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New ASB boss appointed

Commonwealth Bank of Australia group marketing & strategy executive Vittoria Shortt will be ASB’s new chief executive, it was announced today.

Friday, December 15th 2017, 2:15PM

ASB chairman Gavin Walker says Shortt will take over the role from former CEO Barbara Chapman, who retired in October, in early February 2018.

New Zealand-born Shortt has worked for CBA, ASB’s parent bank, in Australia since 2002.

In that time she has filled the roles of chief marketing officer, chief executive retail for BankWest, and executive general manager direct channels and operations retail.

A graduate of Waikato University, Shortt began her career in New Zealand, working in roles for Deloitte and Carter Holt Harvey.

Walker says the Board conducted an extensive search to identify the person most capable of leading ASB and building on the considerable momentum have achieved under Chapman’s leadership.

“Vittoria is an accomplished, values-driven leader with an outstanding record of profitably growing businesses, delivering innovative solutions and managing complex business units.

“As a New Zealander, she has a great understanding of ASB’s unique heritage and culture and there is no doubt that she will be approaching her new role with the necessary drive and passion to continue building the bank for the next generation.”

Shortt says that with a highly talented and diverse team of people, and a culture that combines performance excellence with a robust set of shared values, ASB is well positioned to build on its impressive growth story.

“I am very excited to be returning home with my family and to be leading ASB as it continues to transform, innovate and accelerate the pace of change across the business.

“I also wish to extend my personal thanks to Barbara for all she has achieved during her tenure. Without her leadership, ASB would not be so strongly positioned to address the challenges and opportunities ahead of us.”

 

Tags: ASB

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Lender Flt 1yr 2yr 3yr
AIA 4.55 3.19 3.19 3.49
AIA Special - 2.69 2.69 2.99
ANZ 4.44 3.15 3.25 ▼3.39
ANZ Special - ▼2.55 ▼2.69 ▼2.79
ASB Bank 4.45 3.19 3.19 3.49
ASB Bank Special - 2.69 2.69 2.99
Bluestone ▼3.49 ▼3.49 ▼3.49 ▼3.49
BNZ - Classic - ▼2.55 2.69 2.99
BNZ - Mortgage One 5.15 - - -
BNZ - Rapid Repay 4.60 - - -
BNZ - Std, FlyBuys 4.55 3.25 3.29 3.59
Lender Flt 1yr 2yr 3yr
BNZ - TotalMoney 4.55 - - -
China Construction Bank 4.49 4.70 4.80 4.95
China Construction Bank Special - 2.65 2.65 2.80
Credit Union Auckland 5.45 - - -
Credit Union Baywide 5.65 4.75 4.75 -
Credit Union South 5.65 4.75 4.75 -
First Credit Union Special 5.85 3.35 3.85 -
Heartland 3.95 2.89 2.97 3.39
Heartland Bank - Online - - - -
Heretaunga Building Society 4.99 4.35 4.45 -
HSBC Premier 4.49 2.60 2.65 2.80
Lender Flt 1yr 2yr 3yr
HSBC Premier LVR > 80% - - - -
HSBC Special - - - -
ICBC 3.99 2.58 2.68 2.79
Kainga Ora 4.43 3.29 3.39 3.85
Kiwibank 3.40 3.40 3.54 4.00
Kiwibank - Capped - - - -
Kiwibank - Offset - - - -
Kiwibank Special 3.40 2.65 2.79 3.25
Liberty 5.69 - - -
Nelson Building Society 4.95 3.45 3.49 -
Pepper Essential 4.79 - - -
Lender Flt 1yr 2yr 3yr
Resimac 3.49 3.45 3.39 3.69
SBS Bank 4.54 3.29 3.19 3.49
SBS Bank Special - 2.79 2.69 2.99
The Co-operative Bank - Owner Occ 4.40 ▼2.69 ▼2.75 ▼2.99
The Co-operative Bank - Standard 4.40 ▼3.19 ▼3.25 ▼3.49
TSB Bank 5.34 ▼3.35 3.49 3.79
TSB Special 4.54 ▼2.55 2.69 2.99
Wairarapa Building Society 4.99 3.75 3.99 -
Westpac 4.59 4.15 4.09 4.49
Westpac - Offset 4.59 - - -
Westpac Special - ▼2.55 2.69 2.79
Median 4.55 3.19 3.22 3.39

Last updated: 13 July 2020 7:38am

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