Hisco was ANZ Group managing director commercial for Australia, based in Melbourne, and has hada 30-year career with the bank, including managing director of its UDC finance unit in New Zealand from 1998 and 2000, the bank said in a statement today. His appointment is subject to regulatory approval.
"David is also a strong replacement for Jenny Fagg," said chairman Dryden Spring.
"We understand her treatment is progressing well and I know she's been buoyed by the support she's received from her friends and colleagues here in New Zealand."
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