Executive Management

Paul Hutchinson | Chief Executive Officer

Mr Hutchinson joined Rural Bank as Chief Executive in October 2006. Before joining Rural Bank he was Chief Operating Officer, Customer Solutions with New Zealand Post Limited responsible for the sales and distribution capabilities of the group. Mr Hutchinson brings strong and diverse management and financial services credentials acquired through nearly 20 years experience in the Australian and New Zealand banking industry, including senior appointments with Westpac Banking Corporation, National Australia Bank and Bank of New Zealand. Mr Hutchinson is a member of the Rural Bank Board in addition to being a member of the Bank’s Risk, Audit and Credit Committees. Mr Hutchinson has attended the New Zealand Bankers Institute (in association with Victoria University, Wellington) Bankers Course and is a graduate of Harvard Business School Executive Management programme.

Steven Laidlaw | Chief Financial Officer

Mr Laidlaw joined Rural Bank as Chief Financial Officer and Company Secretary in May 2006. Before joining Rural Bank he was the General Manager, Finance at Skycity Entertainment Group. Previous positions also include General Manager, Finance at a major diversified, agriculturally focused corporation and he was also in a senior finance role at Elders Limited in the mid-90s. Mr Laidlaw's experience includes working in the areas of grain trading, rural finance, strategic due diligence, capital allocation, investment valuation, cash flow management and statutory reporting. He has degrees in economics and commerce and has completed the Advanced Management Program at Harvard Business School. Mr Laidlaw is a member of the Institute of Chartered Accountants in Australia and a fellow of the Australian Institute of Company Directors.

Peter Corolis | General Manager, Operations

Mr Corolis commenced with Rural Bank in August 2005 in the role of General Manager, Risk bringing significant experience in risk management and compliance, organisational design and change management. In his current role Mr Corolis is responsible for the Operations and Information Systems of Rural Bank. Prior to joining the bank he was the State Manager for the South Australian Office of the Australian Prudential Regulation Authority. Mr Corolis is a Graduate of the Harvard Business School Executive Management program. He has a Bachelor of Commerce Degree and a Graduate Diploma in Applied Finance and Investments. He is a Fellow of the Financial Services Institute of Australia.

Taso Corolis | General Manager, Risk Management

Mr Corolis joined Rural Bank in May 2008. He has extensive experience in the financial services industry having spent ten years with the Australian Prudential Regulation Authority (APRA) in various senior roles, where he gained significant experience in risk management, strategy, governance and compliance. Mr Corolis also worked in APRA's Basel II team with responsibility for policy development, industry liaison and quantitative analysis. In 2004, Mr Corolis was engaged as a technical expert by the International Monetary Fund (IMF) to provide assistance on an economic mission in Mexico City. Taso holds a Bachelor of Commerce, a Bachelor of Economics and a Graduate Diploma in Investments and Finance. He is also a member of FINSIA.

John Marshall | General Manager, Customer and Channel Management

Mr Marshall joined Rural Bank in July 2010. He has extensive experience in customer relationship management, sales management, distribution strategy and strategic marketing, His experience is drawn from over 10 years in the banking industry, where he held a number of senior positions with Westpac Banking Corporation; and more recently, 5 years in the communications industry, where he was responsible for sales and marketing to the premium client group of New Zealand Post Ltd. John holds Bachelor of Arts (Economics) from Exeter University in the UK.

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