Incoming Chief Executive Officer of Heartland Bank, Leanne Lazarus. Source: Linkedin
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Heartland Group (HGH) appoints former Westpac Life chief executive Leanne Lazarus as its new banking arm CEO, with Chris Flood to take over as Deputy CEO of the group
  • Heartland says it expects Ms Lazarus to contribute to advancing its digitalisation strategy given her executive experience at Westpac and ANZ
  • The appointment is effective from August 1 and will see the bank’s current CEO, Chris Flood, transition to Deputy CEO of Heartland Group from November 1
  • Chris has been with Heartland for 25 years and in his new role will be responsible for growth across New Zealand and Australia
  • Company shares last traded at $2.02 on May 18

Financial services specialist Heartland Group (HGH) has appointed the former CEO of Westpac New Zealand’s insurance arm, Leanne Lazarus, as the CEO of Heartland Bank.

Subject to non-objection from the Reserve Bank of New Zealand, Ms Lazarus will take the reins at Heartland Bank on August 1.

Further to her role as CEO and Executive Director of Westpac New Zealand’s insurance entity, Westpac Life, Ms Lazarus has also held executive positives at ANZ Bank.

She brings to Heartland 30 years of experience in banking and financial services, and Heartland said it expected this experience in operations and technology to contribute to advancing its digitalisation strategy.

Following Leanne’s appointment, the bank’s current CEO, Chris Flood, will transition to Deputy CEO of Heartland Group from November 1.

Chris has been with Heartland for 25 years, serving as the bank’s CEO since 2019.

In his new role, Mr Flood will be responsible for growth across New Zealand and Australia, applying the bank’s growth model to the group’s Australian entities.

The new Deputy CEO will also lead further strategic initiatives across the group.

He joins CEO of Heartland Group Jeff Greenslade, who is responsible for the group’s activity across both Australia and New Zealand.

Company shares last traded at $2.02 on May 18.

HGH by the numbers
More From The Market Herald
Beam Communications (ASX:BCC) - CEO, Michael Capocchi

" Beam Communications (ASX:BCC) raises $5m for ZOLEO

Communications equipment company Beam Communications (ASX:BCC) has successfully completed its share placement and raised $5 million.

" Beam Communications (ASX:BCC) sees Autobarn becomes latest retailer for ZOLEO

Beam Communications (ASX:BCC) signs a retail partnership agreement with Bapcor’s (BAP) Autobarn.
Beam Communications (ASX:BCC) - CEO, Michael Capocchi

" Beam Communications (ASX:BCC) signs partnership with Leisure-Tech for ZOLEO

Beam Communications (ASX:BCC) has signed a partnership with Leisure-Tec Australia for the deployment of its ZOLEO…

" Beam Communications (ASX:BCC) launches ZOLEO in UK & Europe

Beam Communications' (ASX:BCC) joint venture entity ZOLEO has officially launched its solution in the UK, Denmark,…