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


New Year and new starters for Kiwibank Executive Committee

JANUARY 14, 2019

Today Mike Hendriksen joined Kiwibank as its as Chief Legal Officer and next week Elliot Smith begins as its new Chief Strategy and Innovation Officer.

Kiwibank’s CEO Steve Jurkovich said he was looking forward to the leadership experience the pair would bring to the New Zealand-owned bank’s executive committee.

“Mike Hendriksen is a highly qualified barrister and solicitor who has specialised in financial services for many years. He’s made the great decision to leave an Aussie-owned bank and join the local team,” Mr Jurkovich said.

“In particular, Mike will bring in-depth knowledge of regulatory issues. He’s been deeply involved in the response to the findings of the Australian Royal Commission that sparked both the FMA and RBNZ’s review of banking conduct and culture. Mike will be instrumental in helping Kiwibank consider our own changes – both in response to the changing expectations of our stakeholders, and for our own local regulators, who understandably want to see evidence of great customer outcomes.

“Elliot's background is in relationship banking, corporate finance, and product and business model transformation. Kiwibank is at an exciting and critical point. The financial industry is facing disruption and Elliot has an excellent understanding of how to make the most of those opportunities, from the perspective of the customer, our bankers and the implications on the Kiwibank strategy.

“Both Elliot and Mike bring a wide range of skills and experience that make them ideal for Kiwibank’s next phase of growth, which will see us have much bigger impact on the New Zealand banking markets.

“To support this growth phase, Kiwibank needs the best of both worlds – significant external talent like Mike and Elliot joining the team, and the development of our own internal talent. Luckily, we’re attracting the former and we have the latter in spades,” Mr Jurkovich said.

Mike Hendriksen starts with Kiwibank on Monday 14 January and Elliot Smith starts on 21 January. Both will be based at Kiwibank’s Auckland office.


© Scoop Media

Business Headlines | Sci-Tech Headlines


'Unprecedented' Conditions: Genesis Coal Burn 5-Yr High

Coal-fired generation from Genesis Energy’s Huntly operations was the highest in more than five years in the December quarter, as a combination of low hydro storage and plant outages were compounded by tight natural gas supplies. More>>


Climate Summary: NZ’s Equal-2nd Warmest Year On Record

Annual temperatures were above average (+0.51°C to +1.20°C above the annual average) across the majority of New Zealand... 2018 was the equal 2nd-warmest year on record for New Zealand, based on NIWA’s seven-station series which began in 1909. More>>


GDP: Economic Growth Dampens In The September Quarter

Gross domestic product (GDP) rose 0.3 percent in the September 2018 quarter, down from 1.0 percent in the previous quarter, Stats NZ said today... GDP per capita was flat in the September 2018 quarter, following an increase of 0.5 percent in the June 2018 quarter. More>>


Up $1.20: $17.70 Minimum Wage For 2019

Coalition Government signals how it will move toward its goal of a $20 p/h minimum wage by 2021... “Today we are announcing that the minimum wage will increase to $17.70 an hour on 1 April 2019." More>>