Kiwibank Appoints New Chair, Ms. Susan Peterson

Strategic Insights -

Ms. Susan Peterson has been appointed as the new Chair of Kiwibank Limited, effective November 30, 2025. She succeeds Mr. Jon Hartley, who will step down after his current term ends on November 29, 2025. Ms. Peterson is a seasoned business leader with extensive experience in strategic leadership, business growth, and governance. She brings a wealth of knowledge in navigating complex regulatory and political environments, making her an ideal candidate to support Kiwibank's growth.

Key Takeaways:

  • Ms. Susan Peterson has been appointed as the new Chair of Kiwibank Limited, effective November 30, 2025.
  • Ms. Peterson succeeds Mr. Jon Hartley, who will step down after his current term ends on November 29, 2025.
  • Ms. Peterson has extensive experience in strategic leadership, business growth, and governance, with a strong background in chairing and directing multiple NZX and ASX listed and private companies.
  • Ms. Peterson is committed to supporting Kiwibank's growth and has expressed her confidence in the bank's ability to deliver great customer outcomes while offering world-class career opportunities to talented Kiwis.
  • Her experience overseeing major corporate transactions and navigating complex regulatory and political environments will be valuable assets to Kiwibank.
  • Ms. Peterson has also been a past director of ASB Bank Limited and served 9 years on the New Zealand Markets Disciplinary Tribunal.
  • Kevin Malloy has been reappointed as an Independent Director of Kiwibank for a further term of one year, effective from the current term expiry date of November 28, 2025.

Statistics:

  • Ms. Peterson will serve as Chair of Kiwibank for a term of three years, effective November 30, 2025.
  • Kiwibank has acquired significant growth and momentum under Mr. Hartley's leadership since November 2019.
  • Kiwibank's profits remain in New Zealand, benefiting every Kiwi when the bank is successful.

Sources:

  • Kiwi Group Capital Limited (KGC)
  • [Note: No specific source date or publication is mentioned in the original text]