Kiwibank appoints new CEO

Steve Jurkovich has replaced Mark Stephen as CEO of Kiwibank.

Kiwibank board chair Dr Susan Macken made the announcement in a press release, saying she is delighted that Jurkovich has taken on the role.

Jurkovich joins having recently left an executive general manager role at ASB where he focused on business banking and gained experience in corporate, commercial and rural sectors.

“Our recruitment process was a global one, focused on finding someone with the experience, skills and capability to lead Kiwibank in a highly regulated, increasingly digital and fast-changing world,” says Macken.

“Steve will be instrumental in ensuring Kiwibank is a sustainable and competitive bank that continues to meet the needs of the customers who are the company’s lifeblood, and whose clear preference for digital interaction with us is guiding the changes we are making.”

On his appointment, Jurkovich says he wants to continue to reflect New Zealand’s increasing diversity and ambitions.

“Kiwibank has an incredible brand that resonates with all New Zealanders and it’s a real privilege to be asked to guard and increase the reach of that brand,” says Jurkovich.

“If we look at the revelations from Australia’s royal commission into financial services, we see a disappointingly low public perception of financial services there. But on this side of the Tasman, New Zealanders should be pleased we have a higher level of scrutiny on our banking practices, and arguable a healthier industry culture too.”

Jurkovich will take up his role on the 30th July, and will be based in Kiwibank’s head office in Wellington.