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ASB appoints new senior executive to lead its retail business

ASB has appointed Russell Jones to the role of Executive General Manager Retail Banking, on the Bank’s executive leadership team.

Mr Jones is currently ASB’s Executive General Manager Technology and Innovation. He has been with ASB since 2008, and his responsibilities have included technology, innovation, operations, payments, digital banking and, more recently, the data management office.

The appointment brings responsibility for retail and digital banking together, and is effective February 1, 2017.

Mr Jones will replace ASB Executive General Manager Retail and Business Banking Ian Park, who is stepping down after 30 years with ASB, and leaves the Bank early in the New Year.

Mr Jones held senior positions at International Paper and Carter Holt Harvey before moving to ASB. He is a director of Paymark, Payments NZ and healthAlliance.

ASB Chief Executive Barbara Chapman says Mr Jones was a strong internal candidate for the role with extensive knowledge of the Bank and broad experience in technology and innovation.

“The addition of digital banking into Russell’s technology portfolio has been a stand-out success,” Ms Chapman says. “ASB is now an acknowledged global banking leader in our digital sales growth and optimisation.

“The decision to combine retail and digital will help keep ASB one step ahead of the evolution our business and industry will continue to go through in the years ahead.”

A search is now underway to appoint a new Executive General Manager Technology, Innovation and Payments within ASB’s executive leadership team.

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