Powered by MOMENTUM MEDIA
subscribe to our newsletter

NAB non-exec director set to retire

NAB has announced the retirement of John Waller as a non-executive director of the bank and chairman of the Bank of New Zealand (BNZ), effective on 31 July.

Mr Waller was appointed as a non-executive director of NAB in February 2009. He also joined the group as a non-executive director of BNZ in January 2008 before being appointed chairman in November that year.

Advertisement
Advertisement

PROMOTED CONTENT


NAB chairman Michael Chaney thanked Mr Waller for his contribution to the board and BNZ during his seven-year association with the NAB group.

“John has brought a wealth of valuable corporate and financial experience to his position, including a deep understanding of the New Zealand market, and I would like to personally thank him for his contribution,” he said.

Mr Chaney said he was pleased to announce that Doug McKay will replace Mr Waller as chairman of BNZ from 1 August.

Mr McKay has been a non-executive director of BNZ since March 2013, and Mr Chaney said he will also join the NAB board in February 2016, subject to regulatory approval.

NAB non-exec director set to retire
mortgagebusiness

Latest News

The financial services regulator has commenced proceedings in the Federal Court against a big four bank over allegations it charged fees for...

Greater Bank has revealed that 75 per cent of its customers are now more than one month in advance on repayments. ...

The document collection and curation platform has qualified as an accredited data recipient under the Consumer Data Right. ...

FROM THE WEB

Join a group of highly informed brokers.

Broker Pulse, a community-driven knowledge base of lender performance Reveal exactly which lenders are making life easiest for brokers and their clients by taking this monthly survey and joining a group of highly informed brokers who leverage these insights every month.

JOIN NOW
podcast

LATEST PODCAST: BOQ’s acquisition of ME Bank

Do you expect to see strong uptake of the HomeBuilder scheme?

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.