LONDON: The Bendigo and Adelaide Bank Board of Directors today announced the appointment of Richard Fennell as Chief Executive Officer and Managing Director. Mr Fennell, the Bank’s Chief Customer Officer for Consumer Banking since 2018, will succeed Marnie Baker on August 31, 2024. Ms Baker has indicated her intention to conclude her time with the…
All posts tagged Bendigo and Adelaide Bank
Vicki Carter appointed Bendigo and Adelaide Bank Chair
LONDON: The Bendigo and Adelaide Bank Board of Directors today have confirmed that Vicki Carter’s appointment as Chair has become permanent, following her appointment as Interim Chair on 17 April. David Foster has stepped down as Chair and remains on a leave of absence. Vicki joined the Board in September 2018 and has over 30…
Bendigo and Adelaide Bank acquires $715mn ANZ Investment Lending portfolio
SYDNEY, AUSTRALIA: Bendigo and Adelaide Bank Limited (ASX: BEN) agreed to acquire the ANZ Investment Lending portfolio (ANZIL). The acquisition will allow Bendigo and Adelaide Bank to further grow its margin lending business, Leveraged Equities Limited, one of the leading and longest established margin lenders in Australia. The value of the portfolio the Bank is…
Bendigo and Adelaide Bank completes Bookbuild for $450 million capital notes offer
SYDNEY: Bendigo and Adelaide Bank (BEN) has successfully completed the Bookbuild for its offer of $450 million Capital Notes, which was announced on 28 October 2020, a news release noted. Following the completion of the Bookbuild, Bendigo and Adelaide Bank confirmed an aggregate Offer size of $450 million, with the ability to raise more or…
Bendigo and Adelaide Bank
Bendigo and Adelaide Bank is an Australian financial institution, operating primarily in retail banking. The company was formed by the merger of Bendigo Bank and Adelaide Bank in November 2007. Before the merger, Bendigo Bank delivered its products and services through almost 900 outlets Australia-wide, including more than 160 company owned branches, 220 community owned…