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

Forex

Sym Price Change
USD 0.7014 -0.0055 -0.78%
AUD 0.9389 -0.0010 -0.11%
EUR 0.6380 -0.0050 -0.78%
GBP 0.5345 -0.0030 -0.56%
HKD 5.4404 -0.0419 -0.76%
JPY 74.6990 0.5710 0.77%

Commods

Commodity Price Change Time
Gold Index 1320.8 1.300 2016-07-26T00:
Oil Brent 45.2 0.100 2016-07-26T00:
Oil Nymex 42.9 -0.210 2016-07-26T00:
Silver Index 19.7 0.030 2016-07-26T00:

Indices

Symbol Open High Last %
NZX 50 7310.4 7324.6 7310.4 0.16%
NASDAQ 5095.6 5122.3 5097.6 0.24%
DAX 10199.7 10275.4 10198.2 0.49%
DJI 18497.4 18522.5 18493.1 -0.10%
FTSE 6710.1 6744.8 6710.1 0.21%
HKSE 22193.3 22277.2 22129.7 -0.18%
NI225 16526.1 16642.6 16383.0 1.39%
ASX 5537.5 5564.6 5537.5 0.09%