ME Bank’s acting chief executive, Adam Crane, has been appointed as the bank’s new chief executive, effective immediately.
ME Bank chair, James Evans, said Crane had “proven himself” since taking on the acting role in July.
“It was a smooth and effective transition, and importantly, he has the respect of our employees, shareholders and stakeholders generally,” he said.
“When Adam joined ME Bank as chief financial officer in August, the chief executive at the time and the board had succession planning in mind, as it always does with senior executive appointments. Adam’s depth of experience across finance, strategy and digital transformation and his evident leadership skills made him the standout candidate at the time.
“He again has proven to be the standout candidate for the role.”
The fund has announced an internal promotion to the newly created role.
Stockspot is aiming to launch the Australia-first vehicle in the coming months.
Natalie Kelly has been appointed permanently to the role following an extensive selection process.
Wayne Byres is the newest addition to the market operator’s leadership team as part of its ongoing board renewal initiative.
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