BNZ welcomes new independent director to its board

Chair says the industry veteran is a “fantastic addition” to the board

BNZ welcomes new independent director to its board

The Bank of New Zealand has announced the appointment of Barbara Chapman to its board as an independent non-executive director, starting October 01.

Chapman has extensive banking experience, having served as chief executive and managing director of ASB Bank from 2011 to 2018.

Read more: BNZ releases OCR forecasts

She also serves as the chair of both Genesis Energy and New Zealand Media and Entertainment (NZME) and is an independent director on the board of Fletcher Building.

“Banks play an important role in helping all New Zealanders achieve their business and personal goals,” Chapman said. “I’m delighted to be joining the BNZ team and supporting their focus on a great culture and great customer experiences.”

For his part, BNZ chairman Doug McKay said Chapman is a “fantastic addition” to the board.

“She brings with her an enormous depth of knowledge of the banking industry, a passion for people and culture, sustainability and strong governance. I look forward to her contribution,” he said.