Could BNZ chief executive Angela Mentis be heading back over the ditch to lead its parent National Australia Bank? Photo/Supplied.
Bank of New Zealand chief executive Angela Mentis is being touted as a possible contender for the top job at its parent National Australia Bank.
Mentis took over as CEO of the BNZ in January last year, switching positions with the then CEO Anthony Healy, who was sent back to
NAB to head up its business banking division.
Mentis is understood to be one of four potential contenders for the top job alongside Healy.
William Curtayne, a Sydney-based portfolio manager with Kiwi firm Milford Asset Management, said the major Australian banks had long-used their New Zealand arms as a training ground for future chief executives and Mentis and Healy were possibilities.
Andrew Thorburn, who leaves at the end of this month after falling on his sword in the wake of heavy criticism in Kenneth Hayne's Royal Commission report, was previously BNZ CEO from October 2008 to June 2014 before moving into the top job.
