Heartland hires Kiwibank executive Richard Lorraway as new chief risk officer

By Paul McBeth
Nov. 10 (BusinessDesk) - Heartland New Zealand, the bank formed through the merger of Canterbury and Southern Cross building societies with Marac Finance, has hired Kiwibank executive Richard Lorraway as its new chief risk officer.
Lorraway has held the same position with the state-owned lender for the past three years, and will take on the new position at Heartland on March 29, 2015, the bank said in a statement. Chief financial officer Simon Owen will continue as acting chief risk officer until the appointment.
Last mo...
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