Kiwibank welcomes new Treasurer


Kiwibank has appointed Tim Main as its new Treasurer.

Main was previously Treasurer of BNZ and has also held the role of Australian Region Treasurer and Head of Balance Sheet Management for National Australia Bank as well as Treasurer and Chief Economist of ANZ NZ.

Kiwibank’s Acting Chief Executive Mark Stephen said he was looking forward to Main sharing his extensive knowledge and experience with the team at Kiwibank.

“Tim has a proven track record. He has a massive amount of experience and brings a new perspective to the role at Kiwibank. We are looking forward to Tim’s leadership as we continue to mature and challenge the status quo."

Main says: “After a period of time working as Advisor to the CFO at BNZ, I’m very excited to be returning to a fulltime Treasurer role."

“I like that Kiwibank has a large, loyal customer and deposit funding base. This creates a strong balance sheet and means that we have real control over our destiny. My success will be measured in the way that Kiwibank can grow sustainably into the future,” he said.

Main starts with Kiwibank on 18 July and will be based in Auckland. He takes over the role from Richard Schofield who is retiring having been with Kiwibank since its inception more than 16 years ago.

Tim Main - career history

May 2015-2018: Senior Advisor to CFO, Bank of New Zealand

Oct 2010 - May 2014: Treasurer Bank of New Zealand

Nov 2005-Oct 2010: Australian Region Treasurer & Head of Balance Sheet Management, National Australia Bank

Dec 2004-Nov 2005: Treasurer Bank of New Zealand

June-Nov 2004: Head of Balance Sheet Strategy & Pricing, ANZ National Bank Limited

1996 to June 2004: Treasurer ANZ NZ

1990 to 1996: Treasury and Chief Economist, ANZ NZ

1988 to 1990: Economist, ANZ McCaughan (NZ) Limited

1985 to 1988: Reserve Bank of New Zealand: Research Officer/Money Market Dealer

1982 to 1984: NZ Ministry of Transport: Assistant Economist

Bachelor of Arts (Hons) in Economics (1983); Bachelor of Commerce and Administration in Finance (1994), Victoria University of Wellington.

Media enquiries contact: Kiwibank External Communications Manager - 027 475 3521