TCorp CIO to retire after nearly a decade in role

Binaya Dahal

Journalist

9 July 2026

Stewart Brentnall, the longstanding chief investment officer of the NSW Government’s financing and funds management arm, will retire from full-time employment over the coming 12 months.

TCorp chief executive Rob Kenna announced on Wednesday that Brentnall has advised of his intention to stand down after nearly ten years with the organisation. He will remain in the role during a transition period, with a successor expected to be appointed in the first half of 2027.

“Stewart joined TCorp in March 2017 and has played a pivotal role in the development and implementation of TCorp’s Total Portfolio Approach investment model and its successful application to client portfolios,” Kenna said.

“Together with the Investment Leadership Team, he has helped deliver strong investment outcomes that have exceeded clients’ objectives across the approximately $125 billion managed by TCorp on behalf of the NSW Government.

“Stewart will continue to lead the Investment team throughout the transition period, maintaining his focus on delivering strong investment outcomes for clients and supporting an orderly succession process.”

TCorp said it will undertake a comprehensive search process to appoint Stewart’s successor.

The departure is the second high-profile executive exit from the organisation in less than six months. It follows the retirement of former chief executive David Deverall, who stepped down in December 2025 after a decade leading the agency.