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New chair at Kiwibank

Jon Hartley has been appointed the new chairman of Kiwibank, replacing Sue Macken, who decided not to seek reappointment to the board.

Friday, November 8th 2019, 5:07PM

Jon Hartley

Hartley has more than four decades of experience in the banking sector including a spell as deputy chair of ASB Bank. 

The new chair has held senior roles including chairman of SkyCity, deputy chair of  Sovereign Assurance Company, director of Mighty River Power and Air New Zealand, a trustee of World Vision New Zealand, CEO of Brierley New Zealand and Solid Energy, and CFO of Lend Lease in Australia.

The change at the top of the Kiwibank board will take place on November 28. 

Kiwi Group Holdings, the ultimate holding company for the state-owned bank, confirmed the changes today. 

KGH board chair Jackie Lloyd said: "Jon has considerable governance and commercial expertise, including as Deputy Chair of ASB Bank, where he was on the board for 12 years, and 17 years of international banking experience with VisionFund International – the microfinance subsidiary of World Vision International – where he has just retired as chair."

Hartley added: "“Kiwibank is a vital and significant part of the New Zealand banking system. I look forward to working with the board, management and owners in the strategy implementation and to see the bank continue to realise its full potential.”

 

Tags: Legacy Trust

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Lender Flt 1yr 2yr 3yr
AIA - Back My Build 4.94 - - -
AIA - Go Home Loans 7.49 5.59 5.49 5.59
ANZ 7.39 6.17 6.04 6.19
ANZ Blueprint to Build 7.39 - - -
ANZ Good Energy - - - 1.00
ANZ Special - 5.57 5.44 5.59
ASB Bank 7.39 5.59 5.49 5.59
ASB Better Homes Top Up - - - 1.00
Avanti Finance 7.90 - - -
Basecorp Finance 8.35 - - -
BNZ - Classic - 5.99 5.69 5.69
Lender Flt 1yr 2yr 3yr
BNZ - Mortgage One 7.54 - - -
BNZ - Rapid Repay 7.54 - - -
BNZ - Std 7.44 ▼5.55 5.29 ▼5.59
BNZ - TotalMoney 7.54 - - -
CFML 321 Loans 5.80 - - -
CFML Home Loans 6.25 - - -
CFML Prime Loans 7.85 - - -
CFML Standard Loans 8.80 - - -
China Construction Bank - 7.09 6.75 6.49
China Construction Bank Special - - - -
Co-operative Bank - First Home Special - 5.49 - -
Lender Flt 1yr 2yr 3yr
Co-operative Bank - Owner Occ 6.95 5.59 5.49 5.69
Co-operative Bank - Standard 6.95 6.09 5.99 6.19
Credit Union Auckland 7.70 - - -
First Credit Union Special - 5.99 5.89 -
First Credit Union Standard 7.69 6.69 6.39 -
Heartland Bank - Online 6.99 5.49 5.39 5.45
Heartland Bank - Reverse Mortgage - - - -
Heretaunga Building Society 8.15 6.50 6.30 -
ICBC 6.95 5.79 5.59 5.59
Kainga Ora 7.39 5.79 5.59 5.69
Kainga Ora - First Home Buyer Special - - - -
Lender Flt 1yr 2yr 3yr
Kiwibank 7.25 ▼6.45 ▼6.35 6.49
Kiwibank - Offset 7.25 - - -
Kiwibank Special 7.25 ▼5.55 ▼5.45 5.69
Liberty 8.59 8.69 8.79 8.94
Nelson Building Society 7.94 5.55 5.84 -
Pepper Money Advantage 10.49 - - -
Pepper Money Easy 8.69 - - -
Pepper Money Essential 8.29 - - -
SBS Bank 7.49 6.95 6.29 6.29
SBS Bank Special - 5.89 5.49 5.69
SBS Construction lending for FHB - - - -
Lender Flt 1yr 2yr 3yr
SBS FirstHome Combo 4.94 4.89 - -
SBS FirstHome Combo - - - -
SBS Unwind reverse equity 9.39 - - -
TSB Bank 8.19 ▼6.39 ▼6.25 6.39
TSB Special 7.39 ▼5.59 ▼5.45 5.59
Unity 7.64 5.79 5.55 -
Unity First Home Buyer special - 5.49 - -
Wairarapa Building Society 7.70 5.95 5.75 -
Westpac 7.39 6.19 5.99 6.19
Westpac Choices Everyday 7.49 - - -
Westpac Offset 7.39 - - -
Lender Flt 1yr 2yr 3yr
Westpac Special - 5.59 5.39 5.59
Median 7.49 5.79 5.69 5.69

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