SYDNEY, AUSTRALIA: BNK Banking Corporation Limited announced that Brett Morgan, CEO of its Banking Division, has tendered his resignation to accept the role of Chief Executive Officer of MyState Limited.
BNK Banking Corporation Limited (BNK) is a diversified financial services company with two key operating divisions in banking and mortgage broking aggregation
Mr Morgan will assist the Board with a smooth transition process for the next 3 months. BNK Chairman, Mr Don Koch said: “whilst Brett has led BNK’s banking business for a relatively short period, one of his key achievements was establishing a strong executive team that has been behind the rapid business growth of the division.”
“I want to thank Brett for his significant contribution over the last 12 months and wish him well for the future.”
Brett Morgan will succeed Melos Sulicich as Managing Director and CEO of MyState Limited. MyState Chairman Miles Hampton said that Mr Morgan had been selected after an extensive search process that included well qualified and experienced bank leaders in Australia and New Zealand.
Mr Morgan worked at ING DIRECT for 15 years holding positions as Executive Director Customers, Executive Director Savings, Executive Director Mortgages together with a number of other senior roles.
In 2012 Mr Morgan was appointed as Country Head Branch Banking, Marketing and Private Clients at ING Vysya Bank in India, 40% owned by ING Group, where he led a shift from product to a customer led strategy with responsibility for 7,500 staff.
He returned to Australia in late 2014 for family reasons taking up key divisional CEO roles with Inloop, an Australian technology business that develops and operates financial technology, data and digital marketplace businesses. Mr Morgan will commence with MyState in January 2022.
MyState Limited is the ASX-listed (MYS) non-operating holding company of the diversified financial services Group consisting of MyState Bank and TPT Wealth, a trustee and wealth management company.