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

 


Appointment of SBS Bank Chief Executive SBS Bank directors

Appointment of SBS Bank Chief Executive

SBS Bank directors have today announced that Wayne Evans has been appointed to the role of Chief Executive, replacing Ross Smith who is retiring on 31 July after 22 years in the role.

SBS Chairman John Ward said that in a highly contested process Evans impressed with his wide ranging industry experience, strategic insight and leadership capability.

“The financial services industry is evolving at a rapid pace, placing opportunities and challenges in front of us. Wayne’s proven financial services
background in retail networks, IT, and marketing will enable SBS to continue to be strategically positioned within the banking sector,” Mr Ward said.

Evans had expressed admiration for the Society’s long and proud history.

“Celebrating 145 years is quite a remarkable achievement in the business history of this country. SBS Bank is not only part of the fabric of Southland’s
own successful story, but increasingly, it is playing a greater role in the financial services sector within New Zealand. I feel both excited and a little nervous at being handed the reins. My predecessors have all proven to be talented, skilled leaders who have created an institution we can take great pride in. I fully intend to ensure that I continue this fine tradition.

“Our priorities will remain focused on enhancing the experience and benefits that our members receive. Expanding our investment in IT, our channels and product development will be critical. Importantly, we have a very talented and passionate team already delivering industry best practices to our member owned bank,” Mr Evans said.

Evans was educated at Southland Boys High before going on to complete a University of Otago Bachelor of Commerce (Accounting) and a Massey University post graduate diploma in psychology. He held senior banking and finance industry roles in Wellington and Auckland before returning to Invercargill to establish Finance Now Limited, the $120M consumer finance subsidiary of SBS Bank.

Ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

SOE Results: TVNZ Lifts Annual Profit 25% On Flat Ad Revenue, Quits Igloo

Television New Zealand, the state-owned broadcaster, lifted annual profit 25 percent, ahead of forecast and despite a dip in advertising revenue, while quitting its stake in the pay-TV Igloo joint venture with Sky Network Television. More>>

ALSO:

Insurers Up For More Payouts: Chch Property Investor Wins Policy Appeal In Supreme Court

Ridgecrest NZ, a property investor, has won an appeal in the Supreme Court over insurance cover provided by IAG New Zealand for a Christchurch building damaged in four successive earthquakes. More>>

ALSO:

Other Cases:

Royal Society: Review Finds Community Water Fluoridation Safe And Effective

A review of the scientific evidence for and against the efficacy and safety of fluoridation of public water supplies has found that the levels of fluoridation used in New Zealand create no health risks and provide protection against tooth decay. More>>

ALSO:

Scoop Business: Croxley Calls Time On NZ Production In Face Of Cheap Imports

Croxley Stationery, whose stationery brands include Olympic, Warwick and Collins, plans to cease manufacturing in New Zealand because it has struggled to compete with lower-cost imports in a market where the printed word is giving way to electronic communications. More>>

ALSO:

Prefu Roundup: Forecasts Revised, Surplus Intact

The National government heads into the election with its Budget surplus target broadly intact, delivering a set of economic and fiscal forecasts marginally revised from May to reflect weaker commodity prices and a lower tax take. More>>

ALSO:

Convention Centre: Major New SkyCity Hotel And Laneway For Auckland

Today SKYCITY Entertainment Group Limited revealed plans to build a new hotel and pedestrian laneway of bars, restaurants and boutique shopping on land it owns in the Nelson and Hobson Streets block, expanding the SKYCITY Entertainment Precinct. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news