Heartland signals boardroom tweaks to meet RBNZ guidelines

Wed, 24 Jul 2013

July 24 (BusinessDesk) - Heartland New Zealand, the parent of the country’s newest bank, has tapped a new independent director to join its lending subsidiary and will have a quick reshuffle of its board after releasing earnings next month to meet Reserve Bank guidelines. The Christchurch-based lender will add Nicola Greer to the board of Heartland Bank this week to deepen its banking experience and boost the number of independent directors on the subsidiary unit’s board, it said in a statement. Once the firm announces its annual result nex...

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