Heartland executives get six of 10 top jobs at proposed TSB Heartland Bank, with no place for TSB's CEO or CFO
Six of the 10 executives proposed to run TSB Heartland Bank come from Heartland. TSB's chief executive and chief financial officer are not among them.
Heartland Group Holdings has named the team that would report to Leanne Lazarus, now chief executive of Heartland Bank and CEO designate of the merged lender, interest.co.nz reported. Five of her current Heartland executives would join her, along with four people from TSB's leadership team.
Heartland's people hold the money and risk jobs. Kerry Conway, Heartland Bank's CFO, would be CFO. Andy Wood, its chief risk officer and a former head of supervision at the Reserve Bank, would keep the risk role. Rebecca Thomas would move from chief digital and transformation officer to chief technology, digital and data officer. Lana West would stay chief people and culture officer. Peter Griffin, now chief commercial officer, would become specialist chief customer officer.
From TSB, Larissa Vaughan, general manager of regulatory affairs and general counsel, would be chief legal officer. Penny Burgess, general manager of customer delivery, would be chief customer officer for retail banking. Nick Herbert, general manager for product and marketing, would be chief product and proposition officer. Molly Auva'a-O'Brien, TSB's general manager for operational excellence, is also on the team, though her new title was not reported.
Left out from TSB are chief executive Kerry Boielle, CFO Matt Judge, chief digital officer Roxanne Salton, chief risk officer Graeme Scrivener and Steven Venables, general manager of people and culture.
Alistair Scott, chief auto and asset finance officer, is the only one of Heartland Bank's current executives left without a role. Chief legal officer Phoebe Gibbons would move to a new group chief legal officer job after completion.
