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

 

BNZ rings in executive changes in product, customer service

Bank of New Zealand rings in executive changes in product, customer service

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 Paul MacGillivray took on the position permanently when ANZ executive Mandy Rutherford withdrew from taking up the role.

(BusinessDesk)

ends

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Greenpeace: Govt Extends OMV Exploration Permit

The Government has just granted oil giant OMV a two-year extension to drill in the Great South Basin, despite issuing a ban on new oil and gas exploration permits in April. More>>

ALSO:

Collective Bargaining For Contractors: Working Group's Model For Screen Sector

A recommended model to allow collective bargaining for contractors in the screen sector has today been unveiled by the Government-convened Film Industry Working Group. More>>

ALSO:

Kauri Dieback: DOC Closing Tracks To Protect Trees

The Department of Conservation will close 21 tracks across kauri land to help prevent the spread of kauri dieback. An additional 10 tracks will also be partially closed and the open sections upgraded... More>>

Price Of Cheese: Dairy Product Prices Descend

Dairy product prices fell at the Global Dairy Trade auction as whole milk powder slid amid the prospect of increased supply. More>>

ALSO:

Deductible Horses: Peters' Bloodstock Investment Plan

“Cabinet has approved the final design of the bloodstock rules which were first signalled in Budget 2018. Investors new to bloodstock breeding will be able to claim tax deductions for the cost of horses, even if they don't own an existing horse breeding business...” More>>

Petrol Up 19%: Annual Inflation To September 1.9 Percent

The consumers price index (CPI) increased 1.9 percent in the September 2018 year, driven by higher petrol prices, Stats NZ said today. This follows a 1.5 percent annual inflation rate for the June 2018 year. More>>

ALSO: