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ANZ appoints new Chief Investment Officer
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Lorraine Mapu to replace Mark Hiddleston in senior ANZ role
4 Feb 2021
Lorraine Mapu is to replace Mark Hiddleston as Managing Director Business at ANZ Bank New Zealand (ANZ NZ).
Lorraine Mapu is to replace Mark Hiddleston as Managing Director Business at ANZ Bank New Zealand (ANZ NZ).
Mr Hiddleston is leaving ANZ NZ at the end of March after five years on the bank’s New Zealand Leadership Team (NZLT) and 15 years in the organisation. He is leaving to take up other commercial and governance opportunities.
Ms Mapu has been ANZ NZ’s General Manager Business since September 2020 and was previously in the role of General Manager, Commercial & Agri.
ANZ NZ Chief Executive Antonia Watson paid tribute to Mr Hiddleston and welcomed Ms Mapu.
“Mark has been an outstanding executive and overseen the transformation of the commercial and agri businesses at ANZ NZ. Our strategy has been to help New Zealanders into homes and to start and grow their businesses and Mark has played a major role in that,” Ms Watson said.
“The successful sale of UDC Finance to Shinsei in 2019 was a highlight, as has been making ANZ NZ the most successful agri bank in the country. We’re sad to farewell him.”
She said Ms Mapu’s internal promotion was a reflection of the bench strength in the management team of the bank.
“Lorraine is highly regarded by her customers and the staff she works with and will bring detailed understanding of the business and agri sectors as well as big picture leadership skills to the top table.”
The appointment is subject to a non-objection by the RBNZ.
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ANZ NZ opens applications for Gov’t-backed business loans
ANZ NZ has today started taking applications for emergency Government-backed loans for eligible existing business customers financially impacted by Covid-19.
NZ Media Releases
ANZ to offer six-month mortgage loan deferrals
ANZ NZ today started taking applications for customers financially impacted by Covid-19 to defer mortgage repayments for six months.
NZ Media Releases
ANZ NZ services available during lockdown
ANZ New Zealand banking services will be available to customers during the next few weeks.
NZ Media Releases
ANZ NZ cuts 1 and 2-year fixed rates
ANZ NZ today announced cuts to its 1 and 2-year fixed home loan rates and term deposits.
NZ Media Releases
ANZ appoints Head of Sustainable Finance - New Zealand
NZ Media Releases
ANZ lowers rates to support businesses
ANZ NZ announced it would decrease Commercial, Business and Agri Floating term loan, Flexi and Overdraft base rates by 0.75% in line with yesterday’s RBNZ emergency cash rate cut.
NZ Media Releases
ANZ extends drought assistance package further
ANZ has extended its drought assistance package to include farmers affected by extreme dry weather in parts of the Waikato and South Auckland.
NZ Media Releases
ANZ NZ reduces variable home loan rates 0.75%
ANZ NZ today announced it will pass on the full 0.75% Official Cash Rate cut by the RBNZ to its Floating and Flexi home loans rates.
NZ Media Releases
ANZ Investments wins Morningstar’s NZ Fund Manager of the Year award
ANZ Investments is proud to have won the top award at the 2020 Morningstar Fund Manager of the Year awards.
NZ Media Releases
Further payments for loan calculator error
NZ Media Releases
Paul Goodwin appointed ANZ US Country Head
ANZ announces the appointment of Paul Goodwin as United States Country Head.
NZ Media Releases
Ben Kelleher named new NZ Retail & Business Banking MD
Ben Kelleher appointed MD, Retail & Business Banking for ANZ New Zealand Ltd.
NZ Media Releases
ANZ announces drought assistance package for Northland farmers
ANZ Bank provides an assistance package for Northland farmers affected by this summer’s extreme dry weather.
NZ Media Releases
Flood assistance package for Southland business customers
ANZ Bank today announced an assistance package for Southland business customers affected by extreme flooding in the area.
NZ Media Releases
ANZ waives Money Transfer fee to Australia to help with fire crisis
ANZ NZ removes International Money Transfer (IMT) fees to Australia to help New Zealanders wanting to donate to the Australian bushfires relief effort.
NZ Media Releases
RBNZ section 95 review
ANZ Bank New Zealand Limited (ANZ NZ) Board Chair Sir John Key today responded to the release of the Reserve Bank of New Zealand’s (RBNZ) Section 95 Review – effectiveness of ANZ NZ’s attestation and assurance framework.
NZ Media Releases
ANZ NZ removes international money transfer fee to Samoa
ANZ New Zealand customers can send money from New Zealand to Samoa for free using ANZ Internet Banking or ANZ goMoney, to help the flow of funds to communities impacted by the measles crisis.
NZ Media Releases
ANZ update on RBNZ capital requirements
ANZ has provided an update on the impacts of today’s release of the Reserve Bank of New Zealand’s (RBNZ) final capital requirements.
NZ Media Releases
ANZ donation to help fight measles in Samoa
ANZ today announced it would donate WST$100,000 (NZD56,000) to the National Emergency Operation Centre (NEOC) to help the fight against measles in Samoa.
NZ Media Releases
ANZ receives Living Wage accreditation
ANZ has become the second bank in New Zealand to receive the Living Wage Employer accreditation.
NZ Media Releases
ANZ honoured at global private banking awards
ANZ has won two awards at the PWM/The Banker Global Private Banking Awards in London.
NZ Media Releases
ANZ NZ reports 2019 full-year result
ANZ Bank New Zealand1 today reported a statutory2 net profit after tax (NPAT) of NZ$1,825 million for the 12 months to 30 September, 2019 – an 8% decrease on the 2018 financial year.
NZ Media Releases
ANZ finances trans-Pacific subsea internet cable
Southern Cross Cable Network (SCCN) is adding to its subsea offering and building a new, 13,000-kilometre, high-speed internet cable connecting Australia, New Zealand and the Pacific with the west coast of the United States.
