He's served as a bank board member for 15 years, and was Chair for nine.

Finance Minister Nicola Willis hass thanked him for his contribution.

Deputy Chair Rodger Finlay will step in until a new appointment is made.

>> More Business News

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28 Aug: Celebration from the alcohol industry body, as the Government proposes major changes

28 Aug: The number of retail property vacancies in the heart of Auckland is the highest in the country

28 Aug: Huge strata special levy at Darwin apartment complex leaves owners in financial difficulty

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