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:

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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.

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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 and New Plymouth PIF Guardians Limited. He also sits on the investment committee of BNZ Investment Services.

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Greg Fleming


Director (appointed by the Police Service Organisations)

Greg is an employee of the New Zealand Police Association where he is the Industrial Advocate and National Secretary. As Industrial Advocate, Greg is responsible for negotiations around the terms and conditions of employment for the Association’s 13,500 members, including their collective employment agreements. As National Secretary, Greg is responsible for ensuring the organisation operates within its constitution in conducting its business. He has a long affiliation with the Police Superannuation Scheme, being the Association’s chief negotiator during its establishment in 1992 and subsequent enhancements. Greg was appointed as the Police Service Organisations’ director in 1996.

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Sarah Graydon

BA, LLB (Hons)

Professional director and licensed independent trustee

Sarah is an experienced lawyer who has worked in a number of areas and predominantly in in-house roles. She headed up the legal team at New Zealand Post for 8 years and now works with Juno Legal providing advisory, coaching and legal services centred on in-house legal functions. Sarah’s governance experience spans superannuation, health and education. She is a licensed independent trustee and currently holds positions with three other superannuation schemes as well as PSS.

Grant Hassell

Grant Hassell

BCA (Economics)

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 Managing Director and 9 years as Head of NZ Fixed Interest. He played a key role in several mergers and acquisitions including the sale of AMP’s global equity and fixed interest business to Macquarie in 2022, the sale of AMP Life to Resolution Life in 2020, and the purchase of AXA in 2011. 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 a director of the Shell NZ Pension Plan and Toyota NZ Group Pension Plan.

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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 and manages the portfolios for Wellington, Tasman, Canterbury and Southern 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.