FirstCape Group chief executive Malcom Jackson (left) and chairperson Matt Whineray. Photo: Supplied / Babiche Martens
The former head of the Superannuation Fund manager is to chair a mega private investment and wealth advice firm.
Matt Whineray left the Super Fund at the end of last year after five years as chief executive.
He will now chair the newly formed FirstCape Group, which has combined Jarden Wealth, JBWere New Zealand, Harbour Asset Management and BNZ Investment Services into a local investment giant with $44 billion of funds under management
FirstCape chief executive Malcolm Jackson said the group needed a chairperson with experience of managing big investment funds.
"Matt's legacy at NZ Super Fund is globally recognised. He understands the long-term positive impact we can have on our nation's ability to grow and preserve wealth, and to do this in an equitable and inclusive manner."
Whineray also brought understanding and expertise in sustainable investing, he said.
Whineray said FirstCape would aim to be market leading with the combining of the various groups offering the scale and experience to give clients more choice and better results.
"There's a lot of work to be done to ensure we are a nation with the means to retire and live well, and FirstCape will not be shying away from driving this."
The new group is set to launch in early May.
