

Whineray joined NZ Super in 2008 as General Manager, Private Markets and since 2014 he has been the Chief Investment Officer, responsible for the fund’s investment activity in listed and unlisted markets, both directly and through investment managers.

In mid-March, he took over the charge as the interim CEO of the pension fund when former CEO Adrian Orr left to take up his new role as Governor of the Reserve Bank of New Zealand.

He has been instrumental in the Board’s successes over the last decade and is recognised globally as a leader in institutional investment, the announcement noted.

He has earlier worked at Credit Suisse in Hong Kong as a Managing Director, a short stint from 2007 to 2008, according to LinkedIn. Prior to that, he was a Director at First NZ Capital from 2001-2007 in Auckland.

NZ Super is a global investment fund established by the New Zealand Government to help pre-fund universal superannuation. A long-term, growth-oriented investor, the fund has returned 10 per cent per annum (after costs, before NZ tax) since inception in 2003.

For the year ended December 2017, the fund posted an annual return of 19.8 per cent with total assets surging to NZ$37.9 billion ($27.8 billion) amid an overweight value of growth assets or equities, an investment segment that the fund is heavily skewed towards.

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.