Former Reserve Bank boss Adrian Orr joins Cook Islands Super board
Photo:
Former Reserve Bank governor Adrian Orr has become a member of the Cook Islands National Superannuation Fund (CINSF) board.
Orr has family links to the Cooks and has supported the fund previously, with advice from its formation.
Fund chair Heinz Matysik said Orr was a welcome addition.
"Adrian brings a wealth of industry knowledge and leadership that will strengthen our board," he said. "His appointment comes at a pivotal time, as the fund enters its next phase of growth and development."
The CINSF said Orr had supported uncle and former MP Norman George to get the fund established
"Since the fund's inception, Mr Orr has provided strategic and operational support to the board and executive, contributing to the fund's continued development."
The board seat is Orr's first public appearance since
he abruptly quit as RBNZ governor
in early March, after what was later confirmed to be a dispute with the RBNZ board over future funding of the central bank.
Orr
headed the New Zealand Super
for close to a decade, before moving to the RBNZ.
The Cook Islands Fund turns 25 this year and has about $300 million in assets under management.
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