The Toowoomba-based lender will start advertising the new vacant position on 17 April, with the end of May as the deadline for applications.
Minz, 57, decided to step down after his contract concludes. He joined Heritage in 1993 as head of Internal Audit.
In less than 10 years, he was named Deputy CEO. Minz was declared CEO in 2003.
“I’m incredibly proud of what the Heritage team has achieved during my 12 years as CEO. I have been honoured to lead such a great organisation,”Minz said.
“I look back with enormous satisfaction at the culture we have created and the way this organisation has evolved. Despite the GFC and a prolonged period of strong competition, we have grown to be Australia’s largest mutual bank.”
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