ANZ says ex-New Zealand PM John Key to retire from its boards (updated)

Fisher & Paykel Healthcare

26/02/2024 21:19

(Updates with detail on appointments)
       Feb 27 (Reuters) - Australian bank ANZ Group Holdings
 ANZ.AX  said on Tuesday that former New Zealand Prime Minister
John Key will retire from all its boards in mid-March after
being with the lender for about six years in various capacities.
    Key, who was New Zealand's prime minister for about eight
years till late 2016, was appointed chair of ANZ Bank New
Zealand in January 2018. He joined the ANZ Group as an
independent, non-executive director a month later.
    Scott St John will replace Key as chair of ANZ Bank New
Zealand effective March 14 and will join the ANZ Group board
effective March 25.
        St John is currently chair of electricity generator 
    Mercury NZ Ltd  MCY.NZ  and Fisher & Paykel Healthcare Corp
 FPH.NZ . He will step down from the board of dairy giant
Fonterra  FCG.NZ  as independent director in late March.

 (Reporting by Sameer Manekar in Bengaluru; Editing by Pooja
Desai)
 ((Sameer.Manekar@thomsonreuters.com; Twitter: https://twitter.com/sameer_manekar))