New Year and new starters for Kiwibank Executive Committee

Monday, 14 January 2019, 3:22 pm
Press Release: Kiwibank

JANUARY 14, 2019

Today Mike Hendriksen joined
Kiwibank as its as Chief Legal Officer and next week Elliot
Smith begins as its new Chief Strategy and Innovation
Officer.

Kiwibank’s CEO Steve Jurkovich said he was
looking forward to the leadership experience the pair would
bring to the New Zealand-owned bank’s executive committee.

“Mike Hendriksen is a highly qualified barrister
and solicitor who has specialised in financial services for
many years. He’s made the great decision to leave an
Aussie-owned bank and join the local team,” Mr Jurkovich
said.

“In particular, Mike will bring in-depth
knowledge of regulatory issues. He’s been deeply involved
in the response to the findings of the Australian Royal
Commission that sparked both the FMA and RBNZ’s review of
banking conduct and culture. Mike will be instrumental in
helping Kiwibank consider our own changes – both in
response to the changing expectations of our stakeholders,
and for our own local regulators, who understandably want to
see evidence of great customer outcomes.

“Elliot’s
background is in relationship banking, corporate finance,
and product and business model transformation. Kiwibank is
at an exciting and critical point. The financial industry is
facing disruption and Elliot has an excellent understanding
of how to make the most of those opportunities, from the
perspective of the customer, our bankers and the
implications on the Kiwibank strategy.

“Both
Elliot and Mike bring a wide range of skills and experience
that make them ideal for Kiwibank’s next phase of growth,
which will see us have much bigger impact on the New Zealand
banking markets.

“To support this growth phase,
Kiwibank needs the best of both worlds – significant
external talent like Mike and Elliot joining the team, and
the development of our own internal talent. Luckily, we’re
attracting the former and we have the latter in spades,”
Mr Jurkovich said.

Mike Hendriksen starts with
Kiwibank on Monday 14 January and Elliot Smith starts on 21
January. Both will be based at Kiwibank’s Auckland
office.

ends

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