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NZX names head of funds management biz


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NZX names head of funds management biz

NZX Ltd. appointed Hugh Stevens as head of its funds management business, effective Feb. 5, 2018.

Stevens will oversee NZX's Auckland-based Smartshares exchange-traded funds business and its superannuation and KiwiSaver business, SuperLife. Stevens is currently COO of Implemented Solutions Ltd. He previously was head of private equity and real estate fund services for BNP Paribas.

Stevens' appointment follows the resignation of Aaron Jenkins earlier this year.

In addition, NZX said its three-year, fixed-term employment agreements with SuperLife's previous owners Michael Chamberlain and Owen Nash will end Dec. 31. The agreements were put in place as part of NZX's acquisition of the business in January 2015.

Nash will stay on to support the NZX funds management business in a part-time capacity until mid-2018, the company said.