CHAIRMAN TO RESIGN
BANK OF NEW ZEALAND (Special) WELLINGTON, June 15. “I have been a director for 10 years, and chairman for eight years, and I have had a long term of office,” said Mr A. T. Donnelly, at the annual meeting of shareholders of the Bank of New Zealand today. “It has been a time of anxiety and responsibility. The work of the bank and national work which came to me because of my position on the bank, which I felt I ought to do, have during the years of the war taken up a substantial part of my time. I think I now should be able tp go back to my own business. Moreover, it is better that those in charge of the bank when it is taken over by the State should be convinced of the need for the change and should be confident of its success. I have therefore informed the Government that I should like to be relieved of my appointment when the bank is taken over. In any event, my term expires on March 31, 1946.”
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Southland Times, Issue 25700, 16 June 1945, Page 4
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182CHAIRMAN TO RESIGN Southland Times, Issue 25700, 16 June 1945, Page 4
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