Paul Bevin has extensive experience in the investment management and superannuation industry.
Paul Bevin.
Paul Bevin has been appointed as an independent director to the board of Octagon Asset Management.
Bevin has extensive experience in the investment management and superannuation industry. He recently retired from his role as general manager investments, New Zealand Government Superannuation Fund Authority and the National Provident Fund (managing more than $7 billion of funds), a role he held for 18 years.
For the 17 years prior to that, Bevin was chief executive and chief investment officer of a successful wholesale investment manager (Tower Asset Management) with about $8b funds under management. He has been responsible for developing and leading investment strategy formation, investment manager selection, and review and negotiation of commercial terms across all asset classes.
Bevin is also a licensed independent trustee and has been on the board of the BNZ Officers’ Provident Association since 2005. He also serves on the investment committees of a family office and its charitable foundation. He was a member of the NZ Stock Exchange Market Surveillance Panel from 1995 to 2001.
Octagon chief investment officer Paul Robertshawe said the appointment comes at a time when the $500 million fund manager is focusing on attracting external mandates and direct retail investment into its funds.
“As a former CEO, Paul understands business strategy and financial management, staff engagement, and financial alignment with organisational goals. His depth of experience and knowledge will be invaluable to helping us execute our strategy and ensure best-practice funds management disciplines,” Robertshawe said.
In accepting the offer to join the board, Bevin said: “This reflects my confidence in the strategy to grow Octagon Asset Management into a leading wholesale fund manager and in the team of professionals in the business.”
Bevin joins Richard Bodman as the other independent director on the Octagon board (of three directors) with the intention that Bevin will assume the chair in the second half of 2023.
This is supplied content and not commissioned or paid for by NBR.
