ANZ Bank New Zealand on Thursday revealed changes to its leadership team starting with the finance head stepping into a funds management role.
ANZ said its chief financial officer Stewart Taylor will become acting managing director of funds management from the end of this month until a permanent appointment is made.
Taylor will step into the new role which will be created following the departure of Craig Mulholland the managing director of wealth and private bank, who announced his departure from the bank in April.
Amanda Owen, ANZ’s head of finance, will become acting chief financial officer for the period that Taylor takes on the new role.
The banking giant also said Keren Roberts, as general manager of strategic execution, will begin reporting directly to chief executive Antonia Watson, subject to approval from the Reserve Bank of New Zealand.
ANZ is one of five KiwiSaver default providers who will lose that status from Dec after the New Zealand government chose six other providers because of their lower fees and shifted the mandated investment style from conservative to balanced.