ASB Bank chief executive Barbara Chapman has been elected chair of the New Zealand Bankers’ Association for 2014/15 and takes on the role today.
BNZ chief executive Andrew Thorburn was elected deputy chair.
“The association plays an important role representing the banking industry on a range of issues with a range of stakeholders,” said Barbara Chapman.
“Our banks are rated among the most sound in the world, and work hard to achieve consistently high customer satisfaction. That’s good for New Zealanders and our economy.”
ASB takes over the chair bank role from Westpac.
New Zealand Bankers’ Association chief executive Kirk Hope said, “I would like to acknowledge Peter Clare’s contribution as chair over the last year, and welcome Barbara Chapman to the role.”
The New Zealand Bankers’ Association is the industry’s voice and promotes policy outcomes which contribute to a successful banking system that benefits New Zealanders and the New Zealand economy.
Association membership is open to any bank registered under the Reserve Bank of New Zealand Act 1989. Currently the association has 14 members. The association’s governing body is its council, comprising the chief executive of each member bank