Veteran Banker Andrew Wilson Appointed to NZ Super Fund Board

“Andrew’s experience in global markets and his investment management expertise will enable him to make a significant contribution to the Guardians’ important work,” said Mr Bishop.

Former international investment banker Andrew Wilson has been appointed to the Board of the Guardians of New Zealand Superannuation, the entity responsible for overseeing the $85 billion New Zealand Super Fund. The announcement was made today by Acting Finance Minister Chris Bishop.

Wilson’s appointment, effective from 20 October, brings deep financial market expertise to the board as it continues its mandate to grow and manage one of New Zealand’s most important long-term financial assets.

“Andrew’s experience in global markets and his investment management expertise will enable him to make a significant contribution to the Guardians’ important work,” said Mr Bishop.

A Career Spanning Central Banking and Global Investment Management

Andrew Wilson has had a distinguished career in both central banking and global asset management. He began his professional journey at the Reserve Bank of New Zealand and later worked at the Bank of England, two institutions renowned for their monetary policy and financial stability roles.

Wilson then joined Rothschild Asset Management, gaining experience in investment advisory and portfolio strategy before embarking on a 25-year career with Goldman Sachs Asset Management (GSAM) in the United Kingdom. At GSAM, Wilson held senior leadership roles including:

• Head of Fixed Income, Currency & Money Markets

• Chief Executive Officer, Goldman Sachs Asset Management International

These roles placed him at the helm of multi-billion-dollar investment portfolios, overseeing teams responsible for navigating complex global financial markets. His leadership extended beyond portfolio performance to include regulatory oversight, client strategy, and organisational growth.

Strengthening Governance at a Critical Time

Wilson’s appointment comes at a time when sovereign wealth funds like the NZ Super Fund are being challenged to balance long-term returns with sustainable investment practices in an increasingly volatile global economic environment.

The Guardians of New Zealand Superannuation are tasked with maximising returns without undue risk to the fund as a whole, to ensure it can meet future pension obligations for New Zealanders. The board plays a critical role in strategic oversight, risk management, and responsible investing.

Recent Developments at the Super Fund

The New Zealand Super Fund has continued to perform strongly, despite global headwinds, with a diversified portfolio that includes:

• Global equities and fixed income

• Alternative investments including infrastructure, private equity, and timber

• New Zealand-based assets such as property and growth-stage companies

The fund has also been active in integrating climate risk into its investment strategy and has committed to becoming net-zero by 2050 across its portfolio.

Wilson’s background in managing fixed income and currency exposure is expected to enhance the fund’s ability to navigate inflationary cycles and interest rate volatility—two of the most pressing macroeconomic challenges for institutional investors.

A Timely Appointment

Mr Bishop’s announcement underlines the Government’s intent to maintain robust leadership at the Super Fund and continue building on its legacy of strong governance.

“Andrew brings a wealth of knowledge, deep investment expertise, and global financial insight. His leadership will be invaluable as the fund navigates the complex economic landscape ahead,” Bishop said.