INDEPENDENT NEWS

CORRECT: Bank of New Zealand rings in executive changes

Published: Wed 16 May 2018 06:48 PM
CORRECT: Bank of New Zealand rings in executive changes in product, customer service
(Fixes Peter MacGillivray's name in final paragraph)
By Paul McBeth
May 16 (BusinessDesk) - Bank of New Zealand chief executive Angela Mentis is ringing in more changes among her leadership team, with the heads of product development and customer service set to depart at the start of July.
The Auckland-based lender today announced director of products and technology David Bullock and director of customer fulfilment services Martin Gaskell will leave the bank from July 1, without citing a reason for their respective departures. Both joined BNZ's executive team in October 2014 and held various roles at the bank before their elevation.
Bullock was responsible for BNZ's product and customer solutions functions, and its technology, digital and enterprise security teams, while Gaskell was responsible for the bank's service and operations.
Mentis acknowledged their "significant contribution" had made to the bank and said in a statement that "the announcement of new executive appointments would be made in due course."
The local subsidiary of National Australia Bank this month reported an 18 percent increase in first-half profit, reflecting wider net margins on an expanding loan book. Mentis took the opportunity to reaffirm the bank's commitment to consumers as an Australian royal commission of inquiry into the sector highlighted some dubious practices on the other side of the Tasman, and spurred local regulators to demand the industry prove it's clean.
Mentis took over the reins from January, swapping positions with former CEO Anthony Healy who took over her previous role at NAB as chief customer officer business and private banking.
In April, BNZ director of transformation and enterprise performance Richard Griffiths and director of strategy and planning David Maloney left the lender less than a month after their exits were announced, while acting chief financial officer Peter MacGillivray took on the position permanently when ANZ executive Mandy Rutherford withdrew from taking up the role.
(BusinessDesk)
BusinessDesk
Independent, Trustworthy New Zealand Business News
The Wellington-based BusinessDesk team provides a daily news feed for a serious business audience.
Contact BusinessDesk
Email:

Next in Business, Science, and Tech

Waste work programme to tackle tough problems
By: New Zealand Government
Foreign buyers ban passes third reading
By: New Zealand Government
Fairfax slashes value of NZ business as Nine merger looms
By: BusinessDesk
Commission to sue Viagogo
By: Commerce Commission
Fonterra CEO Spierings goes early after milk price trimmed
By: BusinessDesk
Tyres pollution: Some collectors ignore disposal rules
By: RNZ
Concrete solutions to Auckland’s construction waste
By: New Zealand Government
Greens all talk, no action
By: New Zealand National Party
Councils back the Government’s waste work programme
By: Local Government NZ
Waste levy hike has nothing to do with the environment
By: New Zealand Taxpayers' Union
NZ First Welcomes First Step in Addressing Foreign Ownership
By: New Zealand First Party
REINZ is disappointed foreign buyer ban passes third reading
By: REINZ
KiwiBuild puts the housing market at risk
By: New Zealand National Party
Urban Growth Agenda Warrants Bi-Partisan Support
By: Infrastructure NZ
Consumer NZ welcomes action against Viagogo
By: Consumer NZ
View as: DESKTOP | MOBILEWe're in BETA! Send Feedback © Scoop Media