LONG serving Bendigo and Adelaide Bank chairman Robert Johanson has announced he will retire at the company’s October annual general meeting.
Mr Johanson has been a board member for the past 31 years, 13 of them as chairman.
His successor, Jacqueline Hey, offers a remarkable depth of experience in business and technology systems, and has been a board member since 2011.
Ms Hey is a former chief executive officer of Ericsson in the UK and Australia, and is also a non-executive director of Qantas, AGL and Cricket Australia.
“I am delighted by the board’s decision to appoint Jacquie as the next Chair of the Bank,” Mr Johanson said.
“She has great business experience and now with deep knowledge of the business and effective engagement with our key stakeholders. This will ensure we continue to deliver better outcomes for staff, customers, partners and shareholders.”
Ms Hey said she was honoured to be appointed by the board as Bendigo and Adelaide Bank’s new chair and she was also excited by the
opportunity to continue to drive the organisation’s competitive market position and prosperity for customers and shareholders and their communities.
“I look forward to working with everybody connected with Bendigo and Adelaide Bank as we strive to be Australia’s bank of choice,” Ms Hey said.
The bank’s annual general meeting will be held in Bendigo on Tuesday, October 29.