Angela Mentis appointed to BNZ Board

Ms Angela Mentis has been appointed as a non-executive director of BNZ, effective 19 December 2016.

Chairman Doug McKay said he was delighted to make the announcement on behalf of the BNZ Board.

“Angela has a strong combination of strategic ability with a sharp focus on the needs of the customer, which will be of huge benefit to the bank’s governance,” said Mr McKay

Ms Mentis has been a member of the NAB Executive Leadership Team since August 2014 and is currently Chief Customer Officer – Business and Private. She has extensive business, retail and investment banking and wealth management experience spanning more than 27 years.

“I’m delighted to join the BNZ Board at such an interesting period in the industry. How we interact with our customers – be they business or personal – continues to rapidly evolve in line with changing customer expectations” said Ms Mentis. “I look forward to leveraging my experience for the benefit of BNZ and its customers.”

BNZ Private Bank raising the bar amid quest for yield

BNZ Private Bank has again been globally recognised as the ‘Best Private Bank in New Zealand’ at The Banker/PWM Global Private Banking Awards 2016. This marks the fourth international accolade in as many years.

Donna Nicolof, head of wealth and private bank at BNZ said winning the award again was hugely rewarding given that the bar is raised every year.

“Our continued success shows that our commitment to putting our customers first has been a winning formula. However, we have high expectations of ourselves and continue to challenge our thinking and innovate to lift performance every year” Donna said.

“In the current low interest rate environment our clients are seeking yield and looking for a range of investments that can deliver both diversification and excess return.

“As an investment-led Private Bank, we are well placed to deliver to these needs.

“I’m really proud of our team stepping up and what we’ve been able to achieve together. Not only are we globally recognised as the best Private Bank in New Zealand, we have the best people in the business who all contribute to our success.

“We know that ‘better never stops’ and we will stay focused on bringing more capability and expertise to help our clients manage, grow and protect their wealth,” Donna said.

Bank of New Zealand Private Bank provides a highly customised and personalised service for individuals, family trusts and institutions looking for tailored investment advice, finance, risk protection and everyday banking services.

The Banker/PWM global awards place huge scrutiny on entrants, who are judged by a panel of 15 industry experts from all corners of the world including Europe, Asia, North America and the Middle East.