Wayne Evans has been appointed as the new chief executive of SBS Bank.
Evans, replaces Ross Smith who is retiring on July 31 after 22 years in the role.
SBS chairman John Ward, in a statement, said Evans impressed with his wide ranging industry experience, strategic insight and leadership capability.
"The financial services industry is evolving at a rapid pace, placing opportunities and challenges in front of us. Wayne's proven financial services background in retail networks, IT, and marketing will enable SBS to continue to be strategically positioned within the banking sector," Ward said.
Evans said: "Our priorities will remain focused on enhancing the experience and benefits that our members receive. Expanding our investment in IT, our channels and product development will be critical. Importantly, we have a very talented and passionate team already delivering industry best practices to our member owned bank."
Evans attended Southland Boys' High before going on to complete a University of Otago Bachelor of Commerce (Accounting) and a Massey University post graduate diploma in psychology.
He held senior banking and finance industry roles in Wellington and Auckland before returning to Invercargill to establish Finance Now Limited, the $120M consumer finance subsidiary of SBS Bank.