The New Zealand Superannuation Fund aims to replace outgoing chief executive Adrian Orr by mid-May and is enlisting the help of a recruiter to find the best candidate.
The fund's manager, Guardians of New Zealand Superannuation, issued the request for proposals on January 5 in what's described as a "one-off, urgent service" to replace Orr, who was tapped to head up the Reserve Bank from late March.
"The Guardians' outcome for this service is for the successful respondent to achieve a successful, and lasting, placement of a new chief executive officer as near as is practically possible to the departure date of the current chief executive officer in March 2018," the fund manager said in the RFP published on the government GETS tender website. "The Guardians ideally would like to finalise the appointment of the new CEO by mid-May 2018."
The fund manager wants a "highly experienced executive search agency with a proven success record in local and international executive search to provide this one-off urgent service." Given that urgency the recruiter must have "the capacity to meet the Guardians' time frames," it said.
The recruiter will be selected through an open, competitive tender process and the deadline for proposals is February 1 and it aims to have a contract start date of February 14, it said.