REG - ASB Bank Limited - ASB Bank Limited - Senior Manager Changes

Commonwealth Bank of AustraliaAnnouncement

08/10/2025 08:00

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RNS Number : 5322C  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

 

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