NZX appoints Hugh Stevens to lead funds management business
NZX Limited
Level 1, NZX Centre
11 Cable Street
PO Box 2959
Wellington 6140
New Zealand
Tel +64 4 472 7599
www.nzx.com
www.nzx.com 1 of 1
21 December 2017
NZX appoints Hugh Stevens to lead funds management business
NZX is pleased to announce the appointment of Hugh Stevens to lead the exchange’s funds
management business, effective Monday 5 February 2017.
Hugh will oversee NZX’s Auckland based Smartshares exchange traded funds (ETF) business
and its superannuation and KiwiSaver business, SuperLife. Hugh will report to NZX CEO Mark
Peterson and the Smartshares Board.
Hugh is the former Head of Private Equity and Real Estate Fund Services for BNP Paribas
based in Paris, France, and prior to that was Head of BNP Paribas Securities Services New
Zealand. He has an extensive fund management and administration background which includes
sales, product development and IT experience. Hugh is currently the Chief Operating Officer of
Implemented Solutions Limited.
Prior to joining BNP Paribas Hugh worked for JP Morgan in London where he held several
executive roles including Vice President, Applications Development Director and Vice President,
Head of Analytics.
Hugh’s skill set and leadership qualities align with NZX’s growth plans for its passive funds
management business as outlined in its recently released strategy.
His appointment follows the resignation of Aaron Jenkins earlier this year. Aaron resigned so he
and his family could return home to Sydney, Australia.
In addition to this, 31 December 2017 marks the end of the three year fixed term employment
agreements with SuperLife’s previous owners Michael Chamberlain and Owen Nash, which
were put in place as part of NZX’s acquisition of the business in January 2015.
It has been agreed that Owen will stay on to support the NZX funds management business in a
part time capacity until mid-2018 as Hugh transitions into the Head of Funds Management role.
Since NZX acquired SuperLife, the Group’s total funds under management (FUM) has grown
from $1.7 billion in January 2015 to more than $2.6 billion today. During this time NZX has also
expanded the Smartshares portfolio of ETFs from five to 23 funds. The NZX Board and
management would like to take this opportunity to thank Michael, Owen and Aaron for their
contributions to the SuperLife and Smartshares businesses.
For further information please contact:
Hannah Lynch
Head of Communications
T: 09 308 3710
M: 021 252 8990
E: hannah.lynch@nzx.com
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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