ASB creates new CIO

ASB has appointed Frank Jasper to the new role of chief investment officer, strengthening ASB’s in-house investment management expertise.

Jasper's previous roles include being a senior portfolio manager and then CIO at Fisher Funds, as well as roles at  more than 20 years of experience in the industry including roles at Craigs Investment Partners and Mercer.

He will work closely with ASB investment partner, BlackRock, which will see clients continue to benefit from BlackRock’s global reach, expertise, and proven performance.

“I look forward to building on ASB’s strong investment track record, working alongside BlackRock to continue to deliver strong returns for our clients in a rapidly changing environment.

Delivering strong investment returns is only part of the puzzle to unlock greater wealth for Kiwi. I am very passionate about helping our clients, and all New Zealanders, to feel empowered to make better investment decisions, which will have a great long-term impact on their finances.” Jasper says.

ASB general manager Wealth, Emma-Jayne Liddy, says Jasper brings valuable experience and perspective both from his role on ASB's investment committee and beyond, and joins at a critical time for this part of the business.

"With a volatile market, the recent changes to KiwiSaver announced by the Government, and an uncertain geopolitical environment, it’s important for our clients and all New Zealanders to have confidence in their investments."

Besides his new role as CIO, Jasper will continue as a member of the ASB Investment Committee, which he has been a part of since 2022.