Lorraine Mapu will replace Mark Hiddleston in senior ANZ NZ role.
Lorraine Mapu is to replace Mark Hiddleston as managing director business at ANZ Bank New Zealand (ANZ NZ).
Hiddleston is leaving ANZ NZ at the end of March after five years on the bank’s New Zealand leadership team and 15 years in the organisation. He is leaving to take up other commercial and governance opportunities.
Mapu has been ANZ NZ’s general manager business since September 2020 and was previously in the role of general manager, commercial and agri.
ANZ NZ chief executive Antonia Watson paid tribute to Hiddleston: “Mark has been an outstanding executive and overseen the transformation of the commercial and agri businesses at ANZ NZ.”
Watson welcomed Mapu, saying the internal promotion was a reflection of the bench strength in the management team of the bank.
“Lorraine is highly regarded by her customers and the staff she works with and will bring detailed understanding of the business and agri sectors as well as big-picture leadership skills to the top table.”
The appointment is subject to a non-objection by the RBNZ.
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