Click here to read Rabobank's latest report on international dairy markets: Dairy’s corona hangover.
He succeeds Sir Henry van der Heyden, who stood down from the board due to regulatory changes.
Borland has been a Rabobank New Zealand director since 2016 and is the managing director of agribusiness company Scales Group.
In other changes to Rabobank NZ board, Brent Goldsack has been appointed as a new, independent director, with current directors Jillian Segal and Peter Knoblanche leave the board.
All these changes take effect on April 1, 2020.