Powered by MOMENTUM MEDIA
realestatebusiness logo

Subscribe to our newsletter

Ex-Westpac NZ CEO joins Heritage

Heritage Bank has appointed an ex-Westpac NZ chief executive as the replacement for Vivienne Quinn, who has stepped down after 25 years. 

The non-major has appointed ex-Westpac New Zealand CEO Peter Clare to its board of directors, following the previously announced retirement of Vivienne Quinn from the board after 25 years of service.

Mr Clare has held various senior roles at Commonwealth Bank and has served on the senior executive teams at both St.George and Westpac, including over two years as CEO of Westpac New Zealand.

In recent times, the Sydney-based director has served as a non-executive director on a range of boards in both the technology and finance industries within Australia.

The announcement was made by chairman Kerry Betros prior to Thursday’s meeting of the board.

Advertisement
Advertisement

Mr Betros welcomed Mr Clare to this board, commenting on his vast experience in the industry.

“Peter has an extremely impressive banking background, and his knowledge would be welcomed on the board of any financial institution around the country,” Mr Betros said.

“Peter’s deep understanding of banking, coupled with his experience in the technology industry, will be invaluable to Heritage as we continue our digital transformation process.

“We’re delighted that Peter has chosen to join us as a director. We welcome him to Heritage and we look forward to leveraging his deep knowledge of the sector to help us maintain our success.”

Commenting on his appointment, Mr Clare stated he was “excited to have the opportunity” to work with Heritage and noted the bank’s growth.

“I believe I’ve got something to add. I like the brand, the brand positioning and the culture of the customer-owned bank proposition.”

Mr Clare joins the Heritage board effective from Thursday, 30 April, coinciding with the resignation of Ms Quinn, who attended her final meeting on Thursday.

[Related: Heritage announces board changes]

Ex-Westpac NZ CEO joins Heritage
mortgagebusiness

Latest News

Making news this week, RBA keeps options open for September, Rates up to 91bp higher for existing borrowers: Lendi, RBNZ boosts cash rate to...

While the central bank went hard on its third consecutive 50-bp hike – without considering another option – the August minutes reveal it...

The state’s Premier has said residents impacted by this year’s floods will be offered buy-backs and land swaps, however no date has been...

VIEW ALL

Join Australia's most informed brokers

Do you know which lenders are providing brokers and their customers with the best service?

Use this monthly data to make informed decisions about which lenders to use. Simply contribute to the survey and we'll send you the results directly to your inbox - completely free!

Do you think the new NSW property tax will help or hinder first home buyers?

Website Notifications

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