Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Sovereign MD Joins Commonwealth Bank of Aust

I June 2006

Sovereign Managing Director, Barbara Chapman, to Join Commonwealth Bank of Australia

Statement made by Hugh Burrett, Managing Director, ASB Group

ASB Group Managing Director, Hugh Burrett, has today announced that Barbara Chapman, the Managing Director of Sovereign, has been appointed to the newly created role of Group Executive, Marketing & Communication at our parent company, the Commonwealth Bank of Australia.

Jon Raby, currently Sovereign’s GM Finance, has been appointed acting Managing Director of Sovereign.

Ms Chapman will take up this role and join the Commonwealth Bank’s Executive Management team with effect from mid-July.

During her nearly 12 years at ASB Barbara has demonstrated a unique talent in the areas of Marketing, Branding and PR and she has been widely recognised and awarded both internally and externally as one of New Zealand’s strongest marketers.

This appointment at Commonwealth Bank is strong recognition of her excellent capability in these key areas, and I am delighted for her.

Ms Chapman is widely viewed as the driving force behind ASB’s multi-award winning “Ira Goldstein” campaign. During her time with ASB she has also held line and profit accountability for ASB’s Human Resources division, Retail Banking business, Contact Centres, Sales and Service strategy, and BankDirect.

Ms Chapman joined the Sovereign team as Managing Director in November 2004.

“I am proud of what has been achieved by the team at Sovereign during my time as Managing Director”, Ms Chapman said. “As New Zealand’s largest Life Insurer Sovereign is an extremely successful business, led by a team of very talented executives. I am confident Sovereign will continue to go from strength to strength,” she said.

“I am excited by the challenge that awaits me at Commonwealth Bank, and look forward to executing their strategy of becoming Australia’s finest financial services organisation through excelling in customer service” Ms Chapman said.


© Scoop Media

Business Headlines | Sci-Tech Headlines


New Strategy: Fletcher Building Refreshes Board Chair And Directors

Fletcher Building's outgoing chair Ralph Norris announced the board's audit and risk committee chair Bruce Hassall will succeed him when he steps down from the troubled building company in September. More>>


Treasury Speech To Accountants: Human Capital And The Living Standards Framework

Our ambition is to integrate a broader conception of economics and value into the everyday work of public policy. We are taking this forward by developing what we call our Living Standards Framework. More>>


Up 0.5%: GDP Growth Eases Slightly

Gross domestic product (GDP) rose 0.5 percent in the March 2018 quarter, Stats NZ said today. This followed a 0.6 percent increase in the December 2017 quarter. Growth in service industries more than offset a fall in construction activity. More>>


Baby Formula: Fonterra Satisfied With Beingmate's Response To Error

Fonterra Cooperative Group is satisfied Beingmate Baby & Child Food is taking the right steps to deal with a labelling issue after getting caught out in a widespread audit by Chinese regulatory authorities. More>>