Westpac NZ has appointed Omnicom Oceania's 'Goldilocks' bespoke agency model, built to support the bank’s next phase of brand transformation.
Westpac NZ chief marketing officer Sarah Williams said she’s excited about the partnership and what it will mean for the business and customers.
“The way New Zealanders think about their money is changing rapidly. Expectations are higher, competition is more intense, and brands are judged not just on what they say, but how consistently they show up,” Williams said.
“With that in mind, we needed more than a traditional agency partner. We wanted a team that integrates across our business - helping turn our brand into a genuine competitive advantage.
“Goldilocks is something we designed together, which means it was never going to be conventional.
“At the same time, the model gives us the vital ability to draw on specialist talent across insights and data, earned and owned media, technology, and production without the weight of a traditional structure.
“We’ve already been showing up differently for our customers over the last couple of years. Along with Goldilocks we’re looking forward to stepping up that work this year and beyond.”
The incumbent was Publicis, whose agencies Saatchi & Saatchi, Spark Foundry and Digitas NZ had worked with the client for four years.
Williams thanked Publicis for helping deliver excellent results over the past three years.
The Loom, an Omnicom Oceania creative consultancy, chief creative officer, Dan Wright, will work under the Goldilocks brand.
Wright said the model reflects a broader shift in how modern brands and agencies work together.
“Goldilocks is designed to remove the layers that often slow good work down," said Wright.
"Having spent years bridging consulting and creativity, I’ve seen how powerful it can be when strategy, brand and execution are connected end to end. By embedding the team alongside Westpac, decisions are faster, investment is clearer, and the work can evolve continuously rather than in campaign cycles.
“What’s powerful about the model is the clarity of purpose. The team has been built around Westpac’s ambition to move the brand forward, bringing together the right capabilities to support that transformation.
“This isn’t an agency servicing a client. It’s a team focused on building brand advantage over the long term.”
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