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Carter makes way for St John on ANZ NZ board

23 Jun, 11:07am by Matthew Martin

Tony Carter is set to retire from the board of ANZ NZ and will be replaced by a former share broker and experienced company director in August.

Carter has been on the board of New Zealand's largest bank for almost 10 years and will be replaced by Scott St John, subject to a non-objection from the Reserve Bank of New Zealand.

St John brings a wealth of experience to the board.

He was chief executive of First New Zealand Capital, now Jarden, for 15 years when he resigned in 2016 to move into company directorships.

St John is the current chairperson of Fisher & Paykel Healthcare and is also a director of Fonterra and Mercury Energy.

He was Chancellor of the University of Auckland from 2017 to June 2021 and has been a member of the University Council since 2009.

Previously, St John was a member of the Capital Markets Development Taskforce, the Financial Markets Authority Establishment Board and the Security Industry Association, which he chaired.

St John will join ANZ NZ chairperson Sir John Key, Alison Gerry, Mark Verbiest, Joan Withers, ANZ Group chief executive Shayne Elliott, ANZ Group executive digital and Australia transformation Maile Carnegie, and ANZ NZ chief executive Antonia Watson on the board.

Financial Planning