Heritage Bank CEO John Minz retires

Retiring CEO Mr John Minz will spend his last day at Heritage Bank today.

He steps down from the role after 23 years at Heritage Bank, including the last 12 as CEO.

Mr Minz said he left Heritage vastly enriched as a person, and a better man for the opportunities and life experiences that the role provided.

“I’m incredibly proud that I’ve been part of this wonderful organisation. I cannot consider a better way to bring a career to a close – doing what I love with other people who make a real difference in the lives of our customers,” Mr Minz said.

“I look back with enormous satisfaction at the culture we have created and the way this organisation has evolved.

“Heritage is the perfect example of what’s so great about the customer-owned banking model. Every day our staff focus purely and simply on helping our customers fulfil their financial dreams.

“I have been privileged to lead an organisation that’s big enough to matter but small enough to care.”

Mr Minz joined Heritage in 1993, initially as Head of Internal Audit. After fulfilling a number of managerial roles, he became Deputy CEO in 2002 and was then appointed CEO in 2003.

In March this year, Mr Minz announced his intention to step down as CEO role at the end of his contract. His last day today will be spent at the monthly Heritage Board meeting.

Heritage Chaiman Mr Kerry Betros today paid tribute to the contribution Mr Minz has made to Heritage

“John Minz has been an absolutely outstanding CEO for Heritage,” Mr Betros said.

“He has led Heritage through a period of sustained growth and modernisation, with a sharp eye on the best interests of customers and staff, while also broadening the range of products and services available to customers.

“He has done this with the greatest integrity and professionalism, and instilled a culture of engagement and service excellence among our staff.

“The Board wishes John and Lisa all the very best in their retirement.”

In retirement, Mr Minz will look for non-executive opportunities to support his current charitable and community interests, including his positions on the Boards of Australia’s CEO Challenge and Downlands College, and the Darling Downs West Moreton Primary Health Network.

New CEO Mr Peter Lock will take up his new role next Monday (23 November).


* Based on a $150,000 loan over 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.