Announcement
ADMIN: HBL: Heartland announces Deputy Group CEO and Bank CEO
09:28am
HBL
19/05/2022 09:28
ADMIN
NOT PRICE SENSITIVE
REL: 0928 HRS Heartland Bank Limited
ADMIN: HBL: Heartland announces Deputy Group CEO and Bank CEO
NZX/ASX release
19 May 2022
Heartland announces Deputy Group CEO and Bank CEO
Heartland Group Holdings Limited (Heartland Group) (NZX/ASX: HGH) and
Heartland Bank Limited (Heartland Bank) (NZX: HBL) (together, Heartland), are
pleased to announce the appointment of Chris Flood as Deputy Group Chief
Executive Officer of Heartland Group, and Leanne Lazarus as Chief Executive
Officer of Heartland Bank (subject to Reserve Bank of New Zealand
non-objection), with effect from 1 August 2022.
As the current CEO of Heartland Bank, Chris Flood, has been with Heartland
for 25 years, joining through MARAC Finance in 1997, and has made a
significant contribution to the organisation. Chris successfully led the
motor finance business during Heartland's establishment in 2011, the
integration and growth of Heartland's Reverse Mortgage businesses in New
Zealand and Australia, the development of Heartland Bank's Livestock and
Asset Finance divisions, and has continued to drive growth throughout the
bank since becoming Heartland Bank CEO in 2019.
In his new role as Deputy Group CEO of Heartland Group, Chris will take
responsibility for Heartland's organic growth across New Zealand and
Australia, applying Heartland Bank's successful growth model to Heartland's
Australian entities. Chris will also lead further strategic initiatives
across the group.
Leanne Lazarus joins Heartland Bank from her role as CEO and Executive
Director of Westpac Life Limited, Westpac New Zealand Limited's (Westpac NZ)
insurance entity. Leanne has 30 years of global experience in banking and
financial services, including having held a range of executive positions
across Westpac NZ and ANZ Banking Group.
Leanne's extensive experience in operations and technology will contribute to
advancing Heartland Bank's digitalisation strategy, and the ongoing reduction
of Heartland Bank's cost-to-income ratio through removing customer friction
and enhancing customer experience.
Chris moves formally into his role as Deputy Group CEO, Heartland Group, from
1 November 2022, allowing time for a comprehensive handover with Leanne.
Jeff Greenslade continues as CEO of Heartland Group with responsibility for
Heartland's activity in New Zealand and Australia.
- ENDS -
This announcement was authorised by Geoff Ricketts, Heartland Group Board
Chair, and Bruce Irvine, Heartland Bank Board Chair.
For further information, please contact:
Bruce Irvine
Chair, Heartland Bank Board
021 392 329
bruce@brirvine.co.nz
Level 4, Deloitte House, 151 Cambridge Terrace
Christchurch, New Zealand
Jeff Greenslade
CEO, Heartland Group
027 382 0023
jeff.greenslade@heartland.co.nz
Level 3, Heartland House, 35 Teed Street
Newmarket, Auckland, New Zealand
For media enquiries, please contact:
Nicola Foley
Group Head of Communications, Heartland Group
027 345 6809
nicola.foley@heartland.co.nz
End CA:00392303 For:HBL Type:ADMIN Time:2022-05-19 09:28:24
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