BNZ Board
Current members of the BNZ Board.
John Waller
BCom, CA
John Waller became Chairman of the BNZ Board in November 2008 and has been a non-executive director since January 2008. In February 2009 he was appointed a non-executive director of the NAB Board.
Mr Waller retired from PricewaterhouseCoopers (PwC) at the end of December 2008. He has vast commercial experience with more than 20 years involvement in mergers and acquisitions, corporate advisory services, business reviews and a wide range of corporate activities in his Head of Advisory role at PwC. He was on the PwC New Zealand Board for many years and is currently a director of Alliance Group Ltd, BNZ Income Securities Ltd, BNZ Investments Ltd, Direct Property Fund Ltd, Direct Property Fund No. 2 Ltd, Direct Property Fund No. 3 Ltd, Direct Property Fund No. 4 Ltd, Donaghys Ltd, Fonterra Co-operative Group Ltd, Haydn & Rollett Ltd, National Australia Bank Ltd, National Equities Limited, Rugby Accommodation 2011 Ltd, Rugby Sales New Zealand Ltd, and Sky Network Television Ltd. He is Chairman of the Eden Park Trust Board and of the Eden Park Redevelopment Board for the Rugby World Cup 2011.
Andrew Thorburn
BCom (Economics), MBA (Distinction), SF, FINSIA
Andrew Thorburn was appointed Managing Director and CEO of BNZ in October 2008. Mr Thorburn also has a Group oversight role for Great Western Bank in the USA and NAB’s operations in Asia. He was previously Executive General Manager of Retail Banking at National Australia Bank.
Mr Thorburn has over 20 years experience in the banking industry, including ten years at ASB in New Zealand, followed by senior roles at CBA, St George and NAB in Australia.
Previous roles have been in retail, marketing and strategy. He was a Director of MLC from 2005-08, the wealth management division of NAB, one of Australia’s largest investment and insurance companies. Other directorships include Serv Co Pty Ltd and Banking Ombudsman Scheme Ltd.
Mr Thorburn graduated from Auckland University with a Bachelor of Commerce (Economics). His Masters in Business Administration was completed at the University of Durham in the UK.
Cameron Clyne
BA
Cameron Clyne has spent 19 years working and consulting in the financial services industry.
In 2004 he joined the NAB Group as Executive General Manager Group Development and was appointed Managing Director and CEO of Bank of New Zealand in March 2007. In January 2009 Mr Clyne became Group CEO of the National Australia Bank. He remains a non-executive director of BNZ.
His other directorships include Serv Co Pty Ltd and Clydesdale Bank Plc Limited.
Prior to joining NAB, Mr Clyne was a Financial Services Industry Asia Pacific partner for PricewaterhouseCoopers and has worked extensively in the banking and finance sectors in Asia, the United States and Europe over many years.
Edwin Johnson
BA (Hons) Accounting and Finance, MBA (Hons)
Ed Johnson joined the Board of BNZ in 2002 as an independent non-executive director and is Chairman of the NZ Regional Audit Committee.
He is currently Chairman of Fulton Hogan Ltd, Goldpine Industries Ltd, Port Marlborough New Zealand Ltd, Indevin Ltd, and Wine Export Partners New Zealand Ltd. He is a director of Port Otago Ltd, Marlborough Sounds Maritime Pilots Ltd, PMNZ Marina Holdings Ltd and the National Institute of Water and Atmospheric Research Ltd (NIWA). Mr Johnson was Chairman of a BNZ subsidiary company, Custom Fleet (NZ) Ltd from 2003 to 2006.
Mr Johnson retired as Chairman and Chief Financial Officer of the Shell Group of Companies at the end of January 2002 after a 20 plus year career with Shell Group both here in New Zealand and in the UK.
Mr Johnson is an Honorary Fellow of Massey University’s Centre of Business and Sustainable Development and is a Fellow of the New Zealand Institute of Directors.
Dr Susan Macken
BSc, BCom, PhD
Dr Susan Macken was appointed to the Board of BNZ as an independent non-executive director in June 2005. She is Chair of the Board Risk Committee.
Dr Macken is a non-executive board member of Treasury. She is currently Chair of the Institute of Environmental Science and Research Ltd and holds directorships in Fertility Associates, the Auckland Regional Amenities Funding Board and UCG Investments Ltd.
Past directorships include Southern Cross Healthcare, Hutt Valley Health, the NZ Trade Development Board, the New Zealand Racing Industry Board and the Land Environments CRI.
Dr Macken has extensive experience in senior management roles within the Fletcher Group of companies, the NZ Kiwifruit Marketing Board and as Chief Executive of the Auckland Regional Economic Development Strategy.
Stephen Moir
Stephen Moir was appointed as an independent non-executive Director of Bank of New Zealand in April 2008.
He has extensive banking experience, previously holding senior roles in Westpac Institutional Bank, Credit Suisse (Singapore), and Citibank (Singapore, Thailand and Australia), focusing on Treasury, institutional banking and financial markets.
Mr Moir is currently a member of the Board of The Guardians of the New Zealand Superannuation Fund.
Dr Andrew Pearce
BSc (Hons), MSc, PhD, FNZIM
Dr Andy Pearce joined the Board of BNZ as an independent non-executive director in April 2008. He is Chairman of the Board Remuneration Committee.
Dr Pearce is a director of Christchurch City Holdings Ltd and Anark Ltd. He is Chairman of the Terranova Trust and the Environment Canterbury Commissioners. He is also a member of the Energy Efficiency and Conservation Authority.
Past directorships include Wool Equities Ltd, Keratec Ltd, Canesis Networks Ltd, Ngai Tahu Group, Migco Pharmaceuticals Ld and the Wool Research Organisation of NZ Inc.
Dr Pearce was the founding Chief Executive of Landcare Research New Zealand Ltd.
Prudence Flacks
LLB, LLM
Prudence Flacks was appointed as an independent, non-executive director of Bank of New Zealand on 19 October 2009.
Ms Flacks is a director of Mighty River Power Ltd and a trustee of the Victoria University Foundation.
Ms Flacks is a barrister and solicitor with extensive specialist experience in commercial law and, in particular, banking and finance and securities law. Her areas of expertise include corporate and regulatory matters, corporate finance, capital markets, securitisation and business restructuring.
She is a consultant to Russell McVeagh and was previously a partner at Russell McVeagh for 20 years. She is also a member of the Institute of Directors, INFINZ and the Banking & Financial Services Law Association.
Gavin Slater
BCom
Gavin Slater was appointed as a non-executive director of Bank of New Zealand on 12 August 2011.
He joined National Australia Bank in 1999 and has held a number of key executive positions including Chief Financial Officer for the Australian region and Group General Manager (Foreign Exchange Remedial Action Program). From 2005 to 2009 he was Executive Director (Deputy CEO) for NAB’s Clydesdale and Yorkshire Banks in the UK. In 2009 Mr Slater became the Group Executive for Group Business Services at NAB.
Mr Slater started his career at the Standard Bank in South Africa and prior to joining NAB spent four years at PriceWaterhouseCoopers,
He is a fellow of the Certified Practising Accountants and also a member of the Institute of Company Directors.
