ASB Bank Limited - Senior Manager Changes

Summary by AI BETAClose X

ASB Bank Limited announced changes to its Executive Leadership Team on October 8, 2025. Chief Financial Officer Carl Ferguson will depart on November 10, 2025, after 13 years with ASB, to become Group Chief Internal Auditor at Commonwealth Bank of Australia. Andrew MacVicar, currently CFO Operations at Commonwealth Bank of Australia, will assume the role of ASB's new CFO, effective the same date, pending regulatory approval. Furthermore, Chief Operating Officer Amie Nilsson will be leaving ASB on December 19, 2025, after eight years of service, and a search for her replacement will commence.

Disclaimer*

ASB Bank Limited
08 October 2025
 

ASB Bank Limited

8 October 2025

 ASB announces changes to its Executive Leadership Team

After 13 years with ASB Bank Limited (ASB), Chief Financial Officer (CFO) Carl Ferguson will be leaving the bank to take up the position of Group Chief Internal Auditor at Commonwealth Bank of Australia effective 10 November 2025, subject to regulatory requirements.

Andrew MacVicar, currently CFO Operations at Commonwealth Bank of Australia, has been appointed as ASB's new CFO effective 10 November 2025, subject to completion of regulatory requirements including Reserve Bank of New Zealand non-objection.

Chief Operating Officer Amie Nilsson will be leaving ASB on 19 December 2025 after eight years with the bank. A search will be undertaken for Ms Nilsson's replacement.

ASB CEO Vittoria Shortt thanked Mr Ferguson and Ms Nilsson for their contribution to ASB saying "Carl and Amie have both been highly valued members of our Executive Leadership Team and I'm grateful for the impact they have made during their time with us. I wish them well for their futures."

END 

For further information, please contact:

Ben Steed, HO Corporate & Governance, ASB Bank Limited
asbsecretariat@asb.co.nz

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 

Companies

ASB FINANCE LIMITED (87UO)
UK 100
FTSE quotes by TradingView

Latest directors dealings

All directors dealings today