We are committed to being the best bank for our shareholders and our customers.
We’re a subsidiary of the National Australia Bank (NAB) Group of companies and we’re run by an executive team and governed locally, by a fully empowered board of directors.
Managing Director and Chief Executive Officer (CEO)
Angela Mentis was appointed CEO and Managing Director of Bank of New Zealand (BNZ) in January 2018. She has been a Director on the BNZ Board since December 2016.
Angela has extensive business, retail and institutional banking and wealth management experience, spanning more than 29 years.
Angela was previously Chief Customer Officer – Business and Private Banking with BNZ’s parent company, National Australia Bank (NAB), a position she held from August 2016. In this role, Angela was responsible for leading NAB Business, supporting customers across the Agriculture, Health and Government and Education sectors, along with Business Direct and Small Business, Private Wealth and JBWere.
Prior to this Angela was Group Executive, Business Banking from August 2014. She has also held senior roles as Executive General Manager, NAB Business – Australia’s largest SME business bank – and Executive General Manager, NAB Private Wealth.
Beginning her career at Macquarie Bank, Angela has held senior management positions at BT Financial Group, Westpac and Citibank Limited.
Angela holds a Bachelor of Business with a major in finance and economics and a sub-major in business law and a Graduate Diploma in Applied Finance and Investment from the Securities Institute of Australia. She is a graduate of the Australian Institute of Company Directors, a Senior Fellow of the Financial Services Institute of Australasia (FINSIA) and a member of Chief Executive Women.
Executive, Chief Customer Officer – Partnership Banking
Paul is our Chief Customer Officer, Partnership Banking. In this role he oversees the bank’s retail branches, contact centres, Partners, SME, Private Bank and broker businesses.
Paul started with the Bank of New Zealand in February 2017 as Director, Retail and Marketing, after spending the previous 15 years in senior leadership roles in financial services in Australia and the US. Prior to joining BNZ, Paul was Executive General Manager, Wealth Products at NAB, where he was responsible for Australia’s largest retail superannuation fund as well as NAB’s Asset Management Division. Paul started with NAB in 2008 as the Managing Director of Plum Financial Services and was a board member on Australia’s Financial Services Council (FSC).
Prior to his time at NAB, Paul held senior roles at Citigroup Smith Barney in New York, and Boston Consulting Group, both in Melbourne and New York.
Paul has an MBA from Harvard Business School and a Bachelor of Commerce from the University of Melbourne.
Executive, Chief Customer Officer – Corporate & Institutional Banking
Penny is our Chief Customer Officer for Corporate & Institutional Banking. In this role Penny is responsible for leading the Corporate and Institutional business supporting customers across a range of industries including infrastructure, government, financial institutions, agriculture and property.
Penny re-joined the Bank of New Zealand in March 2019, having started her banking career at BNZ 19 years ago in Financial Markets. Following her start at BNZ, Penny held a variety of banking roles across Financial Markets in sales and structuring and most recently as General Manager Auckland Northland in the Commercial and Agri business at ANZ. Additionally Penny held governance roles on the ANZ Investments and UDC Finance boards. While the majority of Penny’s time has been in NZ business, she has also spent time in Australia and Asia in Financial markets roles.
Penny holds a Chemical and Process Engineering degree from the University of Canterbury and Masters in Applied Finance from Victoria University of Wellington. Additionally Penny has attended executive education at both Columbia Business School and MIT- Sloan School of Management. Penny is a graduate of the Australian Institute of Company Directors.
Executive, Chief Financial Officer
Peter MacGillivray was appointed Chief Financial Officer of Bank of New Zealand (BNZ) in March 2018. Prior to the appointment he held the role of Chief Operating Officer - Finance.
Peter has extensive local and international banking experience starting his career at BNZ as a graduate in 1996 and holding a variety of roles at the bank, including several senior leadership positions in Finance.
Peter’s experience includes working in the Strategic Management function of HSBC, based in London. He focused on building a strategic planning model for HSBC to optimise the company’s portfolio of businesses.
From 2009 Peter spent four years with NAB, based in Melbourne, as the Head of Business Intelligence. In this role he was responsible for leading the reporting and analytics function for NAB. Peter re-joined BNZ in December 2013, as COO – Finance.
