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SBS Group appoints new chief executive

SBS Group appoints new chief executive

(20 June 2016 – New Zealand) SBS Bank chairman John Ward today announced Shaun Drylie had been appointed into the role.

He will be filling the role following the sudden passing of Wayne Evans in January.

"Shaun's extensive background across the New Zealand banking industry, innovative thinking and international experience are vital components in the mix and breadth of the skill base that he will contribute to the management of our business,” Ward said.

He has been working in the banking industry for over 30 years. His experience includes retail banking, business development and transformation of business services both in New Zealand and overseas.

Drylie has been part of the ASB Banking Group since 1994 and in 2014 moved to Vietnam to take up a banking growth and development role with Commonwealth Bank VIB (Vietnam) as head of operational excellence and as general manager of the capability exchange programme.

Speaking of his appointment, Drylie said: "SBS's values and vision for the future really connect with me. A bank that is in business for its customers rather than shareholders through its Member structure is a unique proposition and competitive advantage."

Drylie has a Masters of Management with Distinction in Banking Management through Massey University and is a Senior Fellow of the Australasian Institute of Banking. He moves back to New Zealand with his family mid-July to take up his new role at the beginning of August.

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