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Senior ASB executive Russell Jones shifting to BNZ to become executive general manager for technology and operations

Business
Senior ASB executive Russell Jones shifting to BNZ to become executive general manager for technology and operations

Senior ASB executive Russell Jones is moving to rival BNZ.

Jones, currently ASB's executive general manager for retail banking, will join BNZ as its executive general manager for technology and operations in mid-August, subject to Reserve Bank approval.

Jones has been ASB's retail head since February last year. Prior to that he was ASB's general manager of technology and innovation between June 2013 and January 2017. He has also been ASB's chief operations officer and group head of technology.

Jones is the second senior ASB executive to leave since Vittoria Shortt joined as CEO from parent Commonwealth Bank of Australia earlier this year succeeding long serving CEO Barbara Chapman. Steve Jurkovich, who was executive general manager of business banking at ASB, has left to become Kiwibank CEO. Jurkovich previously headed up ASB's corporate, commercial and rural banking operations.

BNZ on Wednesday also named Howard Silby as its chief operating officer for customers, products and services effective June 19, Dean Schmidt as its executive general manager of corporate affairs from July 23, and Rob Aitken as its executive general manager of transformation and strategy, effective mid-August. All three appointments require Reserve Bank approval.

Silby is currently executive general manager for business lending at BNZ's parent National Australia Bank. Schmidt is currently executive general manager of corporate affairs and transformation at Genesis Energy. Aitken joins from consulting business Partners in Performance. He previously worked on the integration of the ANZ and National Bank brands.

BNZ also says Shelley Ruha, is now chief customer officer of BNZ Partners rather than director of BNZ Partners, Paul Carter, formerly BNZ's director of retail and marketing, is now the bank's chief customer officer for consumer and wealth, and Kate Daly, ex-director of people and communications, is now chief people officer.

Wednesday's BNZ appointments come after five executives have effectively departed since new CEO Angela Mentis arrived from NAB at the start of 2018 succeeding Anthony Healy.

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