Heritage Building Society has appointed a new chief operating officer in a bid to boost its competitive position within the industry.
John Williams, a member of Heritage’s existing senior management team, will fill the newly created role.
Heritage chief executive officer John Minz said the appointment had been accompanied by a slight restructure of reporting lines and responsibilities at the senior management level.
"Establishing the COO position will enable us to create a better management focus on many of the day-to-day operational elements of the business,” Mr Minz said.
“Establishing this new position has also required us to shift responsibilities for some activities to achieve better alignment with the demands we face in our current operating environment.
Mr Minz also said the new role would help free up his capacity as CEO to focus on higher-level strategic issues.
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