Peter studied at Auckland University graduating with a Bachelor of Commerce and is a member of the CPA.
Executive, Chief Risk Officer
Sam Perkins joined BNZ as Chief Risk Officer, in July 2018 and leads a team of risk specialists providing BNZ with world-class risk leadership, oversight, analysis and insight.
Before joining BNZ, Sam was Global Head - Operational Risk and Compliance, Institutional Banking, at ANZ. Here he lead the Compliance and Operational Risk management function overseeing risks arising across the institutional business. Prior to this he had spent 3 years as the Head of Wholesale Credit in ANZ New Zealand.
He started his financial career at ASB as a customer service consultant, before moving on to roles with American Express, and Standard Bank Group in London, Moscow and Johannesburg, amassing two decades of global experience in a range of credit, compliance and risk roles.
Sam has a real focus on people leadership, customer and banker experience and challenging the status quo to continuously improve business outcomes and is known for collaboration, knowledge-sharing and supporting people to be their best.
Executive – Technology & Operations
Russell Jones arrived at BNZ in August 2018, to lead the newly joined up functions of Technology & Operations.
He came to BNZ from ASB, where he was the Executive General Manager for Retail Banking, and before that, Executive General Manager of Technology & Innovation there. His previous career experience includes time in South Africa, London and the USA, as well as time in Auckland at Carter Holt Harvey, in information technology related roles.
Russell won New Zealand Chief Information Officer (CIO) of the Year in 2011 and was #1 in the CIO 100 in 2017, further demonstrating his significant achievements in driving growth, digital sales and customer engagement metrics.
Executive – Customer, Products & Services
Dan joined BNZ in March 2020 from Commonwealth Bank of Australia (CBA), where held the role of Executive General Manager, Home Buying – accountable for CBA’s $400 billion home lending portfolio. In that role, Dan had end-to-end accountability for home lending including product management, distribution strategy, pricing and margin management, operations, risk and credit policy, projects, systems and reporting.
Prior to this Dan held roles at McKinsey & Company, Fonterra and ASB. He holds an MBA and a Masters of Engineering Management from Northwestern University in the USA, together with a Bachelor of Commerce (Honours) from the University of Auckland.
Executive – Transformation & Strategy
Gerald joined BNZ in March 2020 from Credit Suisse in Singapore, where he held a range of roles over his 13 years there. His roles included key appointments as Head of Innovation and Transformation where he led the team to identify, incubate and scale innovation initiatives across Asia-Pacific. Gerald also held a role as Digital Channel Manager in Credit Suisse Private Bank, where he established Credit Suisse as a digital private bank.
Prior to Credit Suisse, Gerald worked with McKinsey & Company, Ferrier Hodgson, and Fletcher Challenge. Gerald lives in Auckland with his wife and two daughters.
Executive – Commercial Services & Responsible Business
Dean Schmidt joined BNZ in July 2018 from Genesis Energy where he was the Executive General Manager of Corporate Affairs and Transformation. Dean has also held executive roles with Television New Zealand, and senior roles with Telecom (now Spark) and the New Zealand Post Group, in Corporate Affairs, Government Relations and Community Relations. He has also held advisory roles in both Hon Helen Clark and Hon Tony Ryall’s Parliamentary Offices.
Executive, Chief People Officer – People & Culture
Kate joined BNZ in November 2017 and is our Chief People Officer. In this role, Kate is responsible for leading the organisational culture, talent, and capability initiatives that will enable BNZ to transform banking and deliver outstanding commercial performance through the success of our people.
Kate has a background in Human Resources and Communications leadership, having held senior roles across these portfolios since 2001. Most recently, Kate was Chief People and Communications Officer with Fletcher Building Ltd. Fletcher Building manufactures and distributes building products globally and is a major construction company employing 22,000 people in 40 countries. Prior to that Kate was General Manager – People & Performance and Communications with Coca-Cola Amatil (NZ) Ltd, Vice President, Human Resources at Deutsche Bank, London and Vice President, Human Resources at Merrill Lynch also in London.
Kate has a Bachelor of Commerce in Economics and International Finance and a Bachelor of Science in Pharmacology, both from the University of Auckland.