Walker to retire as Savage is promoted

The New Zealand Superannuation Fund's overseeing entity appoints Catherine Savage as its new chairman.

Guardians of the New Zealand Superannuation, the New Zealand-based crown entity that oversees the New Zealand Superannuation Fund, has appointed Catherine Savage as its new chairman.

Savage will take up the role on January 1 2016, replacing Gavin Walker who has held the position since 2010.

Savage previously served as deputy chairman of the board, a position she took in 2012 following her appointment as a board member in 2009. Lindsay Wright will be promoted to deputy chairman.

The New Zealand Superannuation Fund is responsible for pension payments to all New Zealanders over the age of 65. It was created in 2011 by the minister of finance.

Savage said: “The New Zealand Superannuation Fund is a vitally important institution for our country, children and future generations. My fellow board members and I take the responsibility of investing taxpayer money very seriously.”

– Photo of Catherine Savage courtesy of LinkedIn

See more from this Government Report: New Zealand

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