Trustee
The Commissioner and the Police Service Organisations have appointed a single corporate trustee, PSS Trustees Limited, to manage the scheme. The authority, responsibilities, membership and operation of the Board of Directors of PSS Trustees Limited are set out in the board charter. The current directors of the trustee are:
Ian Russon
BA (Hons)
Professional director (Chair)
Ian has had a long career in the financial services industry. Following periods working in the UK, Canada, Hong Kong and Germany, he joined the Financial Markets Department of the Reserve Bank of New Zealand in 1995 and held various management positions focusing on foreign exchange reserves management and monetary policy implementation. In 2002, Ian joined Bank of New Zealand (BNZ) and, for the majority of his time at the bank, was Head of Financial Institutions & Public Sector. In 2017, Ian resigned from the bank to work as a professional director. In addition to his role with PSS Trustees Limited, he is chair of UniSaver Limited, and the New Zealand Defence Force Superannuation Scheme Advisory Trust Board. He is a director of the trustee of The Salvation Army New Zealand Officers’ Superannuation Scheme and a member of the board of management of the Bank of New Zealand Officers' Provident Association.
Graham Ansell
BCom (Hons)
Professional director (appointed by the Police Service Organisations)
Graham began his career at the Reserve Bank of New Zealand in 1987, spending 4 years in monetary policy implementation followed by a further 4 years in the reserves management office managing deutschemark, yen, USD, and euro-dollar bond portfolios. In 1996, Graham joined Armstrong Jones, a small Auckland-based funds management organisation, in the role of Head of Fixed Interest. Despite a series of ownership changes over the following years, Graham remained with the organisation, which ultimately became ANZ Investments, the country's largest commercial funds management organisation. In 2012, Graham was promoted to the role of Chief Investment Officer, a position he held until 2018 when he left ANZ Investments to pursue a career as a professional director and investment consultant. Graham is currently a director of BNZ Investment Services Limited, the National Provident Fund, New Plymouth PIF Guardians Limited and BP Pacific Investments Limited. He also sits on the investment committees of BNZ Investment Services and Ngāti Whātua Ōrākei Whai Rawa.
Greg Fleming
BCA, Dip IR
Director (appointed by the Police Service Organisations)
Greg is an employee of the New Zealand Police Association where he is the National Secretary and Employment Relations Project Officer. As National Secretary, he is responsible for ensuring the organisation operates within its constitution in conducting its business. As Employment Relations Project Officer, he has a variety of portfolios within the Association focused on representing and enhancing the employment interests of its members. Greg has a long affiliation with the Police Superannuation Scheme. He was the Association’s chief negotiator during its establishment in 1992 and subsequent enhancements. He was appointed to the Board as the Police Service Organisations’ director in 1996.
Sarah Graydon
BA, LLB (Hons), ChMInstD
Professional director and licensed independent trustee
Sarah’s governance experience spans superannuation, health and education. She is a licensed independent trustee and currently holds positions with four superannuation schemes as well as being a director of New Zealand Guardian Trust and Covenant trustee. Sarah is an experienced lawyer and currently works with Juno Legal providing resourcing, coaching and advisory support for in-house legal teams.
Grant Hassell
BCA (Econ)
Professional director (appointed by the Commissioner)
Grant has over 35 years’ experience in financial services and investment markets. He was most recently chair of Macquarie Asset Management New Zealand Limited (formerly AMP Capital Investors (New Zealand) Limited) and held a number of senior leadership roles during a long career with AMP Capital. This included over 3 years as Global Head of Fixed Income following 3 years as NZ Managing Director. Grant is a former trustee director of the AMP Staff Superannuation Scheme. Grant resigned from Macquarie in September 2022 and became a professional director. He is currently also a director of the Shell NZ Pension Plan, Toyota NZ Group Pension Plan, Westpac Staff Superannuation Scheme, Local Government Superannuation Scheme and the SuperEasy KiwiSaver Scheme.
Sandra Venables
Director (appointed by the Commissioner)
The Commissioner appointed Assistant Commissioner Sandra Venables as his representative on the board of PSS Trustees Limited in September 2019. Sandra is Assistant Commissioner – Districts: Central North Island and manages the portfolios for Waikato, Bay of Plenty, Eastern, Central and Wellington Districts. Sandra has been a police officer since February 1994 and has served as a frontline officer in Hamilton, Kaitaia, Whitianga and Thames-Coromandel. She was the Area Commander in Eastern Bay of Plenty based in Whakatāne for 3 and a half years before being promoted to District Commander in Eastern District. She was promoted to Assistant Commissioner in 2017 and held the national portfolios for Road Policing and Prevention before taking up her current role in 2021.