“When I look back at what we’ve achieved, I’m most proud of how deeply our purpose has become part of ASBers’ work every day to help improve customers’ financial wellbeing, support our communities and back the New Zealand economy,” Shortt said.
“I’m looking forward to some travel, starting with a roadie around New Zealand, and spending more time with my family. I want to take some time to consider my next move professionally.”
ASB chair Dame Therese Walsh said Shortt had had a significant impact on the bank.
“I’d like to acknowledge Vittoria’s incredible work and dedication as CEO, and before that as a member of the ASB Board,” Walsh said.
“As CEO, Vittoria has led ASB through a period of significant change and challenge for all Kiwi, and for the banking industry; from Covid-19 to a global explosion in fraud and scams, the rapid rise of AI, a market study and Select Committee inquiry.
“Against this backdrop, ASB has continued to adapt, perform strongly and lay solid foundations for the future.
“Under Vittoria’s direction, ASB has continued to focus relentlessly on our customers and our purpose to accelerate progress for all New Zealanders.”
Her replacement, Taylor, brings extensive banking, operational and commercial experience to the role.
Born in Glasgow, Scotland, Taylor lived for a number of years in New Zealand after moving to Rotorua at the age of 9.
“Sinead has broad experience and an impressive track record and reputation for creating impact, executing ambitious strategies and leading with purpose,” Walsh said.
“She has led large teams, implemented complex transformation at scale, strengthened risk management and delivered better outcomes for customers. That combination of customer focus, operational discipline and execution makes her well placed to lead ASB through its next phase.”
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