BNZ boss to chair Bankers' Association

The new chairman of the New Zealand Bankers’ Association (NZBA) for 2011-12 is Bank of New Zealand boss Andrew Thorburn.

David Hisco, ANZ chief executive, is the deputy chair.

BNZ takes over the chairmanship from ASB Bank.

“I look forward to working with Andrew Thorburn. I am also very grateful for the leadership, support and assistance initially of Charles Pink, and then Ian Park, over the last year while ASB was our chair bank,” said NZBA chief executive Sarah Mehrtens.

Established in 1891, NZBA is a non-profit unincorporated association funded by member banks. In conjunction with its members, NZBA develops and promotes the banking industry viewpoint on non-competitive issues in policy discussions and in the media. NZBA also facilitates good practices in the banking industry through the Code of Banking Practice.

NZBA membership is open to any bank registered under the Reserve Bank of New Zealand Act 1989. Currently 12 registered banks are NZBA members. NZBA’s governing body is its council, comprising the chief executive of each member bank. 

Got a question about this story? Leave it in Comments & Questions below.

This article is tagged with the following keywords. Find out more about MyNBR Tags

Comments & Questions

Commenter icon key: Subscriber Verified

Post New comment or question

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.

NZ Market Snapshot


Sym Price Change
USD 0.6690 -0.0008 -0.12%
AUD 0.9173 0.0053 0.58%
EUR 0.5879 -0.0023 -0.39%
GBP 0.4392 0.0024 0.55%
HKD 5.1849 -0.0065 -0.13%
JPY 80.0920 -0.3080 -0.38%


Commodity Price Change Time
Gold Index 1164.4 8.600 2015-10-12T00:
Oil Brent 50.2 -2.660 2015-10-12T00:
Oil Nymex 47.6 -2.060 2015-10-12T00:
Silver Index 15.9 0.050 2015-10-12T00:


Symbol Open High Last %
NZX 50 5689.8 5718.8 5689.8 0.23%
NASDAQ 4839.8 4846.7 4830.5 0.17%
DAX 10128.5 10187.1 10096.6 0.23%
DJI 17082.3 17139.2 17084.5 0.28%
FTSE 6416.2 6416.2 6416.2 -0.70%
HKSE 22614.3 22779.5 22458.8 1.21%
NI225 18335.2 18359.7 18438.7 -0.67%