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Heritage Bank bolsters executive team with key appointment

Leading mutual lender Heritage Bank has appointed Mr Paul Williams as interim chief financial officer.

In this capacity Mr Williams will assume responsibility for Heritage’s financial operations as well as incorporating his current responsibilities as chief strategy and investment officer.

Heritage announced the appointment in a trading update yesterday, alerting the market that the group's current CFO, Peter Cleary, is on extended personal leave.

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Heritage Bank CEO Mr Peter Lock said Mr Williams has been with the bank for a number of years, initially as treasurer and in that role and his current position has had significant involvement in the bank’s capital management, treasury and financial affairs.

Heritage Bank bolsters executive team with key appointment
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