Our board

The trustee has a board of three independent directors who lead all key fund decisions. The fund is managed under a clear set of investment objectives and policies.

A portrait of Christopher Swasbrook on floor 29 of the Auckland Council building.

Chair – Christopher Swasbrook 

Christopher Swasbrook is the Founder and Managing Director of Elevation Capital and Co-Founder and Director of NZX-listed New Zealand Rural Land Company. He is also Chairman of Bethunes Investments and McCashin's Brewery. Previously, he was Chair of NZX-listed Allied Farmers, Director of NZX-listed Mowbray Collectables, Director of NZX-listed Satara Co-Operative Group, and Director of Ruapehu Alpine Lifts.

Early in Mr Swasbrook’s financial markets career he became a Foundation Broker of the New Zealand Exchange (NZX) after having been a Full Member of the New Zealand Stock Exchange (NZSE). He became Partner and Co-Head of Institutional Equities at Goldman Sachs JBWere (NZ) in 2003. Mr Swasbrook is currently a Board Member of the Financial Markets Authority (FMA), having previously served as a Member of the NZX Listing Subcommittee (2008-2023) and a Member of the New Zealand Markets Disciplinary Tribunal (2013-2023).

Since graduating from the University of Auckland with a Bachelor of Commerce (Economics) in 1996, he has undertaken Executive Education courses at Columbia University (New York), New York University (NYU), London School of Economics (LSE) and the Harvard Kennedy School in Boston, Massachusetts. Born in Auckland, he has been a long-time supporter of business and arts communities and is an Inaugural Member and current Chair of the Auckland Art Gallery Toi o Tāmaki Advisory Board

A portrait of David Callanan on floor 29 of the Auckland Council building.

Director – David Callanan

David has over 20 years’ experience in the financial services sector, including more than a decade in senior executive roles specialising in risk, compliance, legal and governance. Before coming to New Zealand, he spent four years at PwC in Australia and the UK, and six years at the Citibank-State Street Fund administration joint venture, CitiStreet Australia. David joined Public Trust in 2019 and is currently the General Manager, Corporate Trustee Services. In this role David and his team oversee many of New Zealand’s leading managed investment scheme fund managers and KiwiSaver providers as supervisor and/or custodian, as well as fulfilling the responsibilities of trustee, security trustee, or statutory supervisor for various financial products and services.

David holds a Bachelor of Laws and holds post-graduate qualifications in risk management, assurance and governance. He is a Fellow of the Institute of Chartered Secretaries and Administrators, the global professional body for governance professionals.

David has lived in Auckland for almost 10 years and is raising three primary and intermediate school-aged boys on the North Shore.

A portrait of Craig Stobo on floor 29 of the Auckland Council building.

Director – Craig Stobo

Craig Stobo is currently an independent Chair of the Financial Markets Authority, the Local Government funding Agency and NZX-listed NZ Windfarms Ltd. His previous independent directorships included NZX-listed Precinct Properties and Fliway Group, and AIG Insurance NZ. 

Craig has executive and governance experience in foreign policy, economics, investment banking, central and local government advisory, aquaculture, viticulture, wealth management, funds administration and funds management, including as Co-Founder and CEO of BT Funds Management.

Craig graduated BA Hons (Economics First Class) from Otago and completed the Advanced Management Programme at The Wharton School, Philadelphia. He is an Associate Member of CFA Society NZ, a Chartered Fellow of the Institute of Directors, and a member of the NZ Initiative.

His pro bono work includes Chair of the Finance and Risk Committee of Cancer Society Auckland and Northern, Chair of the Waitaki Boys High School Foundation and is a Taumata of the University of Otago Business School.