Anthony Healy, BNZ's chief executive officer, has announced Mandy Rutherford, a former chief financial officer of Malaysia's AmBank, will be his bank's next CFO. Healy said BNZ's acting CFO, Peter MacGillivray, will stay in the acting role until Rutherford starts from 5 March 2018, "subject to Reserve Bank of New Zealand non-objection". Rutherford is currently general manager of wealth transition and separation at ANZ in Melbourne. She has held several other senior positions at ANZ in Australia, including CFO corporate and SME, general manager of deposits, head of savings and investments, and head of finance and strategy for products and marketing. Digital payments "continued their double-digit growth", up by 11.5 per cent over the year to June 2017 compared with 2016, the CEO of AusPayNet, Leila Fourie said. Fourie declared that "cash has lost its position as the dominant retail payment method, with cards now accounting for 52 per cent of payments. This strong preference for cards is reflected in an accelerated decline in ATM withdrawals." Credit Union SA announced at its AGM last week that current board director, Carolyn Mitchell, will become the new chair of South Australia's third largest credit union and will commence in the position on 1 December 2017. She will take over from Alexandrea Cannon, who is stepping down from the role after ten years, following the merger between the Satisfac and Powerstate Credit Unions in 2009. Mitchell is a commercial lawyer. She has been a director of the Credit Union since 2006 and is currently the chair of the Board's governance committee. ASIC has reported on the cyber resilience of over 100 stockbrokers, investment banks, market operators, post-trade infrastructure providers and credit rating agencies. Report 555 is designed to raise awareness of cyber risks, highlight existing good practices and areas for improvement, and assess the cyber preparedness of financial markets firms.  "Given the central role financial markets firms play in our economy, the cyber resilience of our regulated population is a key focus for [us]," said ASIC Commissioner Cathie Armour. She flagged insufficient investment in cyber resilience measures as "not just an IT issue but one that requires a whole-of-organisation."