National Provident Fund

To talk to someone about your scheme, phone 0800 628 776

In managing the NPF schemes, the Board focuses on:

  • Optimising investment returns (within acceptable risk parameters) and controlling costs
  • Continuing to make quality and efficiency improvements
  • Delivering a level of service that meets members’ needs and represents good value
  • Ensuring compliance with scheme trust deeds, legislation and regulations
  • Ensuring all risks are identified and managed.

The Board has committees responsible for audit and risk review and investment matters.

  • Edward Schuck PhD, MBA

    Edward Schuck (appointed 2015 and Chair in 2017) is principal of Fidato Advisory, a provider of investment consulting and research services to institutional investors, Crown agencies and wealth management businesses. Prior to starting Fidato in 2009, he held leadership roles in the financial services industry in New Zealand and the United Kingdom, most recently as Managing Director of Russell Investments. He is also a director of Annuitas Management Limited, MFL Mutual Fund Limited, Superannuation Investments Limited, Continuity Capital PE2 GP Limited and Continuity Capital PE4 GP Limited. Ed promotes private investment in New Zealand by working actively with the Property Council of New Zealand and the New Zealand Private Equity and Venture Capital Association.
  • Wayne Stechman

    Wayne Stechman (appointed 2012) is a professional director. He retired from Tower Asset Management Limited in 2008 after 18 years as Portfolio Manager and Head of Australasian Equities. Prior to that Wayne worked for a leading share broking firm as an investment advisor/portfolio manager. Wayne has extensive experience in the financial services and funds management industry in New Zealand. Other current roles include director and shareholder of Harbour Asset Management, panel member of Financial Services Complaints Ltd and member of the Todd Foundation Investment Committee.
  • Stephen Ward

    Stephen Ward (appointed 2016) is a non-executive director of ASX listed Sydney Airport Limited, SecureFuture Wiri Limited and Secure Future Wiri Holdings Limited. Stephen is the chair of the nomination and remuneration committee at Sydney Airport and he is on the audit and risk committees of Secure Future. Secure Future has designed, built and now operates Auckland South Corrections Facility in a public private partnership with the New Zealand Department of Corrections.

    Stephen also has a number of not for profit roles. He is a board member of The Life Flight Trust (which operates the Wellington based Westpac Rescue Helicopter and a national air ambulance service) and the Wellington Free Ambulance Service (WFA). He is a WFA appointed non-executive director of Central Emergency Communications Limited which operates the central New Zealand ambulance despatch control room. He is also the independent chair of the Advisory Council for the Financial Dispute Resolution Scheme.

    Stephen is also a consultant in the Wellington office of national law firm, Simpson Grierson. He was previously a partner and led the Corporate and Commercial Practice of Simpson Grierson for 6 years to 2013; and was on Simpson Grierson's Board of Management for 14 years.
  • Daniel Mussett

    Daniel Mussett (appointed 2016) is the owner of consulting firm, ALSA Consulting, which advises a select number of large investors, most of which are not-for-profit or Crown entities. Daniel also works part-time as the Investment Manager for Southern Cross Medical Care Society. He is the Chairman of the Board of a small charity that supports the needs of boys in straitened financial circumstances, serves as the independent member of the investment committee of a boutique financial advisory firm and is on the Asset/Liability Committee of Fidelity Life. Daniel has held a number of senior positions at global consulting firms in both New Zealand and Switzerland. He is a qualified actuary and a member of the Institute of Directors.
  • Louise Edwards

    Louise Edwards (appointed 2019) is a Chartered Accountant. Louise is a director on the boards of Credit Union Baywide and Co-op Money. She has over 20 years senior management experience across a number of industries in NZ and overseas. In particular, Louise has held senior executive positions within the NZ financial services industry and is an experienced leader with a wealth of financial management acumen. Previous roles include Chief Executive of the Rātā Foundation, Perpetual Trust, Chief Operating Officer for Assure NZ (subsidiary of AXA) and Senior Development Manager at Jacques Martin.

    In conjunction with her busy corporate life, Louise has always maintained strong community sector links which include her work with the Christchurch Children’s Earthquake Trust, Good Shepherd NZ Ltd, Canterbury Business Recovery Trust, Christchurch Symphony Orchestra, University of Canterbury Foundation and Christchurch Resettlement Services.
  • Sarah Park

    Sarah Park (appointed 2020) brings international corporate finance experience to National Provident Fund after a professional career with Pricewaterhouse Coopers in New Zealand and HSBC Investment Bank in London. Sarah has a MA in Economics and she earned the Accredited Investment Fiduciary® (AIF®) professional designation, awarded by the Center for Fiduciary Studies. During her executive career, Sarah worked in mergers and acquisitions, equity capital markets, venture capital and was also an Equity Research Analyst covering Pan-European Media.

    More recently, Sarah has moved her focus to governance and serves as a director of NZX-Listed Pacific Edge, Hawkes Bay Airport, Focus Genetics, Hereworth School Trust Board and Eurogrow Potatoes. Sarah is Chair of the audit and risk committees of Pacific Edge, Hawkes Bay Airport and Focus Genetics.

    Sarah lives in the Hawkes’ Bay where with her husband and two children she is an active member of the local community while enjoying the Hawkes’ Bay lifestyle.