Second big bank CEO departs

Incoming ASB CEO Sinead Taylor. (Image: Supplied)

Last week Antonia Watson finished up as Chief Executive of ANZ and today ASB announced Vittoria Shortt is stepping down as CEO and Managing Director after almost nine years.

She will finish up with ASB on 11 December this year.

Sinead Taylor has been appointed as Shortt'’s successor. Taylor is currently Group Executive Institutional Banking and Markets at Commonwealth Bank of Australia and brings extensive banking, operational and commercial experience to the role.

Prior to her current Group Executive role, Taylor has held Executive positions within the Commonwealth Bank group including Group Executive, Chief Operations Officer and Executive General Manager of Bankwest, as well as roles in global markets, strategy, marketing, business and corporate banking.