The man who has been at the helm of Wairarapa Building Society (WBS) for the past 20 years has signalled he will retire next April.
Alex Tulloch said his decision followed a strong set of financial results for the year to March 31 and was "part of orderly succession planning
for WBS at managerial level".
His likely successor has not been named, with WBS chairman Don Dobson saying the board would "work over the next few months to identify, and appoint, a suitable replacement".
Mr Tulloch is a former Wellington investment banker who came to Wairarapa in 1992 to become WBS general manager.
In his time with WBS, he has overseen steady growth in investments and loans while retaining the society's independence and fully-local status.