Briefs: Taylor leaves Police Bank, interim CFO for MyState, ANZ protest, questions over Key

Banking Day staff Briefs
New Police Bank acting CEO Andrew Rasby
New Police Bank acting CEO Andrew Rasby
  • Police Bank’s chief executive Tony Taylor left the business on Friday, for family reasons. Andrew Rasby, the bank’s chief member officer, will serve as acting CEO until further notice, the bank said. Taylor served as Police Bank CEO for three and a half years beginning in February 2016.
  • MyState has appointed Gary Dickson as its interim CFO. Dickson joins MyState on a fixed term contract until 30 June 2020, with his CFO duties due to start from 19 October. Dickson was most recently CFO at ME Bank for six years. Prior to this, Dickson was CFO for AXA Australia. He has also held senior positions with the Colonial First State Group, Portfolio Partners and CommBank. Dickson replaces former Deloitte partner, David Harradine, who has been CFO at MyState since January 2015.
  • Extinction Rebellion climate change protestors occupied the main central Wellington branch of ANZ yesterday, and glued their hands to a glass partition inside the bank. Protestors described the bank as one of the “monstrous corporations” putting profit before the planet.
  • Former Kiwi Prime Minister Sir John Key, who chairs ANZ New Zealand and sits on the board of ANZ’s parent bank in Australia, could be forced to stand down from one of the banking roles because of a potential conflict of interest, reports RNZ. Reserve Bank governor Adrian Orr said the trans-Tasman roles held by Sir John at ANZ (as well as by BNZ chairman Doug McKay, who holds similar roles) could raise questions over whose interests are pre-eminent.
  • Specialist rural lender Rabobank NZ says it will progressively move its corporate head office to the regional city of Hamilton. It said plans were underway to develop a new, purpose-built agri ‘centre of excellence’ in Hamilton’s CBD as the new base for the bank’s corporate head office roles that are currently based in Wellington.