BNZ appoints new CEO

National Australia Bank today announced that Anthony Healy has been appointed as managing director and chief executive officer of Bank of New Zealand (BNZ).

The appointment comes just two weeks after NAB announced that Andrew Thorburn would replace Cameron Clyne as group chief executive

Today, NAB confirmed that Mr Healy will replace Mr Thorburn, who has been appointed to become group chief executive in August 2014.

“For more than four years Anthony has led BNZ’s business bank, BNZ Partners, and during this time he has shown exceptional leadership and commercial acumen.

We are very pleased to be able to appoint a candidate of his calibre from within our own organisation,” NAB Group chief executive Cameron Clyne said.

BNZ chairman and NAB director John Waller congratulated Mr Healy on his appointment.

Mr Waller said BNZ Partners had gone from strength to strength under Mr Healy’s stewardship, with BNZ enjoying sustained success in agriculture and business markets.

“The BNZ board has a strong focus on succession planning and leadership development, drawing on the quality of the senior people we already have working with us,” he said.

“The quick selection of Andrew Thorburn’s successor is testament to this process and gives our BNZ people and customers clarity and certainty.”

Incoming NAB Group chief executive Andrew Thorburn said he was pleased to be succeeded by Mr Healy, who he had worked closely with over the last four and a half years.

“Anthony is an outstanding executive and I know he will continue to drive BNZ forward, ensuring the franchise remains focused on delivering for our customers, shareholders and employees,” Mr Thorburn said.

Mr Healy’s appointment to the role is effective from 12 May 2014, and he will also join National Australia Bank’s Group Executive Management Committee. His appointment is subject to regulatory approval.

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