David Rae

David is an investment consultant and company director. 

He has several Investment governance roles including as a Guardian of the New Plymouth District Council’s Perpetual Investment Fund, a Trustee of the New Zealand Refining Company staff pension scheme and a member of the Investment Committee of the Māori-backed Te Pūia Tāpapa direct investment fund. 

He has considerable experience as a company director in the renewable energy and infrastructure areas. His current roles include Whanganui District Council Holdings (a council asset holding company), Gasnet (the owner of the gas network in Whanganui-Manawatu), the NZ International Commercial Pilot Academy (a pilot training school) and Astronz (a telescope importer).  

David spent eight years at the New Zealand Superannuation Fund, much of it as Head of Investment Analysis. He had a range of private market and direct investing experience, being involved in the infrastructure, forestry, farmland and insurance mandates. He was a member of the Fund’s investment committee and led the Responsible Investment team. 

He has previously worked in the Economics Department at the OECD in Paris, the National Bank of New Zealand and the Reserve Bank of New Zealand.

He holds a Master of Science (Distinction) from the London School of Economics and is a Chartered Member of the Institute of Directors.