Wairarapa Building Society chief executive Kim McCabe confirmed this week he had given his notice to the WBS Board with the intention of retiring.

McCabe said that after almost 33 years with WBS, he was looking forward to adjusting his work-life balance and pursuing his business interests.

McCabe said he had seen major changes in the banking industry during his time with WBS, including internet banking, regulatory reform – more than once – and most significantly a move away from face-to-face banking by the traditional trading banks.

WBS still believed in people-focused banking and was now eight times the size it was when he started with the institution in 1986, he said.

McCabe said he was proud to have served an entity that benefited both its customers, many of whom had become friends, and Wairarapa as a whole.

WBS is on track to report a record year.