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.
  • Louise Edwards

    Louise Edwards (appointed 2019) is a Chartered Accountant. Louise is a director and chair of the board of Unity Credit Union. Louise is also a director of MFL Mutual Fund Limited and Superannuation Investments Limited and independent chair of the Audit & Risk Committee for ChristchurchNZ. 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 and Deputy Chair in 2022) brings 20+ years international corporate finance and capital markets experience to National Provident Fund after a professional career with PwC in NZ and HSBC Investment Bank in London. During her executive career, Sarah held a wide variety of roles including advising on M&A and capital market transactions, managing family office investments and as an Equity Research Analyst. Sarah is an avid investor in early-stage companies and the co-founder of Even Capital, a Venture Capital fund focused 100% on investing in female entrepreneurs. Sarah is a Director of NZX/ASX listed Pacific Edge, Orbis Diagnostics Limited and Annuitas Management Limited. She is also the Independent Chair of the Audit & Risk Committee of the Waiapu Anglican Social Services Trust Board. Sarah has a MA(Hons) in Economics from the University of Edinburgh and she earned the Accredited Investment Fiduciary® (AIF®) professional designation,
  • Graham Ansell

    Graham Ansell began his career at the Reserve Bank of New Zealand in 1987, spending 4 years in monetary policy implementation followed by a further 4 years in the reserves management office, managing Deutschemark, Yen, USD, and Euro-dollar bond portfolios. In 1996 Graham joined Armstrong Jones, a small Auckland-based funds management organisation in the role of head of fixed interest. Despite a series of ownership changes over the following years, Graham remained with the organisation which ultimately became ANZ Investments, the country's largest commercial funds management organisation. In 2012 Graham was promoted to the role of Chief Investment Officer, a position he held until 2018, when he left ANZ Investments to pursue a career as a professional director and investment consultant.

    Graham is a professional director and Licensed Independent Trustee. Graham is a director of BNZ Investment Services Limited, New Plymouth PIF Guardians Limited, PSS Trustees Limited, the manager of the Police Superannuation Scheme, and BP Pacific Investments Limited, the trustee of the BP New Zealand Retirement Plan. Graham is also a member of the investment committees for BNZ Investment Services Limited.
  • Lloyd Kavanagh

    Lloyd Kavanagh (appointed 2022) is a partner at law firm MinterEllisonRuddWatts where he founded and co-leads its financial services practice. He advises a wide range of leading New Zealand and overseas clients on governance, financial product and services offerings, and regulatory matters. Lloyd is a Fellow of the Institute of Finance Professionals New Zealand Inc (INFINZ).

    Lloyd has previously served as a board member of entities in New Zealand and overseas including Lawyers for Climate Action NZ Inc, The Banking & Financial Services Law Association Limited, AMP Superannuation (NZ) Limited, AMP Services (NZ) Limited, the Securities Commission, Sociedad de Productores de Leche SA and Sociedad Procesesadora de Leche del Sur SA, and as an advisory board member at Transfield Services (New Zealand) Limited. He was also a senior executive at Fonterra Co-operative Group Limited for several years with responsibility for M&A projects.
  • Tracey Berry

    Tracey Berry (appointed 2022) is an experienced senior executive with over 20 years of financial services experience, specialising in general management, insurance and wealth management, risk, compliance and consumer banking. She is a Partner with MosiacFSI, specialising in the provision of advice across the financial services sector.

    Previously, Tracey has held executive roles at TSB Bank, Kiwibank, including CEO of Kiwi Insurance, Kiwi Wealth and Group General Manager. She has also led the wealth management entities at both Bank of New Zealand and Westpac New Zealand. Tracey is an experienced trustee and committee member, previously (until 2023) holding the position of member of the Financial Advisers Act Disciplinary Committee (FMC Act). Tracey was chair and a non-executive director of Nikko Asset Management NZ Limited.