NZ Media Releases
Operational Risk Capital non-compliance
During a review in April 2019, ANZ New Zealand discovered it wasn’t using an approved model for the calculation of its operational risk capital (ORC).
Once the mistake was discovered, ANZ New Zealand promptly escalated the matter to its Board and reported the issue to the Reserve Bank of New Zealand (RBNZ).
New Zealand
ANZ staff give back - ten years work volunteered in three months
Almost 10 working years* - that is the collective time ANZ staff have spent volunteering with New Zealand charities over the last three months.
NZ Media Releases
ANZ home loan rates further reduced after OCR cut
ANZ today announced it will lower the interest rates on its Floating and Flexible home loans by 0.10%, and reduce its leading fixed-term rates 0.06% to 0.14% following today’s Official Cash Rate cut.
NZ Media Releases
ANZ NZ reports steady half-year result
ANZ Bank New Zealand[1] today reported a statutory[2] net profit after taxation (NPAT) of NZ$929 million for the six months to 31 March 2019 – a 4% decrease on the corresponding half in the 2018 financial year.
New Zealand
ANZ wins Canstar 2019 Innovation Excellence Award for Home Insulation Top-Up
ANZ New Zealand won a Canstar 2019 Innovation Excellence Award for its Warmer Homes Insulation Loan initiative (since renamed Home Insulation Top-Up).
New Zealand
Perfume keeps war veteran’s memories alive
“As long as I’ve got the perfume on … he knows it’s me,” says Laurel Harper, wife of World War II soldier Neil Harper.
NZ Consumer
ANZ helps Kiwis into healthy homes
ANZ today announced a Healthy Home Loan Package to Kiwis who build or upgrade their houses to good sustainable standards.
NZ Media Releases
ANZ’s commitment to achieving a low carbon economy
As New Zealand’s largest bank, we acknowledge our role in helping to achieve an orderly and just transition to a low carbon economy. We believe the transition requires a ‘whole of economy’ approach with all sectors having a role to play.
NZ Consumer
ANZ leads $500m Housing NZ Sustainability Bond
Housing New Zealand (HNZ) has issued a $NZ500 million Sustainability Bond to help fund investment in new or upgraded sustainable social housing.
NZ Media Releases
Growth mindset for rural sector
Dairy prices remain strong, optimism creeping back into beef and sheep markets, record harvest for apples and kiwifruit expected and demand from key export partner China robust despite economic headwinds.
NZ Media Releases
Growing smarter; wine survey reveals profit, innovation and price on the up
The New Zealand wine industry continues to perform well on the back of profitability for wineries of all sizes, strengthening balance sheets and a healthy propensity for innovation.
Media
ANZ Staff Foundation reaches milestone
The ANZ Staff Foundation, started in 2000, has now donated more than $4.5 million to community projects across New Zealand.
New build lending hits four-year high
Growth in lending for new house builds is at a four-year high, outstripping growth for new loans for existing houses according to the latest figures released by ANZ, New Zealand’s largest home lender.
NZ Consumer
From term deposits to turtles – Jamie’s first 100 days of your questions
ANZ New Zealand’s digital assistant Jamie has been so successful in her first 100 days the bank is going to extend her pilot, increase her abilities and include the use of common
Te Reo Māori words in her vocabulary.
A journey back into Te Ao Māori
Eddie Mei wasn’t allowed to speak te reo at school. From a Māori family, he grew up with people around him speaking te reo but he found it difficult to understand and respond.
Media
Investment in innovation driving higher returns
Manufacturers who invest in innovation – which could be a new product, a new service, new data systems or technology, or a change in the way they run their business - can have significant productivity gains over those that don’t, according to new research by ANZ.
Media
Tauranga local shines for Matariki
“Matariki is a time for celebration. A time to re-evaluate how you’re going and reflect and see how far you've come and also a time to look forward and to celebrate,” said Tauranga local Lesleigh Ricardi as she describes what Matariki means to her and her family.
Media
Boom in KiwiSaver first home withdrawals
KiwiSaver is fast becoming an important part of the home buying mix with the number of ANZ KiwiSaver members making a first home withdrawal increasing almost five-fold over the past six years.
Farmers investing in the environment – ANZ survey shows
Farmers are pre-empting signalled changes to environmental regulations by investing in environmental initiatives now, an ANZ survey reveals.
NZ Media Releases
Booming tourism sector drives growth in hospitality
ANZ transactional data shows monthly consumer spending across the restaurant, cafe, bar and nightclub sector grew by 15% in the past two years.
Media
ANZ helps women confronting domestic violence establish financial independence
ANZ is working with Women’s Refuge to help women achieve financial independence and escape domestic violence.
Media
NZ’s largest ATM network now features Te Reo Māori
Users of New Zealand’s largest ATM network will from today be able to do their banking in Te Reo Māori.
Agri-tech investment – adopt or risk being left behind
Start investing in technology or face become less competitive – that is the message ANZ wants red meat farmers to take on board as technology advances provide new opportunities for the primary sector.
NZ Media Releases
ANZ reaffirms commitment to Samoa and Pacific
ANZ Regional Executive Pacific, Sarah Stubbings, has reaffirmed her commitment to Samoa and the Pacific region on her first visit to Apia.
Media
Is your KiwiSaver fund too conservative?
New Zealand’s largest KiwiSaver scheme provider has warned that hundreds of thousands of KiwiSaver members could be in the wrong type of fund for their age and risk profile.
NZ Community
The importance of diversity, inclusion & respect at work
For most of us a change in corporate wardrobe policy might simply mean we take a more considered approach next time we shop. But for one ANZ employee it inspired a radical life-changing decision.