Bendigo and Adelaide Bank Appoints Marnie Baker as Next MD

Bendigo and Adelaide Bank Limited has appointed Marnie Baker as Managing Director. She will assume the role from Mike Hirst on 2 July 2018.

Ms Baker joined the Bank in 1989 and has a depth of experience in leadership roles across most areas of the Group – including treasury, capital markets, technology and payments systems, digital strategy, retail banking and funds management.

This has included leading the Bank’s entry into the New Payments Platform and digital banking. She has been a member of the executive team for nearly two decades, most recently as the Bank’s Chief Customer Officer.

Chairman Robert Johanson said Ms Baker’s appointment would enable the Bank to build on its position as Australia’s most trusted bank.

“Marnie has been instrumental in driving the successful delivery of our customer-connected strategy which has delivered significant commercial and reputational value for the business.”

Mr Johanson praised Mr Hirst’s “exceptional contribution” over more than 15 years with the Bank, including the past nine years as Managing Director.

“Mike was appointed in 2009, amidst the depths of the global financial crisis, and not long after the merger with Adelaide Bank”, he said.

“He has been an outstanding leader and leaves the Bank in great shape. Mike has helped build a business that is now the fifth biggest retail bank in Australia – one that is stronglyfunded, well capitalised, and with a Net Promoter Score that leads the way among Australian banks”.


Disclaimer

The advice given by Kalkine Pty Ltd and provided on this website is general information only and it does not take into account your investment objectives, financial situation or needs. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. Kalkine.com.au and associated websites are published by Kalkine Pty Ltd ABN 34 154 808 312 (Australian Financial Services License Number 425376). The information on this website has been prepared from a wide variety of sources, which Kalkine Pty Ltd, to the best of its knowledge and belief, considers accurate. You should make your own enquiries about any investments and we strongly suggest you seek advice before acting upon any recommendation. Kalkine Pty Ltd has made every effort to ensure the reliability of information contained in its newsletters and websites. All information represents our views at the date of publication and may change without notice. To the extent permitted by law, Kalkine Pty Ltd excludes all liability for any loss or damage arising from the use of this website and any information published (including any indirect or consequential loss, any data loss or data corruption). If the law prohibits this exclusion, Kalkine Pty Ltd hereby limits its liability, to the extent permitted by law to the resupply of services. There may be a product disclosure statement or other offer document for the securities and financial products we write about in Kalkine Reports. You should obtain a copy of the product disclosure statement or offer document before making any decision about whether to acquire the security or product. The link to our Terms & Conditions has been provided please go through them and also have a read of the Financial Services Guide. On the date of publishing this report (mentioned on the website), employees and/or associates of Kalkine Pty Ltd do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s