Paula Steed had a 25-year career in financial services and banking, including with AMP, ANZ and ASB.
McLachlan is retiring after nearly seven years in the role.
Corin Maberly is a partner in the Auckland office.
Elena Trout re-elected, Paul Goodeve and Ken Sutherland join the board.
Kerry Boielle will take up the role with the bank in January 2024.
Hugh Stevens joins ambitious Australian firm as New Zealand executive director.
Current members Jodi O’Donnell, Kym Niblock, and Brent McAnulty will take up newly created roles.
Jonathan Klouwens departs wealth management and broking firm to pursue other opportunities.
Maree Wilson, Jen Nolan, and Liam Hansen are the new appointees.
Acting CEO Phil Wilson has won the role.