New Director appointed - ASB Bank Limited

ASB is pleased to announce that Dr Roderick Carr has been appointed as a director of ASB Bank Limited effective today.

Dr Carr has been Vice-Chancellor at the University of Canterbury since February 2009 and is due to retire from that position in January 2019. Previously, Rod was Managing Director of Jade Software Corporation Ltd and had a distinguished career in the banking sector, which included roles as Acting Governor of the Reserve Bank and Chair of the Board of the Reserve Bank.

Dr Carr holds a PhD in Insurance and Risk Management and an MA in Applied Economics and Managerial Science from The Wharton School, University of Pennsylvania; an MBA in Money and Financial Markets from Columbia University, New York; and undergraduate honours degrees in law and in economics from the University of Otago.

ASB chairman Gavin Walker says Rod is a highly respected executive with broad management, academic and governance skills in the private and public sectors. "We are delighted to welcome Rod to the board," Mr Walker says. "He brings skills and experience that will be of immense benefit to ASB."

Rod joins managing director Vittoria Shortt, chairman Gavin Walker, and existing non-executive directors Dame Therese Walsh, Simon Blair, Michael Coomer, and Susan Peterson on the ASB board.