Heartland Group Names Endorsed Leadership Team for Proposed Merged TSB Heartland Bank

MT Newswires Live10-22

Heartland Group Holdings (ASX:HGH, NZE:HGH) provided an update on endorsed leadership positions for the group and the proposed merged bank, TSB Heartland Bank, according to a Thursday Australia and New Zealand bourse filing.

The company said the endorsed team, intended to report to TSB Heartland Bank Chief Executive designate Leanne Lazarus, includes Kerry Conway as chief financial officer designate, Molly Auva'a-O'Brien as chief operating officer designate, and Andy Wood as chief risk officer designate.

Conway is currently chief financial officer of Heartland Bank, Auva'a-O'Brien is general manager of operational excellence at TSB, and Wood is chief risk officer of Heartland Bank, the filing added.

The endorsements remain subject to completion of Heartland Group's proposal to acquire all TSB Bank shares from Toi Foundation and subsequently merge Heartland Bank and TSB, it said.

On completion, Heartland Group will establish a new group chief legal officer role, to which Phoebe Gibbons, currently chief legal officer of Heartland Bank, will be appointed, the filing said.

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