BNZ chairman to step down

McDonald, who also relinquishes a seat on the board from November 7, will be replaced by John Waller, the bank said in a statement today.

The departure comes after announcements of senior management changes at the bank after chief executive Cameron Clyne was promoted to be CEO of parent National Australia Bank. Clyne leaves at the end of this month and will be replaced by Andrew Thorburn, currently head of NAB's retail business in Australia.

By Jonathan Underhill

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

MFB - Chair Succession
CNU - Update on constitutional ownership restrictions
CEN - Contact, CDC partner to explore data centre development
August 10th Morning Report
August 7th Morning Report
PHL - Promisia to acquire Chatswood Retirement Village
MEL - Annual Shareholder Meeting 2026 / Director Nominations
August 6th Morning Report
General Capital (NZX: GEN) Announces Credit Rating Upgrade
August 4th Morning Report