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Bank CEO to step down

Lachlan Maddock
— 1 minute read

BREAKING The chief executive of an Australian banking and wealth management group will resign in July 2020.

Melos Sulicich has announced that he will be resigning as the CEO and managing director of the Tasmania-based MyState.

“Melos has overseen a period of substantial growth, with the banking loan book doubling to in excess of $5 billion,” said MyState chairman Miles Hampton.

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“At the same time, Melos has led the digital transformation of the business, with MyState now rapidly growing its customer base and loan book across mainland Australia.” 

Mr Sulicich joined MyState in 2014. 

He made the decision to resign and return to Sydney permanently to be with his family. 

“It has been a privilege to be the managing director and CEO of MyState, and I am proud of the transformation achieved during my time with the company,” Mr Sulicich said.

“We are a significantly different business now and have created a banking and wealth management business that is well set for the future.”

Mr Hampton said the company will shortly commence the process of appointing a new managing director and CEO.

 

Bank CEO to step down
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